Congress party workers on Monday staged protest outside State Bank of India (SBI) office in Mumbai over Adani issue. Recently, a US short-selling firm Hindenburg Research had put out a report alleging Adani group’s businesses have engaged in fraud and stock price manipulation (Pics/Shadab Khan)
Updated On: 2023-02-06 01:06 PM IST
Sion Koliwada Congress Committee and South Central District Congress Committee members staged protest outside at Antop Hill in Mumbai
The supporters and workers of Congress party held placards and posters against Adani outside the SBI building in Mumbai
The Congress on Monday launched a countrywide campaign over the Hindenburg-Adani row by staging protests in different parts of the country
The party has decided to hold countrywide protests in front of Life Insurance Corporation (LIC) offices and State Bank of India (SBI) branches
It is being argued by the Opposition that the investment of the Adani group in public sector banks such as the SBI and LIC has had a big impact on the savings of the middle class
A report by a US-based Hindenburg Research surfaced on January 24, claiming that the Adani Group had weak business fundamentals, and was involved in stock manipulation and accounting fraud, among others. The report triggered a sell-off of shares of all Adani Group companies
