Adani Publishes 413-Page Rebuttal to Short-Seller Hindenburg's Report

The transcript discusses Adani's rebuttal to the Hindenburg Research report, which accused the company of accounting fraud and market manipulation. Adani claims the allegations are baseless and an attack on India. The timing of the report coincides with a significant share sale, affecting investor sentiment. Despite some strong responses from anchor investors, concerns remain, especially with high-profile investors like Bill Ackman questioning the credibility of Adani's rebuttal.

What was the main accusation made by the Hindenburg Research report against the Adani Group?

• Tax evasion

• Labor rights abuses

• Accounting fraud and market manipulation

• Environmental violations

How did Adani Group describe the timing of the Hindenburg report?

• Unfortunate

• Strategic

• Coincidental

• Irrelevant

Which major financial institution was involved in underwriting the Adani share sale?

• Morgan Stanley

• Goldman Sachs

• HSBC

• Jeffries

What was the initial response from anchor investors to the Adani share sale?

• Strong

• Weak

• Non-existent

• Moderate

Which high-profile investor expressed concerns about the credibility of the Hindenburg report?

• Warren Buffett

• George Soros

• Carl Icahn

• Bill Ackman