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.”
This time there will also be a Women’s IPL like the Men’s IPL. BCCI earned Rs 4669 crores from the auction of the teams which is a huge amount. In this auction Mumbai Indians Delhi Capital and Royal Challengers Bangalore bought the team. Whose value is 912.99cr, 810cr, 901 crore respectively.
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.