Key Points
Adani Hindenburg row: Targeting the Opposition, Senior lawyer Mahesh Jethmalani on Friday said that the whole "crony capitalism" campaign against Gautam Adani and the Adani Group has backfired..
In an interview with NDTV, Rajya Sabha MP Jethmalani said those who celebrated the short-seller Hindenburg Research "hit job" on the Adani Group "have egg on their faces"...
Since then the Supreme Court clean chit has come, and Adani Group companies' shares have returned to pre-Hindenburg levels," Jethmalani said...
On Thursday, Jethmalani posted on X (formerly Twitter) that a businessman with Chinese links commissioned the report by Hindenburg Research, which led to market crash and a significant drop in Adani Group shares in January 2023...
Jethmalani claimed that Mark Kingdon, US-based businessman behind Kingdon Capital Management LLC, had hired Hindenburg to prepare a report on the Adani Group...
