In its fight against Hindenburg’s allegations of corruption, money laundering and taxpayer theft, Gautam Adani led Adani Group has hired … Read more
India’s Adani Group is considering independent evaluation of issues relating to legal compliance, related party transactions and internal controls following … Read more
The Nifty50 stock Adani Enterprises has been removed from the Dow Jones Sustainability Indices as a result of allegations of … Read more
Post Hindenburg Research report, Gautam Adani, the Indian billionaire industrialist withdraw Adani Enterprises FPO after a huge sell off in … Read more
The rationale behind Hindenburg Research’s decision to short solely Adani stocks recorded outside of India
According to Bloomberg, a trader who sold $1 million worth of Adani Enterprises stakes at the market’s opening on February … Read more
Gautam Adani had the appearance of having weathered the greatest broadside yet to his thriving empire. He was heading into a vacation in India as the fourth-richest person in the world and had dismissed a brief list as being “stale” and “baseless.”
The report which accused Adani group of stock manipulation, not only just brings misery for India’s business tycoon but also for all those people who are either fully dependent on the stock market for wealth or test their fortune in the dalal street.
If you’ve invested in a business connected to the Adani group, you’re probably keeping a close eye on the stock market. The market capitalization of the group lost close to Rs 4 lakh crore as a result of the share price collapse that has affected nine of its listed firms in a row.
The Adani Group’s ravenous thirst for debt has been exploited by international investment banks. Currently, their client is charged with committing “the biggest fraud in business history.”
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 … Read more