Lok Sabha proceeding was adjourned till 2 pm on Thursday amid noisy scenes in the House as opposition members raised slogans demanding a discussion on the report of US-based short-seller Hindenburg Research on the Adani Group.

Members of almost all opposition parties rushed to the Well of the House raising slogans on the tanking of Adani Group scrips on the stock exchange and sought a probe into the business practices of the corporate giant.

Earlier, Speaker Om Birla welcomed a Parliamentary delegation from Zambia and started Question Hour.

Objecting to the noisy scenes, he asked the members not to make unsubstantiated claims and said Question Hour was an important part of Parliamentary proceedings which should not be disrupted.

As the slogan shouting continued, the Speaker adjourned House proceedings till 2 pm.

Upping the ante, the Congress and other opposition parties on Thursday demanded a Joint Parliament Committee or a Supreme Court-monitored probe into the Adani Group crisis.

"Keeping public interest in mind, we want a thorough probe into the Adani issue either by a Joint Parliamentary Committee (JPC) or a Supreme Court-monitored Committee. There should also be day-to-day reporting of the investigation on the issue," Kharge told reporters.

Ahead of Parliament proceedings, leaders of several opposition parties met to evolve a joint strategy to take on the Central government during the Budget Session and decided to seek a discussion on the Adani Group issue.

Leaders of like-minded parties met in the chamber of the Leader of Opposition in the Rajya Sabha, Mallikarjun Kharge. Leaders of the Congress, DMK, TMC, SP, JD(U), Shiv Sena, CPI(M), CPI, NCP, IUML, NC, AAP and the Kerala Congress were present at the meeting.

Kharge said the like-minded parties would have better coordination during the session to unitedly raise issues of public importance.

The opposition parties are seeking to raise the Adani issue, Chinese transgressions at the border and role of Governors in states, and demand a discussion.

Adani Group stocks have taken a beating on the bourses after Hindenburg Research made a litany of allegations in its report, including fraudulent transactions and share price manipulation at the Gautam Adani-led group.

The Adani Group has dismissed the charges as lies, saying it complies with all laws and disclosure requirements. It termed the Hindenburg report baseless and threatened to sue the short seller.

On Wednesday night, Adani Enterprises announced that it has decided not to go ahead with its Rs 20,000-crore follow-on Public Offer (FPO) and will return the proceeds to investors.

The first part of the Budget Session will take up the discussion on Motion of Thanks to the President's address, and then on the Union Budget 2023-24 which was presented by Finance Minister Nirmala Sitharaman on Wednesday.

Meanwhile, several opposition leaders have given adjournment notices in both Houses to raise the Adani Group issue in the wake of the Hindenburg report.

While Kharge has given the notice in Rajya Sabha, Congress whip in Lok Sabha Manickam Tagore has given the adjournment notice in Lok Sabha to discuss the Adani issue. AAP member Sanjay Singh and BRS MP K Keshava Rao have given the adjournment notices in the Rajya Sabha, demanding an immediate discussion on the matter.

Seeking suspension of business notice under Rule 267 for Thursday, Kharge said, "That this House do suspend Zero Hour and relevant rules relating to Question Hour and other businesses of the day to discuss the issue of investment by LIC, public sector banks and financial institutions in companies losing market value, endangering the hard-earned savings of crores of Indians."

Giving a notice under Rule 267 (suspension of business) to discuss the Hindenburg report against the Adani Enterprises, Rao said the report exposes the dangers to which the Indian people and economy are subjected to and merit immediate discussion, adjourning the other business.