Why is the Media Silent on Gautam Adani?
Tag: Gautam Adani
Hindenburg Research is a short-selling research firm that specializes in investigating and publishing reports on publicly traded companies that it believes to be overvalued or engaging in fraudulent activities.
After the company’s stock price crashed 28% , billionaire Gautam Adani Enterprises called off its Rs. 20,000 crore follow – on public offer (FPO) and said money will be returned to investors. The decision to not proceed with the FPO despite full subscription was taken at a meeting of the board of directors of the company today.
The downslide of the Adani group’s shares, media targeting the Adani group and Gautam Adani, Congress leader Rahul Gandhi already targeting Gautam Adani for so many years, and now every opposition trying to convert it into a political matter, Indian economy revolving around the Gautam Adani which is already in a bad shape, Indian stock market on the way to crashing down and much more.
A report by Hindenburg Research, a short seller, grabbed headlines on Wednesday and sent shares of Adani group tumbling. A short seller is one who sells a stock without owning it at the time of trade . a short seller sells a borrowed stock in hopes of making money by buying it back at a cheaper price later.
Are the Hindenburg allegations a scam? On 23rd January 2023, Hindenburg came out with a report titled, how the Adani Group the world’s third richest man is pulling the largest con in corporate history. The report that was put forward, came after a series of investigations in primary and secondary levels along with the help of certain articles and based on researches to ensure that it is legitimate.
On January 24th, 2023, an American research company, Hindenburg published a report on Gautam Adani and The Adani group titled “Adani group: How the world’s
The Adani group stocks continued to remain under pressure on Friday, falling up to 20 percent in morning trade, after the US-grounded investment exploration establishment Hindenburg Research made dangerous allegations.