"GetoutRavi" posters crop up in Tamil Nadu; BJP hits back with banners hailing him
Chennai (PTI): A day after the spat between the ruling DMK and Tamil Nadu Governor R N Ravi on the floor of the state assembly, "#GetoutRavi" posters, prominently featuring Chief Minister M K Stalin surfaced in some parts of the city.
The hashtag was trending on Twitter on Monday following Ravi's face-off with the state government in the Assembly where Stalin, also president of the ruling DMK piloted a resolution against the Governor's deviation from his customary address to the Legislature and retain the draft prepared by his government.
However, in Pudukottai, posters were put up by local BJP functionaries hailing Ravi. Many BJP Twitter handles backed him and slammed the ruling DMK over the matter.
Stalin's son and state Minister Udhayanidhi hailed what happened in the Assembly on Monday and said it was an "unprecedented event" in the history of the House.
"Normally our leader (Stalin) makes the opposition run with his replies (in the assembly) but this time he made the governor run," he quipped at an event.
Stalin will be the first CM to voice concern whenever "our rights" are affected, he added.
A senior TN BJP functionary filed a police complaint against some MLAs of the ruling DMK.
In a tweet, A Ashvathaman, State Secretary, said he has filed the complaint under Section 124 of the IPC, which deals with "assaulting President, Governor, etc., with intent to compel or restrain the exercise of any lawful power."
Protests were held in Coimbatore against the Governor by the Thanthai Periyar Dravidar Kazhagam where the agitators attempted to burn an effigy of Ravi. Elsewhere, local BJP workers staged a demonstration condemning the incident. Police detained the respective activists seperately.
Meanwhile, another row erupted over the Raj Bhavan's Pongal celebrations invitation allegedly not containing the state government emblem. The invitation contained only the national emblem, many alleged.
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Anti-Adani short-seller Hindenburg Research disbanded
Washington (PTI): Hindenburg Research, a US investment research firm known for short-selling, and whose reports resulted in wiping out billions of dollars of Indian billionaire Gautam Adani and his companies, has been shut down, its founder Nate Anderson announced Wednesday.
“As I’ve shared with family, friends and our team since late last year, I have made the decision to disband Hindenburg Research. The plan has been to wind up after we finished the pipeline of ideas we were working on. And as of the last Ponzi cases we just completed and are sharing with regulators, that day is today,” Anderson announced.
In the last few years, Hindenburg Research had launched a campaign against the Adani group. Its reports published since 2023 had resulted in billions of dollars of loss for the Indian billionaire. All the charges were denied by Adani and his companies.
The sudden and surprising announcement by Anderson comes within days of a Republican Congressman, a member of the House Judiciary Committee, asking the Department of Justice to preserve all the documents and communications related to the investigations of Adani and his companies.
Anderson did not give a specific reason for disbanding his organization, which is less than a week before the end of the four-year term of the Biden Administration and the swearing-in of Donald Trump as the 47th President of the United States on January 20.
“So, why disband now? There is not one specific thing—no particular threat, no health issue, and no big personal issue. Someone once told me that at a certain point a successful career becomes a selfish act. Early on, I felt I needed to prove some things to myself. I have now finally found some comfort with myself, probably for the first time in my life,” he said.
“I probably could have had it all along had I let myself, but I needed to put myself through a bit of hell first. The intensity and focus has come at the cost of missing a lot of the rest of the world and the people I care about. I now view Hindenburg as a chapter in my life, not a central thing that defines me,” he said.
In an interview to The Wall Street Journal, Anderson said he looks forward to taking up hobbies, travelling and spending time with his fiancée and their child, adding that he has earned enough money to provide for them in the future. He said he plans to invest his money in index funds and other low-stress investments.
Anderson said for now, he will be focused on making sure everyone on his team lands where they want to be next.
“Some are going to start their own research firm, which I will strongly and publicly encourage, even as I will have no personal involvement. There are others on our team who are now free agents—so feel free to reach out to me if you have a need for anyone who is brilliant, focused, and easy to work with, as they all are,” he said.
