Adani's fraud cannot be obfuscated by nationalism: Hindenburg
New Delhi (PTI): As the Indian stock market was to open Monday, all eyes were set on stocks of Adani Group companies, a day after it released a 413-page response to allegations of wrongdoing by US short seller Hindenburg Research.
Commenting on the response Adani Group released on Sunday in response to its report, Hindenburg said it believed India was a vibrant democracy and an emerging superpower with an exciting future and it was Adani Group which was holding it back through "systematic loot".
Hindenburg has rejected Adani Group's charge that its report was an attack on India, saying a "fraud" cannot be obfuscated by nationalism or a bloated response that ignored response to key allegations.
Our Reply To Adani:
— Hindenburg Research (@HindenburgRes) January 30, 2023
Fraud Cannot Be Obfuscated By Nationalism Or A Bloated Response That Ignores Every Key Allegation We Raisedhttps://t.co/ohNAX90BDf
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Fadnavis, Shinde, Pawar? Speculation rises over CM post as Mahayuti heads for landslide win in Maha
Mumbai: With counting still underway for Maharashtra's 288 Assembly constituencies, early trends show the BJP-led Mahayuti alliance is heading for a landslide victory. Meanwhile, speculation is intensifying over who will lead the state government.
The BJP’s seat tally is projected to rise significantly from 105 in 2019 to around 125, commanding its role as the dominant member in the alliance, with a staggering strike rate of 84%.
BJP spokesperson Pravin Darekar expressed that Devendra Fadnavis, a two-term Chief Minister, might reclaim the top post, describing the results as “overwhelming.” However, Shiv Sena spokesperson Sheetal Mhatare argued for continuity, advocating for current Chief Minister Eknath Shinde to retain the role.
BJP leader Keshav Upadhaye emphasized that the election outcome reflects the people's vote for development, but he noted that many party workers favor Fadnavis as the Chief Minister.
Adding to the drama, NCP leader Ajit Pawar, a Deputy Chief Minister in the current government, has also emerged as a potential contender. His wife, Sunetra Pawar, publicly expressed her desire to see him as Maharashtra's Chief Minister, further fueling discussions within the coalition.
