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Hindenburg report ‘nothing however lies,’ says Adani

1 min read

By Online Desk

Asia’s richest man Gautam Adani has stated, “the Hindenburg report is neither independent, objective nor well researched; allegations nothing but lies.”

The response from Adani comes as he, in line with Reuters, faces a essential day on Monday along with his flagship firm’s $2.5 billion share sale’s second day of bidding overshadowed by a $48 billion rout within the billionaire’s shares which was sparked by US brief vendor’s report.

Adani Group has earlier referred to as the report baseless and stated it was contemplating taking motion in opposition to Hindenburg.

(More particulars comply with)

Asia’s richest man Gautam Adani has stated, “the Hindenburg report is neither independent, objective nor well researched; allegations nothing but lies.”

The response from Adani comes as he, in line with Reuters, faces a essential day on Monday along with his flagship firm’s $2.5 billion share sale’s second day of bidding overshadowed by a $48 billion rout within the billionaire’s shares which was sparked by US brief vendor’s report.

Adani Group has earlier referred to as the report baseless and stated it was contemplating taking motion in opposition to Hindenburg.

(More particulars comply with)