'Hindenburg's Adani report seems targeted,' says Sharad Pawar; Congress responds

Nationalist Congress Party (NCP) president Sharad Pawar had a contrarian take on Adani-Hindenburg row when compared with rest of the Opposition. 

In an interview to NDTV, Pawar came out in support of the Adani Group and criticised the narrative around the Hindenburg Research's report on the conglomerate.

"An individual industrial group of the country was targeted, that is what it seems. If they have done anything wrong, there should be an inquiry," the senior Opposition leader said.

Adani Group's seven listed stocks have lost about $120 billion in market value since a January 24 report by Hindenburg Research accused it of improper use of offshore tax havens and stock manipulation, allegations the conglomerate has denied.

Asked about Pawar's remarks, Congress general secretary Jairam Ramesh said the NCP may have its view but 19 like-minded Opposition parties are convinced that the ''PM-linked Adani Group'' issue is real and very serious.

''But all 20 like-minded Opposition parties including NCP are united and will be together in saving the Constitution & our democracy from the BJP's assaults and in defeating the BJP's divisive and destructive political, social and economic agenda,'' Ramesh said.