Why did Hindenburg, the short-seller behind Adani's $150 billion …
20 hours 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.
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.
A chapter closed? Hindenburg announces shutting down …
16 hours 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: Short-seller whose report caused Adani stock rout …
19 hours 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, …
15 hours 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 ...
Hindenburg Research: US firm that accused Gautam Adani's …
17 hours 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 ...
Why did Hindenburg Research, short-seller behind Adani Group …
17 hours ago · Also Read | Adani Group stocks rally up to 9% after Hindenburg Research announces shut down Anderson revealed in his letter that the shut down had been planned for several months, with the team ...
Why Hindenburg Research, Short-Seller Behind Adani's $150 …
20 hours ago · US-based short-seller Hindenburg Research announced its closure, with founder Nate Anderson citing personal growth and fulfillment as key reasons. Renowned for exposing frauds and corruption, Hindenburg's January 2023 report on the Adani Group caused a $150 billion stock rout, though Adani later recovered, and the Supreme Court cleared the group. , Companies News - Times Now
Hindenburg Research Shuts Down: All You Need to Know
9 hours ago · US-based Hindenburg Research, known for its controversial short-selling practices, is shutting down operations. The closure has raised questions about the firm’s practices, its impact on markets, and the possible reasons behind this sudden move. In January 2023, Hindenburg Research released a report against Adani Group, wiping more than $100 billion in value of the Indian conglomerate.
Hindenburg founder to shut down firm behind Adani, Nikola …
21 hours ago · The announcement for shutting down Hindenburg Research comes days after US Republican member of Congress Lance Gooden wrote a letter to Merrick B Garland, Attorney General US Department of Justice (DOJ) seeking clarification on why the department was pursuing a case against the Adani group which was based out of India.