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SC to examine on Friday plea seeking probe into Hindenburg report on Adani group

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The Supreme Court on Thursday agreed to examine a plea on Friday seeking a direction to set up a committee monitored by a retired apex court judge to investigate the Hindenburg Research report.

The Adani group has rubbished the allegations made by the Hindenburg Research.

Advocate Vishal Tiwari mentioned the matter for urgent listing before a bench headed by Chief Justice of India D.Y. Chandrachud and comprising Justices P.S. Narasimha and J.B. Pardiwala.

Tiwari contended before the bench that a separate petition has been filed on the issue, which is listed for hearing on February 10, and requested to hear his petition along with that petition.

Tiwari’s plea sought directions to set up a special committee to supervise the sanction policy for loans of over Rs 500 crore given to big companies.

The other PIL filed by advocate M.L. Sharma contended that the US resident Nate Anderson of Hindenburg Research and his Indian entities “hatched a criminal conspiracy, did short sale in hundreds of billion dollars prior and thereafter on 25th January 2023, they released a concocted news as research report qua to the Adani Group of the companies, got crash share market and squared up their short sell position at the lowest rate.”

American short seller Hindenburg Research’s report about Indian billionaire Gautam Adani has led to a stock rout, erasing over $ 100 billion from his empire and pushing him down on the global rich list.

Sharma’s plea further added, “They secured billions of profits by butchering citizens of India. However, SEBI did not suspend trading in the stock specially qua to the Adani group of the companies and allowed short sellers to exploit innocent investors.”

The plea said, “Issue writ of mandamus to the respondents to conduct inquiry to prosecute & register F.I.R. u/s 420 & 120-B of IPC r.w. S.15HA SEBI Act against the short sellers (Mr. Anderson and his associate (in India /USA) for exploiting innocent investors via short selling under the garb of artificial crashing via a short selling couple with further direction to recover their turnover of short selling with penalty to compensate investors in the interest of justice.”

Crime

DRI seizes 2 leopard skins, wild boar horn; two suspects apprehended

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Bhopal, May 6: The Directorate of Revenue Intelligence (DRI) Nagpur unit, under the Mumbai Zonal jurisdiction, successfully apprehended two individuals engaged in illegal trade and possession of leopard skins.

Following the seizure, the confiscated wildlife articles and the detained individuals were handed over to the District Forest Division of Ujjain for further investigation in accordance with the Wild Life (Protection) Act, 1972.

The operation, conducted in Ujjain, Madhya Pradesh, resulted in the seizure of two leopard skins with heads, along with an ivory (wild boar horn), from the suspects.

Acting on specific Intelligence regarding attempts to sell these prohibited wildlife items, the DRI team intervened at a hotel in Ujjain on the morning of May 4 leading to the suspects’ capture.

The seized leopard skins and ivory were confiscated under the Wild Life (Protection) Act, 1972, which strictly prohibits the trade, purchase, or possession of leopard skins or any part of the animal, as leopards are listed under Schedule I of the Act.

The agency is active in various wildlife enforcement actions, including a recent operation in Rajasthan’s Rajsamand district, where it seized two leopard hides and 18 leopard nails, leading to the arrest of five individuals.

In March 2024, another mission in Vizag city resulted in the seizure of a leopard skin and the apprehension of four traffickers.

Additionally, DRI’s Pune unit intercepted a leopard skin in Akola, Maharashtra, leading to the arrest of three persons.

This operation is part of DRI’s ongoing efforts to combat wildlife trafficking.

Earlier in January 2025, the Nagpur unit intercepted three individuals in Maharashtra’s Akola district and recovered one leopard skin.

These successful missions reaffirm DRI’s steadfast commitment to curbing illegal wildlife trade and safeguarding India’s biodiversity.

Employing its Intelligence-based approach and enforcement capabilities, the DRI continues to dismantle trafficking networks and enforce wildlife protection laws in collaboration with other agencies.

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Crime

12 more militants apprehended in Manipur, large cache of arms recovered

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Imphal, May 6: Security forces have arrested 12 more militants, including a woman cadre, of different outfits and recovered a large cache of arms and ammunition in Manipur during the past 24 hours, officials said on Tuesday.

A police spokesman said that of the 12 militants apprehended, 11 belong to the Kangleipak Communist Party (KCP) outfit and one to the People’s Liberation Army (PLA) group.

The militants, including a woman cadre, were arrested from four districts — eight from Imphal East, one from Imphal West, two from Thoubal, and one from Kakching.

A large cache of arms and ammunition, including AK series/A1/M4/self-loading rifles, .303 rifles, pistols, camouflage uniforms, mobile phones, various electronic devices, incriminating documents and various other materials were recovered from the militants.

These extremists were involved in kidnapping, threatening people, various types of crimes, forcible collection of money from government employees, contractors, traders and common people.

The security forces, comprising Central and state forces, arrest militants of different outfits almost every day.

Meanwhile, police, during the past 24 hours, have recovered six more stolen vehicles in a special drive conducted for the recovery of stolen/snatched vehicles from anti-social elements/ miscreants.

Amid the ethnic violence in Manipur, widespread theft of cars and two-wheelers was reported, and 151 stolen cars and 30 two-wheelers have been recovered since April 16 from different places in the state when a special drive for the recovery of stolen/snatched vehicles was launched.

Combined security forces have continued search operations and area domination in the fringe and vulnerable areas of hill and valley districts. Manipur has two National Highways — the Imphal-Jiribam National Highway (NH-37) and the Imphal-Dimapur National Highway (NH-2), both very crucial to bring in foodgrains, various essentials and useful items, medicines, transport fuels, construction materials, machineries, and numerous other commodities from outside the state. To prevent any attack or any untoward incident, the security forces provide escorts to all kinds of vehicles when they move through the National Highways.

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National News

High level meeting begins in Home Ministry regarding mock drill, many officials also present

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New Delhi, May 6: A high level meeting has started in the Home Ministry on the mock drill to be held on May 7. The Home Secretary is holding a meeting with representatives of 244 civil defense districts.

In fact, this is an important meeting regarding the mock drill to be held on May 7, which has been organized in North Block under the chairmanship of Home Secretary Govind Mohan. The presence of Chief Secretaries and senior officials of the states in the meeting makes it clear that this is a national level coordination effort related to security and disaster management.

The objective of this meeting is to ensure preparation and coordination for the mock drill to be held on May 7. Due to this, officials of NDRF, Civil Defense DG, DG Fire and Air Defense as well as representatives of state governments have also participated in it.

Apart from this, the focus is on border and sensitive districts. Representatives of 244 civil defense districts and border areas have specially participated for this meeting. Also, this drill will focus on preparing for emergency scenarios like rockets, missiles and air strikes. Apart from this, discussions are also possible in the meeting on how to make arrangements for sirens and blackouts. This meeting is being considered a big step towards testing and improving the country’s security and disaster handling capabilities.

It is worth mentioning that after the horrific terrorist attack in Pahalgam, Jammu and Kashmir on April 22, the central government has taken a big step regarding security preparations. The Home Ministry has directed many states of the country to organize a comprehensive civil defense mock drill on May 7.

According to government sources, important activities will be carried out under the mock drill. During this, air raid warning sirens will be operated. This is a step related to issuing alerts about major danger and enemy activities.

Citizens and students will be trained in necessary civil defense techniques to keep themselves safe in case of possible attacks. Crash blackout will be arranged. Under this, emergency protocols will be implemented to hide cities and structures from enemy aerial surveillance or attack.

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