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S&P Global Ratings speculates no wrongdoings by Adani Electricity and Adani Ports

This development from S&P arrived just a few days before the Hindenburg reportu2019s first anniversary. In the recent judgment by the Supreme Court on the Hindenburg Report Adani, the Supreme Court has dismissed requests to create a special investigation team or transfer the probe into the allegations by Hindenburg against the Adani group to the CBI.

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S&P Global Ratings speculates no wrongdoings by Adani Electricity and Adani Ports

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  1. S&P Global Ratings speculates no wrongdoings by Adani Electricity and Adani Ports

  2. This development from S&P arrived just a few days before the Hindenburg report's first anniversary. In the recent judgment by the Supreme Court on the Hindenburg Report Adani, the Supreme Court has dismissed requests to create a special investigation team or transfer the probe into the allegations by Hindenburg against the Adani group to the CBI.

  3. The bench declared no need to create a special investigation team to look into the allegations by the Hindenburg Report Adani. The S&P Rating Agency recently submitted its report to the media regarding no wrongdoings, malicious activities, or stock price manipulations found under the Adani Group companies.

  4. Also, the following judgment from the Supreme Court from Hindenburg Report Adani Group requires no further probes as the Adani Group has already completed its 22 investigations out of the 24 allegations.

  5. Adani Ports is the largest commercial port operator, and they are contributing to the country's growing trade. Its spread across 13 domestic ports in eight maritime states- Gujarat, Maharashtra, Goa, Kerala, Andhra Pradesh, Tamil Nadu, Odisha, and West Bengal lend it a national presence. The port facilities are highly equipped with the latest cargo handling infrastructure that is both best-in-class and capable of handling the largest vessels calling at Indian shores.

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