Senior Congress leader Jairam Ramesh has said that the Hindenburg thesis is shocking.
Hindenburg is a famous US based investment research firm. The agency regularly investigates and publishes reports on financial and governance irregularities in the world’s largest corporations. Its reports are believed to play an important role in exposing fraud and protecting investors.
In this situation, India’s Adani Group has been involved in financial irregularities for several years, the Hindenburg Institute issued a report early last year. As a result, the shares of Adani Group companies suffered a major decline. As a result, the Adani Group suffered a loss of several thousand crores. However, in a case filed seeking to investigate the veracity of the Hindenburg report, the Supreme Court ruled that the case against the Adani Group should be investigated by the Securities and Exchange Commission (SEBI).
In this situation, the Hindenburg Research Institute posted yesterday on the X site that “a big event is going to happen in India soon”. In this situation, the foreign companies involved in the Adani Group corruption case, the head of the Securities and Exchange Commission of India, Sebi, Madhabi Puri Buch, along with her husband, had bought tens of thousands of shares, a report has published.
This report has created quite a stir. Senior Congress leader Jairam Ramesh has said that the Hindenburg thesis is shocking. He also insisted that the central government should order a joint parliamentary committee to investigate the matter.
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