"hindenburg-research"

Since January 2023, Adani Group completed 33 acquisitions worth Rs 80,000 crore across ports, cement, and power, signaling recovery after Hindenburg allegations. Strategic expansion, debt reduction, and steady execution have restored investor confidence and enabled further growth across sectors

In January 2023, Hindenburg published a scathing report describing the Adani Group as “the largest con in corporate history”. The fallout was swift: stock prices plummeted, wiping out over $150 billion in market value, and the group’s biggest public offering was abruptly scrapped

Activist-seller Nathan Anderson, known for his high-profile campaigns against the likes of Adani Group, said he is closing his firm, Hindenburg Research, not because of any threat

Congress general secretary in-charge communications Jairam Ramesh said, "The closure of Hindenburg Research does not, in any way, mean a clean chit for Modani. The Hindenburg report of January 2023 proved serious enough to compel the Supreme Court of India to set up an Expert Committee to probe the allegation made in it against the Adani Group whose prime patron is none other than the present Prime Minister of India"

The scuffle between Hindenburg and Adani Group started when the US investment research company released a report titled ‘Adani group: How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History’ on January 25, 2023

Shares of Adani Power surges 9.21%, Adani Green Energy soars 8.86%, Adani Enterprises rose 7.72% while Adani Total Gas jumps 7.10 per cent on the BSE in early trade on January 16

Short-seller Nate Anderson had gained popularity in January 2023 when he published a research report on Indian billionaire Gautam Adani accusing him of ‘pulling the largest con in corporate history'

Adani Group rejects allegations as baseless, says it has no involvement in any Swiss court proceedings

When we assess Sebi’s leadership, we must question why government appoints individuals whose impartiality is in doubt

When the market regulator itself is under a cloud, all stakeholders, including the government, need to act urgently

On the BSE, Adani Energy Solutions fell 17%, Adani Total Gas dropped 13.39%, NDTV plunged 11%, and Adani Power declined 10.94%. Other notable declines included Adani Green Energy at 6.96%, Adani Wilmar at 6.49%, Adani Enterprises at 5.43%, Adani Ports at 4.95%, Ambuja Cements at 2.53%, and ACC at 2.42%.

It went on to cite the Supreme Court order where it was recorded that Sebi had "drawn a blank" in its investigations into who funded Adani's offshore shareholders.

Charges Hindenburg of making 'unfair' profits from 'collusion' to use 'non-public' and 'misleading' information and induce "panic selling" in Adani Group stocks

Says notice an attempt to silence and intimidate those who expose corruption and fraud perpetrated by the most powerful individuals in India

Drew salary from only two out of the 10 companies in his ports-to-energy conglomerate, show annual reports of group's 10 listed entities

The duo was closeted in a private meeting for nearly two hours, though what transpired is not known, sparking huge speculation in political and business circles.

Investing EPFO money in Adani shares could have disastrous consequences for millions of people in the country, said INTUC national secretary Janak Prasad

The report says a criminal investigation against Adani Enterprises Limited and others registered in New Delhi by the CBI has been pending for three years.

BRS members staged protests along with the Opposition members demanding for a Joint Parliamentary Committee (JPC) probe into the Hindenburg-Adani issue.

The BRS moved a suspension motion in both Rajya Sabha and Lok Sabha to discuss the misuse of Central agencies like CBI and ED by the Union government.