{"id":550230,"date":"2023-01-27T10:20:04","date_gmt":"2023-01-27T04:50:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=550230"},"modified":"2023-01-27T12:00:11","modified_gmt":"2023-01-27T06:30:11","slug":"adani-group-may-sue-hindenburg-for-mischievous-mala-fide-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-group-may-sue-hindenburg-for-mischievous-mala-fide-report\/","title":{"rendered":"Adani group may sue Hindenburg for &#8216;mischievous, mala fide&#8217; report"},"content":{"rendered":"<p>The Adani Group plans to sue US-based investment research firm Hindenburg Research for a \u201cmalafide and mischievous\u201d report published before the Indian firm\u2019s Rs 20,000 crore follow on public offer (FPO) pulled down company shares on Wednesday.<\/p>\n<p>\u201cWe are evaluating the relevant provisions under US and Indian laws for remedial and punitive action against Hindenburg Research,\u201d the group said in a statement.<\/p>\n<p>Responding to Adani Group\u2019s statement, Hindenburg said it stands by its report, adding that it has a long list of documents it will demand in a legal discovery process.<\/p>\n<p>\u201cIn the 36 hours since we released our report, Adani hasn\u2019t addressed a single substantive issue we raised,\u201d Hindenburg Research said on Twitter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Adani Group plans to sue US-based investment research firm Hindenburg Research for a \u201cmalafide and mischievous\u201d report published before the Indian firm\u2019s Rs 20,000 crore follow on public offer (FPO) pulled down company shares on Wednesday. \u201cWe are evaluating the relevant provisions under US and Indian laws for remedial and punitive action against Hindenburg Research,\u201d the group said in a statement. Responding to Adani Group\u2019s statement, Hindenburg said it stands by its report, adding that it has a long list of documents it will demand in a legal discovery process. \u201cIn the 36 hours since we released our report, [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-550230","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/550230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=550230"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/550230\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=550230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=550230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=550230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}