The Hindenburg photograph

The Hindenburg

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Initial release December 25, 1975
Directors Robert Wise
Composers David Shire
Screenplay Nelson Gidding
William Link
Richard Levinson
Date of Reg.
Date of Upd.
ID2609083
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About The Hindenburg


Nazi Germany's prized airship is threatened with sabotage, so Col. Franz Ritter (George C. Scott) is charged with its safety. As the massive zeppelin lifts off for a journey to the United States, Ritter investigates the passengers, looking for a potential bomber. Could it be anti-Nazi Countess Ursula von Reugen (Anne Bancroft), suspicious gambler Emilio Pajetta (Burgess Meredith), shifty advertising man Edward Douglas (Gig Young) or even the pilot, Capt. Pruss (Charles Durning) ? … MORE

Adani Group says Hindenburg fraud claim 'calculated attack on India'

Jan 29,2023 11:31 pm

By Peter HoskinsBusiness reporter

The company owned by Asia's richest man Gautam Adani has issued a detailed rebuttal of allegations of wrongdoing by short seller Hindenburg Research .

, which runs to More Than 400 pages, Adani Group says The Report is a " calculated attack on India".

Later on Sunday, Hindenburg said " Adani failed to specifically answer 62 of our 88 questions" detailed in its report.

Adani Group , an Indian conglomerate, had More Than $50bn ($40. 4bn) wiped off its stock market value last week.

It also said that it had complied with all local laws and had made the necessary regulatory disclosures.

" All transactions entered into by us with entities who qualify as 'related parties' under Indian laws and accounting standards have been duly disclosed by us, " Adani Group said in a 413-page document issued late on Sunday.

It went on to accuse The Hindenburg report of being intended to enable the US-based short seller to book gains, without citing evidence.

" This is rife with conflict of interest and intended only to create a false market in securities to enable Hindenburg, an admitted short seller, to book massive financial gain through wrongful means at the cost of countless investors, " it added.

" Short-selling" is when someone bets against a company's share price in The Expectation that it will Fall .

: " To be clear, we believe India is a vibrant democracy and an emerging superpower with an exciting future. "

" We also believe India's future is being held back by the Adani Group , which has draped itself in The Indian flag while systematically looting The Nation . "

It Comes as Adani Group 's flagship firm, Adani Enterprises, is This Week pushing ahead with a $2. 5bn share sale.

Last week, a report published by Hindenburg questioned the Adani Group 's ownership of companies in offshore tax havens such as Mauritius and The Caribbean .

It also claimed Adani companies had " substantial debt" which put the entire group on a " precarious financial footing".

But on Thursday, Adani Group said it was evaluating " remedial and punitive action" against Hindenburg Research in the US and India.

Adani said it had always been " in compliance with all laws".

Also on Thursday, Hindenburg responded to Adani's comments, saying The Firm had not addressed " a single substantive issue we had raised".



Source of news: bbc.com

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