{"id":550992,"date":"2023-01-30T11:12:47","date_gmt":"2023-01-30T05:42:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=550992"},"modified":"2023-01-30T12:47:28","modified_gmt":"2023-01-30T07:17:28","slug":"attack-on-india-says-adani-in-413-page-reply-to-hindenburg-after-51-billion-wipeout","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/attack-on-india-says-adani-in-413-page-reply-to-hindenburg-after-51-billion-wipeout\/","title":{"rendered":"&#8216;Attack on India&#8217;, says Adani in 413-page reply to Hindenburg after $51 billion wipeout"},"content":{"rendered":"<p>Gautam Adani published a 413-page rebuttal after allegations of fraud by short seller Hindenburg Research erased $51 billion of his flagship firm\u2019s market value. Some 65 of the 88 questions posed by Hindenburg are based off Adani\u2019s public disclosures and the conduct of the American short seller \u201cis nothing short of a calculated securities fraud under applicable law,\u201d Adani Group said in a statement Sunday. It reiterated it will \u201cexercise our rights to pursue remedies to safeguard our stakeholders before all appropriate authorities.\u201d<\/p>\n<p>The lengthy response comes ahead of the final few days of a $2.5 billion share sale by Adani Enterprises Ltd., which received overall subscriptions of 1 per cent on Friday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gautam Adani published a 413-page rebuttal after allegations of fraud by short seller Hindenburg Research erased $51 billion of his flagship firm\u2019s market value. Some 65 of the 88 questions posed by Hindenburg are based off Adani\u2019s public disclosures and the conduct of the American short seller \u201cis nothing short of a calculated securities fraud under applicable law,\u201d Adani Group said in a statement Sunday. It reiterated it will \u201cexercise our rights to pursue remedies to safeguard our stakeholders before all appropriate authorities.\u201d The lengthy response comes ahead of the final few days of a $2.5 billion share sale by [&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":[146,130,234],"tags":[],"class_list":["post-550992","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\/550992","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=550992"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/550992\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=550992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=550992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=550992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}