Adani issues 413-page response, calls Hindenburg allegations attack on India
New Delhi, Jan 29: Richest Indian Gautam Adani's group on Sunday likened the damning allegations levied by short seller Hindenburg Research to a "calculated attack" on India, its institutions and growth story, saying the allegations are "nothing but a lie".
In a 413-page response, Adani Group said the report was driven by "an ulterior motive" to "create a false market" to allow the US firm to make financial gains.
"This is not merely an unwarranted attack on any specific company but a calculated attack on India, the independence, integrity and quality of Indian institutions, and the growth story and ambition of India," it said.
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PM unveils development projects worth over Rs 4,000 crore in Sikkim
Gangtok (PTI): Prime Minister Narendra Modi on Tuesday launched development projects worth over Rs 4,000 crore in Sikkim while attending the closing ceremony of the state's 50 years of statehood celebrations.
The projects span a wide range of sectors such as infrastructure, connectivity, healthcare, education, power, urban development, environment, tourism and agriculture, the officials said.
These projects are aimed at accelerating holistic and inclusive development in Sikkim.
The PM's visit marks an important milestone in the golden jubilee year of Sikkim's statehood and reflects the government's "continued commitment to the rapid and sustainable development of the Himalayan state", the officials said.
