New Delhi:
The Forensic Financial Firm, which challenged the Hindanberg Research, the Adani Group, took its name from the notorious airplane burst into flames when he arrived in New Jersey in 1937. And for its harmful reports against the counter, the counter was termed as ‘Operation Zepelin’, which was named after the German Diringable Aership, which was used for the First World War.
In January 2023, Hindenberg published a horror report against the Adani Group, one of the largest groups in India.
The fall was swift: stock prices fell, and the group’s largest public offer was suddenly removed. The group, however, staged a sharp return, deployed a mixture of public relations, legal maneuvers and strategic strategy, which to combat the decline and restore investor’s trust.
The Hindenburg report was demolished just a week before Gautam Adani was in Gautam Adani Israel to finalize a $ 1.2 billion deal to acquire the Haifa port.
Privatization of Haifa Port was Israeli’s largest and most ambitious infrastructure and financial undertaking of the 2020s. Initially, 18 international dialects expressed interest, but only five were approved to submit the final proposal.
Winner bid – After passing the stringent safety vet of Israel – came from a joint venture between Chemical Limited and Adani Ports and Gadot Masofim for Special Economic Zone Limited, with the Indian firm holding majority stake.
Boli, evaluation and approval took 18 long months – and Israeli Prime Minister Benjamin Netanyahu was present in the signature on 31 January 2023.
As the report of Hindenberg made global headlines, a private conversation appeared in a modest room in Haifa Port.
According to sources, a top Israeli leader questioned Adani about the allegations, to which the Indian billionaire strongly responded that he was “complete lies”. Eshel Armoni-The outgoing chairman of the port and a former high-ranked Mossad Officer-was believed to be present during the exchange.
Within the Israeli establishment, some people saw Hifabarg report as a deliberate attempt to weaken the Haifa Port Deal, which Tel Aviv considered strategically important for the middle-east-European economic corridor of India-a counterweight for increasing Chinese effects in the region.
Back home, Adani worked overtime to staging a strong return by trimming the loan through prepaments and borrowing payments, cut back to the founder’s pledge shares, brought into both promoters and marques investors in equity, and attracted attention to the group’s main businesses.
Sources said that parallel, an inquiry was launched to highlight the internal functioning of Operation Zepelin – Hindenberg Research and expose it to support it, the sources said.
The New York office of Hindenburg Research and its founder, Nathan ‘Nat’ Anderson, a certified chartered financial analyst, was seen, he said.
Former intelligence internal sources soon started adding dots as they stumbled on a complex web of activists, journalists, hedge funds and political figures – some allegedly associated with Chinese interests, other Washington Power Brokers.
Sources said that detectives infiltrated the suburban neighborhood of Oakbruk Terrace, a small town of Illinois outside Chicago, on which the encrypted communication between the optional asset management firms and activists and activists located in India, America, Europe, Canada and Australia.
Sources said that during his personal visit to Switzerland in January 2024, Adani was informed about secret operations.
Adani did not react with noise – he responded with a strategy. A team of lawyers and intelligence advisors was gathered to work with people during monitoring in the US. Impressive data in administration was informed on this issue.
In Ahmedabad, he established a high -tech control room with cyber experts and analysts. His legal teams worked in international capitals.
By October 2024, Zepelin Dosier reached 353 pages on the allied network against Adani. After that year, leaked documents allegedly showed relations between American agencies and media platforms that were advancing anti -Adani stories, they said.
At the end of November that year, the US Department of Justice and the Securities and Exchange Commission accused the Adani Group chief officials to be part of an alleged bribery scheme to secure renewable power supply contracts in India. The Adani Group denied all the allegations.
In addition, the Adani Group prepared legal proceedings against Hindonburg Research and Nathan Anderson in New York in Southern District. The draft of a seven-page prepared by a white shoe law firm was sent to the office of Anderson, a legal abbreviation.
Sources said a meeting was proposed between Adani’s legal intermediaries and Hindonberg officials, but it was not clear that a meeting was held at the Textile Building at 295 Fifth Avenue in Manhattan.
On January 15, 2025, a week’s shy of the second anniversary of its report on the Adani Group, Hindonberg Research announced to formally shut down its operation.
Operation Zepelin’s entire Sargam-modern-day counterofented which can not even be known, but it will not even be known, but it will definitely be considered the boldback return strategy in the corporate world.
(Except for the headline, the story has not been edited by NDTV employees and is published by a syndicated feed.)
(Disclaimer: New Delhi Television AMG Media Networks Limited is a subsidiary of a Adani group company.)
