Adani cancels FPO on moral grounds, why has ‘morality’ come calling after hindenburg’s report? And where was ‘morality’ when not only the leadership but also the cos are called out for dubious activities?

Adani Group declared on 1 February that it has called down all the Follow-On Public Offerings (FPO) and will return the money to the investors amidst the ongoing controversy that the group has landed upon- The Hindenberg Report. The Report has alleged Adani Group for utilizing tax havens and raised debt concerns. Adani group has … Continue reading Adani cancels FPO on moral grounds, why has ‘morality’ come calling after hindenburg’s report? And where was ‘morality’ when not only the leadership but also the cos are called out for dubious activities?