By Online Desk
Asia’s richest man Gautam Adani has said that “the Hindenburg report is neither independent, objective nor well researched; allegations nothing but lies.”
The response from Adani comes as he, according to Reuters, faces a critical day on Monday with his flagship company’s $2.5 billion share sale’s second day of bidding overshadowed by a $48 billion rout in the billionaire’s stocks which was sparked by a US short seller’s report.
Adani Group has earlier called the report baseless and said it was considering taking action against Hindenburg.
(More details follows)
Asia’s richest man Gautam Adani has said that “the Hindenburg report is neither independent, objective nor well researched; allegations nothing but lies.”
The response from Adani comes as he, according to Reuters, faces a critical day on Monday with his flagship company’s $2.5 billion share sale’s second day of bidding overshadowed by a $48 billion rout in the billionaire’s stocks which was sparked by a US short seller’s report.
Adani Group has earlier called the report baseless and said it was considering taking action against Hindenburg.
(More details follows)
