31 March Friday

SC-monitored High-level Probe Required Into Adani Group Scams; Elamaram Serves Notice in Rajya Sabha

Web Desk (Tvm)Updated: Thursday Feb 2, 2023

New Delhi : CPI(M) Rajya Sabha Party leader Elamaram Kareem MP gives a Suspension of Business notice under Rule 267 demanding a Supreme court-monitored high-level probe into the findings made by Hindenburg  against the  Adani Group that’s accused of massive stock manipulation and accounting fraud.

Hindenburg is a New York-based investors research firm that accused industrialist Gautam Adani’s companies of “brazen” stock manipulation and accounting fraud over decades. Following the report, Adani-affiliate shares, including the flagship Adani Enterprises, bled hard on the indices.