, Watchell will work on the Adani Group’s “legal, regulatory and public relations” response to allegations of fraud raised against it by Hindenburg, late last month.
Watchell was first approached by Indian law firm Cyril Amarchand Mangaldas which represents the Adani Group and is led by founder Gautam Adani’s son-in-law Cyril Shroff, the report adds. Late on Thursday index provider Morgan Stanley Capital International’s moved to lower the weightage for four Adani group companies—including the flagship Adani Enterprises—on its closely watched indicesIn its announcement MSCI said it had determined that the “characteristics of certain investors have sufficient uncertainty” that triggered a reassessment of the total number of Adani shares that were being freely traded by international investors.
Shares of Adani Group’s listed firms were hit by a selloff once again on Friday with the flagship Adani Enterprises being down more than 3% in afternoon trading.
This is how stocks work👀🌚
He will not be even in top 100. You just need to publish one article ' How Modi Helped Adani'. Only people who are not in control of Indian government can do it. In India, SC to SEBI everthing is managed.
it is narendra's wealth. gautam is only a book keeper.
He will be screwed in US if he plans to proceed
This idiot will be self-inflicting more harm and damage on himself than HindenburgRes did.
He alone is not responsible for this situation. India's Prime Minister Narendra Modi too is a partner in Adani's financial crimes. Modi supported him twisting all laws. Modi behaved like Adani's agent.
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