{"id":550504,"date":"2023-01-28T10:15:33","date_gmt":"2023-01-28T04:45:33","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=550504"},"modified":"2023-01-28T11:18:11","modified_gmt":"2023-01-28T05:48:11","slug":"adani-group-planning-to-take-legal-action-against-hindenburg","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-group-planning-to-take-legal-action-against-hindenburg\/","title":{"rendered":"Adani Group planning to take legal action against Hindenburg"},"content":{"rendered":"<p>The Adani Group on Thursday said it\u2019s planning to sue Hindenburg Research which came out with a \u201cmaliciously mischievous\u201d report alleging \u201cbrazen stock manipulation and accounting fraud scheme\u201d over the course of decades by the group.<\/p>\n<p>\u201cWe are evaluating the relevant provisions under US and Indian laws for remedial and punitive action against Hindenburg Research,\u201d  Jatin Jalundhwala, Group Head \u2013 Legal, Adani, said in a statement.<\/p>\n<p>\u201cThe maliciously mischievous, unresearched report published by Hindenburg Research on January 24, 2023 has adversely affected the Adani Group, our shareholders and investors. The volatility in Indian stock markets created by the report is of great concern and has led to unwanted anguish for Indian citizens,\u201d Adani said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Adani Group on Thursday said it\u2019s planning to sue Hindenburg Research which came out with a \u201cmaliciously mischievous\u201d report alleging \u201cbrazen stock manipulation and accounting fraud scheme\u201d over the course of decades by the group. \u201cWe are evaluating the relevant provisions under US and Indian laws for remedial and punitive action against Hindenburg Research,\u201d Jatin Jalundhwala, Group Head \u2013 Legal, Adani, said in a statement. \u201cThe maliciously mischievous, unresearched report published by Hindenburg Research on January 24, 2023 has adversely affected the Adani Group, our shareholders and investors. The volatility in Indian stock markets created by the report is [&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":[130],"tags":[],"class_list":["post-550504","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/550504","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=550504"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/550504\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=550504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=550504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=550504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}