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Adani Group's CFO Reacts as Hindenburg Research Shuts Down

Adani Group's CFO Reacts as Hindenburg Research Shuts Down

16 Jan, 2025

Adani Group's Chief Financial Officer, Jugeshinder Singh, responded to the unexpected closure of Hindenburg Research with a cryptic message: "kitne ghazi aaye, kitne ghazi gaye," meaning "many conquerors came, many conquerors have gone.

The closure of Hindenburg comes shortly before Donald Trump's anticipated inauguration as U.S. President and amid criticism from Congressman Lance Gooden, who recently called the U.S. government's probe into Adani Group companies "damaging to America’s alliances."

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