Recently, the Adani Group has been the subject of a negative story in the media, following a report by Hindenburg Research. The Rashtriya Swayamsevak Sangh (RSS), a right-wing Hindu nationalist, volunteer organization, came to the defense of the Adani Group, claiming that the negative narrative against the company was the result of a well-planned and coordinated conspiracy. RSS Addresses Adani-RSS Addresses Adani
Allegations against Hindenburg Research
The Organizer, the mouthpiece of the RSS, has claimed that the negative story against the Adani Group started in 2016-17, when an Australian NGO, the Bob Brown Foundation (BBF), created a website called Adaniwatch.org to damage the brand image of Adani. According to the Organizer, the BBF has published negative articles about any project related to the Adani Group, including those that intrude into Indian politics and freedom of expression. The publication also raised questions about the involvement of senior journalist Ravish Kumar, who recently left a news channel after Adani bought a stake in NDTV.
Opposition to Adani's Coal Mine Project in Australia
The Organizer also claimed that the Adani Group received a project for the Carmichael coal mine in Australia in 2010, which was met with opposition from NGOs led by 350.org in 2017. These NGOs formed the hashtag "stopAdani" to protest the project and were heavily funded by organizations such as the Tides Foundation, George Soros, Tom Steyer, and others known for funding left-leaning NGOs.
Indian NGOs and Websites Receiving Funds
The Organizer also claimed that Indian NGOs, including the National Foundation for India (NFI), have received funding from organizations like Soros, Ford Foundation, Rockefeller, Omidyar, Bill Gates, and Azim Premji. According to the publication, Premji started the NGO IPSMF, which funds some of the propaganda websites in India associated with leftist ideology.
Supreme Court Petition
A petition has been filed in the Supreme Court of India, demanding action against the founder of Hindenburg Research, Anderson, alleging that he is a short seller who has fraudulently exploited innocent investors and artificially crashed Adani's shares. RSS Addresses Adani-RSS Addresses Adani
Conclusion
The controversy surrounding the Adani Group and Hindenburg Research report is complex and multifaceted, with allegations and counter-allegations being made by both sides. While the RSS has come out in support of the Adani Group, accusing a lobby of Indians of creating a negative story, others have raised concerns about the methodology and intentions of Hindenburg Research. The issue is currently being reviewed by the Supreme Court of India.
RSS Addresses Adani-RSS Addresses Adani
RSS Addresses Adani-RSS Addresses Adani
