{"id":587544,"date":"2023-06-28T09:32:56","date_gmt":"2023-06-28T04:02:56","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=587544"},"modified":"2023-06-28T10:16:42","modified_gmt":"2023-06-28T04:46:42","slug":"hindenburg-report-targeted-misformation-false-allegations-gautam-adani","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hindenburg-report-targeted-misformation-false-allegations-gautam-adani\/","title":{"rendered":"Hindenburg report &#8216;targeted misformation&#8217;, false allegations: Gautam Adani"},"content":{"rendered":"<p>Five months after a report by Hindenburg Research lopped off billions of dollars in market value of his empire, Gautam Adani on Tuesday said he remained confident about his firm\u2019s governance and disclosure standards.<\/p>\n<p>The 61-year-old chairman of the ports-to-energy conglomerate told shareholders that the American short-seller\u2019s report in January was \u201ctargeted misformation\u201d aimed to damage Adani group\u2019s reputation and misused by \u201cvested interests\u201d. <\/p>\n<p>&#8220;The short-selling incident resulted in several adverse consequences that we had to confront. Even though we promptly issued a comprehensive rebuttal, various vested interests tried to opportunistically exploit the claims made by the short-seller. These entities engaged and encouraged false narratives across news and social platforms,&#8221; said Adani.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Five months after a report by Hindenburg Research lopped off billions of dollars in market value of his empire, Gautam Adani on Tuesday said he remained confident about his firm\u2019s governance and disclosure standards. The 61-year-old chairman of the ports-to-energy conglomerate told shareholders that the American short-seller\u2019s report in January was \u201ctargeted misformation\u201d aimed to damage Adani group\u2019s reputation and misused by \u201cvested interests\u201d. &#8220;The short-selling incident resulted in several adverse consequences that we had to confront. Even though we promptly issued a comprehensive rebuttal, various vested interests tried to opportunistically exploit the claims made by the short-seller. These entities [&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-587544","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\/587544","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=587544"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/587544\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=587544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=587544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=587544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}