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"Hindenburg report a full planned conspiracy against India"

<p>After being into headlines, certainly there is a sign of relief to CEO of Adani Group. As the MD and CEO of Bank of Baroda Sanjiv Chadha has recently confirmed that the bank would continue providing loan to the Adani group.Industrialist Gautam Adani&#8217;s group on Sunday termed the serious allegations levelled by financial research firm Hindenburg Research as a &#8220;planned attack on India, its institutions and the growth story&#8221; and said the allegations were &#8220;nothing but lies&#8221;. The Adani Group further said the Hindenburg report was motivated by a &#8220;hidden intent &#8220;nothing but intended to create a &#8220;false impression&#8221; to benefit the US-based firm financially. &#8220;This is not just an unwarranted attack on a specific company, but a planned attack on India, the independence, integrity and quality of Indian institutions, and India&#8217;s growth story and ambitions,&#8221; the group said. ’While making it clear to the audience Sanjiv Chadha said, “For us, any lending decision is based upon, again, the </p>
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After being into headlines, certainly there is a sign of relief to CEO of Adani Group. As the MD and CEO of Bank of Baroda Sanjiv Chadha has recently confirmed that the bank would continue providing loan to the Adani group.

Industrialist Gautam Adani’s group on Sunday termed the serious allegations levelled by financial research firm Hindenburg Research as a “planned attack on India, its institutions and the growth story” and said the allegations were “nothing but lies”. The Adani Group further said the Hindenburg report was motivated by a “hidden intent “nothing but intended to create a “false impression” to benefit the US-based firm financially. “This is not just an unwarranted attack on a specific company, but a planned attack on India, the independence, integrity and quality of Indian institutions, and India’s growth story and ambitions,” the group said. ’

While making it clear to the audience Sanjiv Chadha said, “For us, any lending decision is based upon, again, the
assessment of risk and the return on that particular exposure. I
don’t think we will be changing that at all. Anything that meets
our underwriting criteria is a lendable proposition for us.”


On the Other hand there is another positive news for Adani! Now the prestigious Science Museum in London indicated it will continue its association with the Adani Group. The Adani Group’s Adani Green is the sponsor of the Science Museum, which is due to open this year. This sponsorship was earlier announced by them in 2021.
The museum on its site states that the Adani Green Energy Gallery will explore the latest climate science and the energy revolution needed to cut global dependence on fossil fuels and achieve the Paris targets to limit global warming to around 1.5 degrees Celsius above pre-industrial levels.


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