Why did Hindenburg, the short-seller behind Adani's $150 billion …
4 days ago · Despite the severity of the allegations, Adani and his companies repeatedly denied all charges. While the initial fallout saw a massive erosion in the group’s market capitalisation, most of the losses were later recovered. In January 2023, Hindenburg’s report on the Adani Group triggered a $150 billion selloff in the group’s shares.
Hindenburg: Short-seller whose report caused Adani stock rout …
4 days ago · Adani has challenged the allegations, which caused share prices of its group companies to plunge. In another case, Hindenburg Research questioned the number of pre-orders that startup electric truck maker Lordstown Motors had reported for its Endurance model, leading to a shakeup in its management.
Why Hindenburg Research, firm behind Adani Group allegations, …
4 days ago · Hindenburg Research Shutting Down News: Hindenburg Research, the US-based short seller that hit the headlines in India in 2023 after making allegations of stock manipulation and accounting fraud against the Adani Group, announced its disbanding on Thursday (January 16). In a statement, founder Nate Anderson said, “The plan has been to wind up after we finished the pipeline of ideas we were ...
A chapter closed? Hindenburg announces shutting down …
4 days ago · Hindenburg Research, on August 10, 2024, released a report accusing the chairperson of Securities and Exchange Board of India (SEBI) who was overseeing the Adani investigation, of having a stake ...
Hindenburg Research: US firm that accused Gautam Adani's …
4 days ago · Last year, Hindenburg Research accused Madhabi Puri Buch - the chief of market regulator Securities and Exchange Board of India (Sebi) - of having links with offshore funds used by the Adani group ...
Hindenburg, Adani, and Buch: The investigations that shook …
4 days ago · While Adani stocks later recovered, the Supreme Court of India said that allegations from firms like Hindenburg could not stand as evidence without proper verification. Still, the report left an indelible mark on Adani’s public image.
Adani Group: How The World’s 3rd Richest Man Is ... - Hindenburg …
Jan 24, 2023 · Today we reveal the findings of our 2-year investigation, presenting evidence that the INR 17.8 trillion (U.S. $218 billion) Indian conglomerate Adani Group has engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades.
India's Adani vs Hindenburg Research: What you need to know
Jan 3, 2024 · An 18-month battle between Hindenburg Research and India's Adani Group has taken a fresh turn with the U.S. based short-seller alleging over the weekend that the chief of the country's market...
Adani vs Hindenburg: India’s top businessman faces biggest test
Jan 31, 2023 · Adani, a 60-year-old college dropout, has been compared to business magnates such as John D. Rockefeller and Cornelius Vanderbilt, who built vast monopoly businesses in the 1800s. Much...
Asia’s richest man considers legal action over short seller’s ... - CNN
Jan 25, 2023 · India’s Adani Group has denounced allegations of fraud made by Hindenburg Research as “baseless” and a “malicious combination of selective misinformation,” and is considering legal action...
- Some results have been removed