Ashok jagtap, Member of Maharashtra Legislative Council

Mumbai Police on Wednesday detained the state Congress president Ashok Jagtap, senior leader Charan Singh Sapra and a few party supporters for protesting over the Hindenburg-Adani row here in Mumbai.The protesters had gathered outside the office of the National Stock Exchange in Mumbai after a report by US-based firm Hindenburg had earlier accused industrialist Gautam Adani of brazen stock manipulation and alleged financial irregularities.Congress leader Charan Singh Sapra speaking inside a police van after being detained alleged that Prime Minister Modi had "close links with Gautam Adani".Protestors who were raising "anti-Modi slogans" accused the PM of having "links" with industrialist Adani.Opposition Congress had attempted several times to raise the issue inside the parliament and has been demanding a joint parliamentary committee (JPC) to probe the allegations of the report.The party had announced a nation-wide-stir against the Adani issue last month and attempted to bring other opposition parties on board to corner the Bharatiya Janata Party-led Central government over the issue.On February 1, Adani Enterprises decided not to go ahead with its fully subscribed Follow-on Public Offer (FPO), with the Group chairman Gautam Adani stating on February 2 that it would not be "morally correct" to go ahead with the Rs 20,000-crore share in the current market condition.A report by the New York-based short seller on January 24, accused Adani Group of brazen stock manipulation and accounting fraud among others. The US-based firm, in its report, raised concerns about shares of Adani group companies having a possibility of declining from their current levels, owing to high valuations.In response, Adani Group said Hindenburg's report was not an attack on any specific company but a "calculated attack" on India, its growth story, and ambitions. It added the report was "nothing but a lie".The shares of Adani Group companies have been consistently declining, though with varying degrees, after the January 24 report by a US-based short seller which levelled various allegations against the group.( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Ashok JagtapFOLLOW

Ashok jagtap, Latest News

National :Mumbai police detains Congress leaders, workers protesting over Hindenburg-Adani row

Mumbai Police on Wednesday detained the state Congress president Ashok Jagtap, senior leader Charan Singh Sapra and a few ... ...