India's Adani Group CFO says stocks rout similar to colonial-era massacre

Adani's finance chief, Jugeshinder Singh, likened the behaviour of Indian investors participating in the sell-off to the colonial-era Jallianwala Bagh massacre in Amritsar city.

On April 13, 1919, a British officer ordered about 50 Indian army soldiers to shoot at unarmed civilians who were taking part in a peaceful protest. At least 379 people were killed, according to the official record, although local residents have said in the past the toll was far higher. "In Jallianwala Bagh, only one Englishman gave an order, and Indians fired on other Indians," Singh told the Mint business daily in an interview published on Monday, when asked why the market believed the Hindenburg report.India's government has not commented on the Hindenburg allegations.

Hindenburg said in a statement on Monday that the Adani Group was trying to "lead the focus away from substantive issues and instead stoked a nationalist narrative". "In short, the Adani Group has attempted to conflate its meteoric rise and the wealth of its chairman, Gautam Adani, with the success of India itself," it said.Jawhar Sircar, a lawmaker from the opposition Trinamool Congress, posted on Twitter: "Since when is Adani=India?"

The colonial era massacres were carried out by Indian soldiers working for the British.

He is losing his job and his mind 🤣

Company mei dramebaaz log zayada hai adani ke

Adani proving they are complete rogues then. Any relationship with INFOSYS?

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

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Adani Group: Hindenburg report intended to create false marketIndia's Adani Group said on Sunday that a Jan. 24 report by short seller Hindenburg Research that led to a $48 billion rout in its stock was intended to create a false market to enable the short seller to book gains. Lmfao Hidenburg short sellers hai paise kama liye Ab use koi fark nai padta Western countrys ka hamaesa aisa rule raha hai every thief says they didnt so it. Adani following same route.
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Adani Enterprises shares rise but other group stocks plunge after short-seller attackShares in India's Adani Enterprises rose as much as 9.5% on Monday but those of several other group companies plunged for the third straight day, extending their losses after a U.S. short-seller's report that criticised the group. If the group has been taking the fake route all these days to mint money from public then it is clear that even this increasing share price is another fact that makes HindenburgRes report true. LIC DII are pumping into it Adani enterprise have large property around the world ports and airport
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Adani group's market loss swells to $65 billion in short-seller attack aftermathMost Adani group shares extended their sharp falls to Monday as a detailed rebuttal of a U.S. short-seller's criticisms by the Indian conglomerate failed to pacify investors whose market losses have now risen to $65 billion over three days. Overnight riches often see this Is he all right Super. He is a fraud.
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