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The Adani Group has won four coal mining blocks in an auction, despite the ongoing fallout from the Hindenburg report

Hindenburg Research put the spotlight on the Adani Group’s relationship with Adicorp, a small Gujarat-based firm. Now, another connection has surfaced.

Adicorp Enterprises, which was named by Hindenburg in its report, competed against Adani at a coal block auction despite no prior mining experience, said a report

'Scroll.in' reported that the other bidder was Cavill Mining Private Limited, which is also the main promoter of Adicorp Enterprises. Hindenburg Research alleged the latter was used to route funds from various Adani Group firms to Adani Power.

Congress MP and the partys general secretary (communications) Jairam Ramesh on Tuesday posed three fresh questions to the BJP-led central government amid the Hindenburg-Adani row. The questions were raised during the Congresss nationwide Hum Adani Ke Hain Kaun campaign. Congress Leader Jairam Ramesh Poses Questions to Centre About Adani Group’s Shenanigans in Power Sector.

Congress MP and the party general secretary (communications) Jairam Ramesh on Tuesday posed three fresh questions to the BJP-led central government amid the H

Mukesh M. Shah, 71, an independent director and chairman of the audit committee at Adani Power, is also the founder and managing partner of Mukesh M Shah and Co., which serves as the auditor of Adicorp Enterprises, a privately held firm based out of Ahmedabad.

Gautam Adani published a 413-page rebuttal after allegations of fraud by short seller Hindenburg Research erased $51 billion of his flagship firm’s market value. Some 65 of the 88 questions posed by Hindenburg are based off Adani’s public disclosures and the conduct of the American short seller “is nothing short of a calculated securities fraud under applicable law,” Adani