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Hindenburg Research says if Adani Group files a lawsuit, it will demand documents from the company.

image source-Millenium Post   Adani Group has announced that it is considering legal action against Hindenburg Research, a US-based investment research firm, for its recent report on the Indian conglomerate. In response, Hindenburg has stated that it fully stands by its report and believes any legal action taken against them would be without merit. The report, which was released this week, alleged that Adani Group had used undisclosed related-party transactions and earnings manipulation to "maintain the appearance of financial health and solvency" of its listed business units. The firm also stated that they would welcome any legal action taken by Adani Group and would use the discovery process to demand documents.

Rahul Gandhi's Powerful Message: Challenging Threats and Embracing Love in Contemporary India


Congress leader Rahul Gandhi criticizes PM Narendra Modi, stating that some in India believe they know more than God. Speaking in San Francisco, he addresses individuals who claim expertise in history, science, and military tactics. The 'Mohabbat Ki Dukaan' event by Indian Overseas Congress USA drew attendees from Silicon Valley, Los Angeles, and Canada.

 


 

 During his address to the Indian American community, Rahul Gandhi, aged 52, highlights the challenges faced by marginalized communities in India. He emphasizes the importance of challenging and combating oppression with love and affection. Rahul Gandhi also discusses the caste census conducted during the Congress-led UPA government, underscoring its significance in understanding society's dynamics and effective power distribution. He criticizes Prime Minister Narendra Modi and a group of individuals who believe they know more than anyone else.


Rahul Gandhi's remarks elicit laughter from his supporters as he humorously portrays the prime minister's self-proclaimed expertise. Additionally, he reaffirms Congress' commitment to the Women's Reservation Bill, advocating for women's rightful place in politics, business, and governing the country. In New York, Rahul Gandhi's itinerary includes engaging with intellectuals, attending a lunch event, and meeting accomplished individuals of Indian descent in the creative industry. His visit will culminate in a public address at the Javits Center, where he intends to share his perspectives and aspirations with a wider audience.

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