Mumbai There has been an outcry in the market due to the fall in the shares of Adani Group companies. Gautam Adani has slipped from the world’s second richest to number 15. Adani Group’s FPO has been cancelled. In the midst of all this, there is news quoting sources that SEBI’s investigation has started after the report of short selling company named Hindenburg Research about Adani Group. According to sources, the central government is in constant touch with SEBI in the case of Adani. According to reports, the Reserve Bank of India (RBI) has sought information from all banks about the loans given to Adani. At the same time, there has been a ruckus in the Parliament on this issue as well. The issue of Adani was raised in both the Houses in the Parliament today.
In Parliament, the opposition raised the issue of Adani in Lok Sabha and Rajya Sabha and demanded discussion. Shiv Sena leader Priyanka Chaturvedi gave notice in Rajya Sabha. The opposition was adamant on the demand for discussion in both the Houses. Slogans were raised against the government. Proceedings in Lok Sabha and Rajya Sabha had to be stopped because of this. The proceedings of both the houses have to be adjourned till 2 pm today. It is believed that the opposition will not drag its feet in this matter and due to the uproar, it is difficult for the Parliament to function at the moment. In the case of Adani, the opposition is adamant on demanding a detailed discussion with the government.
The Leader of the Opposition and especially former Congress President Rahul Gandhi has been continuously calling the Modi government Adani-Ambani’s. Rahul Gandhi and the opposition allege that at the behest of the government, a loan of Rs 2 lakh crore was given to Adani from public sector banks. They say that if the Adani Group is unable to repay the loan, then the public sector banks will collapse. On the other hand, Adani says that the amount of loan that is being told to him by the banks is not that much and all the loans have been taken by mortgaging the property. In this case the loans are safe and there is no risk to the banks. After the decision to cancel the FPO, Gautam Adani has released a video saying that he gives priority to the interest of investors, not small issues. Adani also said that the balance sheet of the company is very strong.