All that’s problematic about Hindenburg report and the allegations in it

Earlier this year, Hindenburg Research, a profit-motivated “activist firm”, released a malicious report on the Adani group. The report, which was dramatically revealed to the public with its sensational title, resulted in exactly what Hindenburg Research envisioned: Frenzied panic that caused the Indian stock markets to plummet. The report made several allegations on the Adani group; it alleged price manipulation of shares, circumvention of regulations and fabrication of key compliances, among other things.

The havoc caused by the report led several persons to the Supreme Court of India where multiple writ petitions were filed.