What is Hindenburg Report on Adani group

 Hindenburg Research is a financial research and investor relations firm that focuses on providing in-depth analysis and investigation into publicly traded companies.

The firm's reports often focus on companies with high valuations, controversial business practices, or questionable financials.

These reports can be used by investors to gain insights into potential investment opportunities or to identify potential red flags.

The Hindenburg Reports are known for their critical assessments of the companies they examine, and they can have a significant impact on a company's stock price.

The reports typically include an analysis of the company's financials, business practices, and management, and they often present evidence to support their findings.

As a result, Hindenburg Reports are highly anticipated and widely read by investors, and they can cause significant volatility in a company's stock price.

Raking up the issue of Vinod Adani, Gautam Adani's brother, who was named in the Panama Papers and the Pandora Papers, the Congress on Sunday asked the government what happened to its strong stance against economic offenders that it elucidated on several platforms. Darting three questions to the government amid the Adani crisis, the Congress said, "You and your government cannot hide from -- saying Hum Adani ke Hain Kaun."

Parliament sessions for the last few days witnessed uproar as the Congress demanded a court-monitored probe or a joint parliamentary committee investigation. On the concerns of SBI, LIC, PNB's investment into Adani, finance minister Nirmala Sitharaman said they all have issued statements confirming that their exposure to Adani stocks has been within permitted limit.