Assam: Congress Workers Arrested For Staging Protest Against Adani Group
More than 200 Congress workers has been arrested by the police in Guwahati for carrying out protest in front of the Life Insurance Corporation (LIC) office.
GUWAHATI: Adani Group is currently in the limelight because of several allegations put against them in connection with financial irregularities and market manipulation. More than 200 Congress workers has been arrested by the police in Guwahati for carrying out protest in front of the Life Insurance Corporation (LIC) office.
On Monday, the Congress have resorted to a nationwide protest in front of the SBI and LIC offices. Congress supporters initiated sit in protest outside State Bank of India (SBI) main branch located in Dibrugarh.
The prime motive behind the protest revolved around demand for an investigation and probe under the supervision of Supreme Court into the Hindenburg report against Adani Group. Jakir Hussain Sikdar, the president of Assam Pradesh Congress Committee (APCC) criticised the NDA administration and claim that Adani has purposely fooled and looted hard earn money of common people.
However, the Modi government has not acted for or against on the matter yet until now. Sikdar further demanded formation of a team to initiate investigation if the Hindenburg's report is falsely. Adani Enterprises will also be extracted out from the Dow Jones Sustainability Indices.
This particular decision has been made by the company based on the allegations put against Adani Group under stock manipulation and fraudulent activities. This has been announced by the S&P Dow Jones Indices. This particular step of removing the Adani Enterprises from the index will essentially have the effect of making its shares less appealing to environment-conscious investors.
The announcement arrived after the market rout of Adani stocks got more intense on 3rd February, Friday. Adani's stock lowered down 15 per cent on the announcement.