{"id":550362,"date":"2023-01-27T11:58:22","date_gmt":"2023-01-27T06:28:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=550362"},"modified":"2023-01-27T13:33:26","modified_gmt":"2023-01-27T08:03:26","slug":"adani-group-says-evaluating-taking-action-against-hindenburg-research","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-group-says-evaluating-taking-action-against-hindenburg-research\/","title":{"rendered":"Adani Group says evaluating taking action against Hindenburg Research"},"content":{"rendered":"<p>The Adani Group is exploring legal action against US-based Hindenburg Research that recently accused the ports-to-power conglomerate of stock manipulation and accounting fraud.<\/p>\n<p>\u201cWe are evaluating the relevant provisions under US and Indian laws for remedial and punitive action against Hindenburg Research,\u201d Adani Group\u2019s legal head, Jatin Jalundhwala, said in an exchange filing on Thursday.\u00a0<\/p>\n<p>The move came a day after shares in the conglomerate\u2019s companies lost about Rs 97,000 crore in market value following the release of the US investment research firm\u2019s report accusing billionaire Gautam Adani\u2019s group of pulling \u201cthe largest con in corporate history\u201d.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Adani Group is exploring legal action against US-based Hindenburg Research that recently accused the ports-to-power conglomerate of stock manipulation and accounting fraud. \u201cWe are evaluating the relevant provisions under US and Indian laws for remedial and punitive action against Hindenburg Research,\u201d Adani Group\u2019s legal head, Jatin Jalundhwala, said in an exchange filing on Thursday.\u00a0 The move came a day after shares in the conglomerate\u2019s companies lost about Rs 97,000 crore in market value following the release of the US investment research firm\u2019s report accusing billionaire Gautam Adani\u2019s group of pulling \u201cthe largest con in corporate history\u201d.\u00a0<\/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":[146,130,234],"tags":[],"class_list":["post-550362","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/550362","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=550362"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/550362\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=550362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=550362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=550362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}