Sebi clean chit: Adani says those spreading false narratives using fraudulent report owe apology
New Delhi (PTI): Buoyed by Sebi clean chit, billionaire Gautam Adani on Thursday said those who spread false narratives using Hindenburg Research's 'fraudulent and motivated' report owe the nation an apology.
In a post on X accompanied by the national tricolour, Adani said the Sebi clean chit has reaffirmed what his group has always maintained -- "that the Hindenburg claims were baseless".
Sebi on Thursday cleared Adani and his group of stock manipulation allegations made by US short-seller Hindenburg Research, saying it found no evidence that the conglomerate used related parties to route funds into its listed companies.
"After an exhaustive investigation, Sebi has reaffirmed what we have always maintained, that the Hindenburg claims were baseless. Transparency and integrity have always defined the Adani Group," the Adani Group Chairman said in the post.
Hindenburg report of January 2023 had triggered a stock market rout of Adani group companies, who at their lowest point lost USD 150 billion in value.
"We deeply feel the pain of the investors who lost money because of this fraudulent and motivated report. Those who spread false narratives owe the nation an apology," he said. "Our commitment to India's institutions, to India's people and to nation building remains unwavering."
He signed off the post with, "Satyamev Jayate! JAI HIND!"
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Trump says he ‘hasn’t even thought about’ continuing Iran ceasefire
Washington: US President Donald Trump has said he has not yet considered whether he would continue the ceasefire involving Iran, while also claiming the United States holds the advantage in negotiations.
Speaking to reporters, Trump said he was prepared to make a deal with “whoever is running the show” in Iran.
“They are fighting with each other, there’s tremendous infighting. They’re probably fighting for leadership in many cases. I think they’re fighting not to be leader because we knocked out two levels of leaders,” he said.
Trump added, “When they want they can call me. We have all the cards, we’ve won everything.”
Referring to ongoing negotiations, he said, “They gave us a paper that should’ve been better. And, interestingly, immediately when I cancelled it [envoy trip to Pakistan], within 10 minutes we got a new paper that was much better.”
“We talked about they will not have a nuclear weapon, very simple … They offered a lot, but not enough,” he added.
When asked whether he would continue the ceasefire, Trump replied, “I haven’t even thought about it.”
The remarks come as uncertainty remains over the future of the temporary truce and broader negotiations between Washington and Tehran.
