{"id":587623,"date":"2023-06-28T10:11:02","date_gmt":"2023-06-28T04:41:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=587623"},"modified":"2023-06-28T11:15:41","modified_gmt":"2023-06-28T05:45:41","slug":"5-months-of-hindenburg-report-adani-says-confident-of-governance-disclosure-standards","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/5-months-of-hindenburg-report-adani-says-confident-of-governance-disclosure-standards\/","title":{"rendered":"5 months of Hindenburg report: Adani says confident of governance, disclosure standards"},"content":{"rendered":"<p>Five months after a bombshell short seller report lopped off billions of dollars in market value of his empire, Gautam Adani has reiterated that his ports-to-energy conglomerate remains confident in its governance and disclosure standards.<\/p>\n<p>In the annual report of group&#8217;s flagship firm Adani Enterprises Ltd, the Adani Group chairman said a Supreme Court-appointed panel of experts found no regulatory failure.<\/p>\n<p>Hindenburg Research on January 24 accused Adani of &#8220;brazen stock manipulation and accounting fraud&#8221; as well as using &#8220;labyrinthian network&#8221; of shell companies for surreptitious money movements, allegations that the conglomerate has strongly denied, calling the report &#8220;a calculated attack on India&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Five months after a bombshell short seller report lopped off billions of dollars in market value of his empire, Gautam Adani has reiterated that his ports-to-energy conglomerate remains confident in its governance and disclosure standards. In the annual report of group&#8217;s flagship firm Adani Enterprises Ltd, the Adani Group chairman said a Supreme Court-appointed panel of experts found no regulatory failure. Hindenburg Research on January 24 accused Adani of &#8220;brazen stock manipulation and accounting fraud&#8221; as well as using &#8220;labyrinthian network&#8221; of shell companies for surreptitious money movements, allegations that the conglomerate has strongly denied, calling the report &#8220;a calculated [&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-587623","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\/587623","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=587623"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/587623\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=587623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=587623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=587623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}