Gautam Adani: Is the government shying away from discussing the Adani case? Commerce Minister Piyush Goyal gave this answer – commerce minister piyush goyal replied on Hindenburg’s report

money is completely safe

The minister said that the financial institutions have already made it clear that their money is completely safe. Goyal said that both Life Insurance Corporation of India (LIC) and State Bank of India (SBI) have given the details. “I think it is a matter of a private company, a report which has been submitted by a foreign agency, on the basis of which some allegations have been made. Whatever the regulators need to do, they will take appropriate action,” he said, adding that no one gives guarantees in the stock market anywhere in the world. Responding to a question, the minister said that banks and financial institutions are constantly monitoring the situation. “I can assure you that our regulators are very capable of handling the situation,” he added.

Has Gautam Adani diverted the money of his companies from one to another? Know what is round tripping, full detail

Adani group suffered a loss of more than $ 100 billion

The Adani group has lost more than $100 billion in market value since a January 24 report by financial research and trading company Hindenburg Research alleged stock and audit fraud. The group has denied any wrongdoing and threatened to sue Hindenburg. On this criticism of the opposition parties that the Securities and Exchange Board of India (SEBI) is not taking any steps, Goyal said, “The opposition alleges, we do not know what steps they are taking, what information they are collecting. . Only SEBI can talk about this.