Hindenburg 2.0? Adani shares fall despite denial by Adani group of allegations
1 year, 3 months ago

Hindenburg 2.0? Adani shares fall despite denial by Adani group of allegations

Live Mint  

Stock market today: Despite denials by Adani group of fresh allegations labelled by Organised Crime and Corruption Reporting Project, Adani group shares witnessed sell off pressure during early morning deals. All Adani group stocks slipped into the red zone within few minutes of stock market's opening bell today. Adani Power shares lost over 3 per cent during morning deals whereas Adani Transmission share price tumbled to the tune of 3.3 per cent in early morning session. See OCCRP tweet below: Adani group denies these allegations However, Adani group denied this OCCRP report and issued a press statement just ahead of India's stock market's opening bell citing these news reports appear to be yet another concerted bid by Soros-funded interests supported by a section of the foreign media to revive the meritless Hindenburg report.

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History of this topic

Adani Group Shares Rally: Adani Ports Leads Gains As Sensex, Nifty Surge
3 weeks ago

Adani Group Shares Rally: Adani Ports Leads Gains As Sensex, Nifty Surge

ABP News  

Shares of seven Adani Group companies ended higher on Tuesday, with Adani Ports and Special Economic Zone leading the charge with a 6.02 per cent gain, emerging as the top performer among Sensex and Nifty firms. Other Adani Group stocks also witnessed upward movement on the BSE, with Ambuja Cements rising 5.15 per cent, ACC climbing 2.56 per cent, Adani …

Adani CFO refutes US allegations: ‘Individuals accused in bribery case to clarify matter in 10 days’
Trending News
3 weeks, 4 days ago

Adani CFO refutes US allegations: ‘Individuals accused in bribery case to clarify matter in 10 days’

Live Mint  

Adani Group's chief financial officer on Friday, November 29, rejected US allegations that group executives, including Chairman Gautam Adani, were part of a $265 million bribery scheme. Adani CFO refutes bribery charges Singh also sought to allay concerns about the allegations' impact on the group's expansion plans. He said the allegations made in the US against Group chairman Gautam Adani …

Adani Group Faces Global Scrutiny While SEBI Stands Silent: What’s at Stake?
3 weeks, 4 days ago

Adani Group Faces Global Scrutiny While SEBI Stands Silent: What’s at Stake?

The Hindu  

Published : Nov 29, 2024 14:23 IST - 8 MINS READ In a proverbial “when it rains, it pours” moment, the Adani Group is having a rather disastrous close to the year. French oil major TotalEnergies won’t make any more investments in the Adani Group, saying it was not informed of the US bribery charges against Gautam Adani. An ally …

Adani Group’s 2 stocks placed under ASM stage-1 category: Here’s what it means for shareholders
3 weeks, 6 days ago

Adani Group’s 2 stocks placed under ASM stage-1 category: Here’s what it means for shareholders

Live Mint  

Adani Group stocks - Adani Green Energy and Adani Energy Solutions, have been put under the first stage of the short-term additional surveillance measures on the Bombay Stock Exchange and National Stock Exchange after the recent US indictment of Chairman Gautam Adani and his nephew Sagar Adani on alleged bribery and fraud charges. The two Adani Group stocks have been …

Adani Group Stocks Rebound; Shares Surge Amid Bribery Allegations
Top News
3 weeks, 6 days ago

Adani Group Stocks Rebound; Shares Surge Amid Bribery Allegations

ABP News  

Shares of Adani Group companies saw a significant rally during morning trade on Wednesday, recovering from the losses incurred the previous day. Adani Energy Solutions led the surge, soaring 7.71 per cent, followed by gains in other group companies, signaling investor confidence despite ongoing allegations against the conglomerate. Adani Power climbed 5.96 per cent, Adani Total Gas rose 4.70 per …

Adani Group says it lost nearly $55 billion since US indictment: Report
4 weeks ago

Adani Group says it lost nearly $55 billion since US indictment: Report

Hindustan Times  

India's Adani Group conglomerate said Wednesday it had suffered a staggering loss of nearly $55 billion since US corruption charges against top officials, accusations the company denies. The November 20 bombshell indictment in New York accused billionaire industrialist founder Gautam Adani and multiple subordinates of deliberately misleading international investors as part of the bribery scheme. "Since the intimation of the …

Adani Group stocks gain up to 17% after clarification on US bribery charge
4 weeks ago

Adani Group stocks gain up to 17% after clarification on US bribery charge

India Today  

Shares of Adani Group companies, including Adani Green Energy Ltd, Adani Power Ltd, Adani Energy Solutions Ltd, and Adani Enterprises Ltd, saw gains in Wednesday's trade. ADANI GROUP STOCKS GAIN SHARPLY Adani Green Energy shares were trading at Rs 988.40, up 10% as of 11 AM. Adani Total Gas Ltd rose 17.68% to Rs 681.95, Adani Wilmar Ltd increased 9.28% …

Adani Group shares rally after clarification on US bribery charges. Is the worst over?
Trending News
4 weeks ago

Adani Group shares rally after clarification on US bribery charges. Is the worst over?

India Today  

Adani Group shares surged on Wednesday, rallying by up to 20% after a clarification from Adani Green Energy addressed concerns related to US bribery charges. Other group companies, including Adani Green Energy, Adani Energy Solutions, Adani Ports and Special Economic Zone, and Adani Wilmar, saw gains ranging from 8% to 10%. The rally followed a statement from Adani Green Energy …

Gautam Adani ‘bribery’ case: GQG refuses to sell Adani shares; here’s why
Trending News
4 weeks, 1 day ago

Gautam Adani ‘bribery’ case: GQG refuses to sell Adani shares; here’s why

Live Mint  

GQG Partners, one of the biggest foreign institutional investors in Adani Group, decided not to sell its stake in the conglomerate. According to the disclosure, the American investment giant has a total exposure of $9.7 billion to the Adani Group of companies on a total asset base of $158.6 billion, marking up to 6.1 per cent of the company's total …

Adani bonds slide to year low as investors and lenders weigh bribery allegations
4 weeks, 1 day ago

Adani bonds slide to year low as investors and lenders weigh bribery allegations

Live Mint  

Adani dollar bond prices fell on Monday to almost one-year lows, as investors cut their exposure to the Indian conglomerate and some bankers considered pausing fresh lending in the wake of bribery and fraud accusations by U.S. authorities The group's billionaire chairman, Gautam Adani, and seven other people were last week charged with agreeing to pay around $265 million in …

US bribery case against Adani reaches Supreme Court, Sebi in the dock
1 month ago

US bribery case against Adani reaches Supreme Court, Sebi in the dock

India Today  

A fresh application was filed before the Supreme Court on Sunday urging it to take on record the charges of bribery and fraud brought against billionaire Gautam Adani and his seven associates by US authorities. The petition, filed by Vishal Tiwari, alleges shortcomings in the Securities and Exchange Board of India’s investigation into Hindenburg Research's allegations against the Adani Group …

Adani shares rally in India after founder's US charges
Trending News
1 month ago

Adani shares rally in India after founder's US charges

Deccan Chronicle  

Mumbai: Shares in Indian billionaire Gautam Adani's conglomerate rallied Friday to pare the previous day's frenzied sell-off sparked by US charges alleging the tycoon paid more than $250 million in bribes to secure lucrative government contracts. Shares in Adani Enterprises, his conglomerate's main listed unit, rose nearly four percent in morning trade, while its listed ports and power subsidiaries posted …

Adani Group stocks in trouble again! What should investors do now?
1 month ago

Adani Group stocks in trouble again! What should investors do now?

Live Mint  

Adani Group stocks experienced a rollercoaster trading session on November 22, rebounding sharply after falling by around 10% in early trades. U.S. prosecutors indicted Adani Group Chairman Gautam Adani, his nephew Sagar Adani, and others on charges of orchestrating a $265 million bribery and fraud scheme to expand the group’s solar energy business. He noted that heightened scrutiny and unresolved …

Gautam Adani news: Adani shares extend selling for second straight session; lose up to 28% in two days
1 month ago

Gautam Adani news: Adani shares extend selling for second straight session; lose up to 28% in two days

Live Mint  

Gautam Adani news: Following the latest news on Gautam Adani's scrutiny by the US court, Adani Group shares extended the selling spree for the second straight day. Adani Green share price today opened at ₹1,085 apiece on the NSE and touched an intraday low of ₹1,021 apiece, logging around 28 per cent correction in the last two straight sessions. Other …

Adani Group shares trade lower for second consecutive day amid US bribery allegations
1 month ago

Adani Group shares trade lower for second consecutive day amid US bribery allegations

India TV News  

Shares of eight out of ten listed Adani Group companies witnessed a sharp decline during Friday’s morning trade following charges against billionaire Gautam Adani by US prosecutors. Shares of Adani Power tanked 6.38 per cent, Adani Total Gas went lower by 6.11 per cent, Adani Ports declined 5.31 per cent, Adani Wilmar plunged 5.17 per cent to hit the one-year …

Adani Enterprises, Adani Green, Airtel, LTI, JSW, Zinka: Stocks to watch today
1 month ago

Adani Enterprises, Adani Green, Airtel, LTI, JSW, Zinka: Stocks to watch today

India Today  

The domestic markets continued their downward trend, closing lower on Thursday as shares of Adani Group companies saw a sharp sell-off due to bribery allegations against Gautam Adani. ADANI ENTERPRISES, ADANI GREEN Adani Group stocks, including Adani Enterprises and Adani Green, are expected to remain under pressure following Thursday's 20% decline. The unit will cater to the company’s growing renewable …

Adani Group stocks extend slide amid bribery charges. Details here
1 month ago

Adani Group stocks extend slide amid bribery charges. Details here

India Today  

Shares of Adani Group companies continued their steep decline on Friday, following allegations of a multi-million-dollar bribery and fraud case involving Chairman Gautam Adani and seven others. Adani Energy Solutions was down 8.48% at Rs 640.50 on the Bombay Stock Exchange, while Adani Green Energy fell 7.51% to Rs 1,060.35. Shares of other Adani Group companies, including its flagship Adani …

Gautam Adani ‘bribery’ case: How the troubles began since Hindenburg allegations — a timeline
1 month ago

Gautam Adani ‘bribery’ case: How the troubles began since Hindenburg allegations — a timeline

Live Mint  

The Securities and Exchange Commission charged Adani Group Chairman Gautam Adani and his nephew Sagar Adani, among others, on November 20 over their alleged involvement in a multi-billion-dollar bribery and fraud scheme. September 2024: Hindenburg's third take on the Adani Group came through a social media post on platform X, citing Swiss authorities freezing $310 million of the Adani Group's …

Déjà vu moment for Adani Group after Hindenburg allegations
1 month ago

Déjà vu moment for Adani Group after Hindenburg allegations

Deccan Chronicle  

CHENNAI: The indictment by the Securities Exchange Commission and the group’s loss in market capitalisation is a moment of déjà vu for Adani Group after the Hindenburg reports of 2023. In its January 2023 report, Hindenburg Research accused the Adani Group of engaging in extensive accounting fraud, stock price manipulation, and exploiting tax havens. Hindenburg in August this year further …

Adani Group: U.S. Department of Justice allegations baseless
1 month ago

Adani Group: U.S. Department of Justice allegations baseless

The Hindu  

Hours after a statement from the New York Eastern District court indicted Gautam Adani and the other board of directors of Adani group of companies of criminal and civil irregularities, the Adani group denied the allegations against Adani Green calling them baseless. The apples to airport conglomerate said that they were innocent until proven guilty, referring to a line in …

Adani stocks tumble after US indictment, combined mcap dips by Rs 2.45 lakh crore
1 month ago

Adani stocks tumble after US indictment, combined mcap dips by Rs 2.45 lakh crore

Firstpost  

The combined market capitalisation of all the ten listed Adani group firms eroded by Rs 2,45,016.51 crore during Thursday morning deals after Gautam Adani has been charged by US prosecutors over his role in an alleged years-long scheme to pay $250 million bribe to Indian officials in exchange for favourable terms for solar power contracts Adani group stocks faced heavy …

Shares in India’s Adani Group plunge 20% after US bribery, fraud indictments
1 month ago

Shares in India’s Adani Group plunge 20% after US bribery, fraud indictments

Associated Press  

NEW DELHI — One of Asia’s richest men, Indian tycoon Gautam Adani, is again in the spotlight. India’s main opposition also demanded a parliamentary committee probe into Adani Group dealings, which Jairam Ramesh, a leader of the Congress Party, said are causing “growing monopolization in key sectors of the Indian economy, fueling inflation, and posing huge foreign policy challenges as …

Allegations and scandals against the Adani Group: A timeline
1 month ago

Allegations and scandals against the Adani Group: A timeline

The Hindu  

With a U.S. court indicting Gautam Adani and seven others on charges of securities and wire fraud, Adani’s stocks nosedived as possible arrest of one of India’s richest businessmen looms large. Adani Green Energy Ltd withdrew its proposed $600 million U.S. dollar denominated bond offering after the Easter New York district court charged the apples to airports conglomerate of bribery …

Adani Group Responds To Bribery Charges, Cancels $600 Million Bond Offering
1 month ago

Adani Group Responds To Bribery Charges, Cancels $600 Million Bond Offering

ABP News  

Adani Green said on Thursday that they cancelled its $600 million bond offering following accusations by US prosecutors that Gautam Adani and other executives orchestrated a $250 million bribery scheme. Responding to the accusations, Adani Green released a statement on Thursday, which states, "The United States Department of Justice and the United States Securities and Exchange Commission have issued a …

Adani Group Shares Crash 20 Per Cent Amid US SEC Bribery And Fraud Allegations
1 month ago

Adani Group Shares Crash 20 Per Cent Amid US SEC Bribery And Fraud Allegations

ABP News  

Adani Group share price: Adani Group stocks saw losses on Thursday after US federal prosecutors filed bribery charges against the conglomerate's founder, Gautam Adani. Shares of major group firms, including Adani Enterprises, Adani Green Energy, and Adani Energy Solutions, witnessed declines of 10-20 per cent in early trade on Thursday. Adani Green Energy shares plunged 17 per cent to Rs …

Adani indicted | Opposition seeks probe into US charges: ‘Vindicates Congress’s demand’
1 month ago

Adani indicted | Opposition seeks probe into US charges: ‘Vindicates Congress’s demand’

Hindustan Times  

As billionaire Gautam Adani faces charges in the US for alleged bribery and fraud, the Opposition on Thursday intensified its attack on the Centre over its alleged links with the Adani Group. Indian billionaire Gautam Adani speaks Gautam Adani has been charged in the US with allegedly paying $250 million in bribes to Indian officials between 2020 and 2024 to …

India’s Adani Group sees $22 billion in value wiped off after US indictments
1 month ago

India’s Adani Group sees $22 billion in value wiped off after US indictments

Live Mint  

-Shares of Adani Group companies lost about $22 billion in market value in early trade on Thursday after U.S. prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme. Gautam Adani's flagship company Adani Enterprises fell 10%, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC, …

Adani Group stocks go into a tailspin, crash up to 20% after US indicts Chairman and 7 others on bribery charges
Top News
1 month ago

Adani Group stocks go into a tailspin, crash up to 20% after US indicts Chairman and 7 others on bribery charges

Live Mint  

Adani Group Stocks: Several Adani Group shares, including those of the flagship firm Adani Enterprises, suffered massive losses and hit their lower circuits in early trade on Thursday, November 21. "A five-count criminal indictment was unsealed today in federal court in Brooklyn charging Gautam S. Adani, Sagar R. Adani and Vneet S. Jaain, executives of an Indian renewable-energy company, with …

Adani Group stocks nosedive after US indictment over alleged bribery, investor fraud
1 month ago

Adani Group stocks nosedive after US indictment over alleged bribery, investor fraud

New Indian Express  

The allegations also include bids to obstruct justice by deleting electronic evidence and misleading the Justice Department, the Securities and Exchange Commission, and the FBI. Its key lenders include State Bank of India, ICICI Bank, Axis Bank, Yes Bank, IndusInd Bank, IDFC First Bank, Bank of India, RBL Bank, Central Bank of India, Union Bank of India, IDBI Bank and …

Adani Group issues statement on bribery charges, abandons $600 million bond deal
1 month ago

Adani Group issues statement on bribery charges, abandons $600 million bond deal

India Today  

The Adani Group has cancelled its USD 600 million bond offering after US prosecutors accused Gautam Adani and other executives of orchestrating a USD 250 million bribery scheme. The indictment adds to the group’s challenges following a tumultuous period since 2023, when the Hindenburg Research report accused Adani of stock manipulation and fraud, erasing $150 billion in market value. ADANI …

Adani Group shares in free fall today. What should investors do?
1 month ago

Adani Group shares in free fall today. What should investors do?

India Today  

Adani Enterprises Ltd experienced a dramatic share price collapse on Thursday, with stocks plunging as much as 23% to a day-low of Rs 2,171.60. The steep decline comes in the wake of bribery allegations against Group Chair Gautam Adani, creating market turbulence and raising critical questions for investors. Global ratings agency Moody's said the development is "credit negative" for Adani …

Adani Group stocks see worst day since Hindenburg crisis, lose Rs 2 lakh crore
1 month ago

Adani Group stocks see worst day since Hindenburg crisis, lose Rs 2 lakh crore

India Today  

Shares of Adani Group saw a massive fall on Thursday, with several stocks hitting their daily lower circuit limits. Investors in Adani Group’s 10 listed companies lost over Rs 2.60 lakh crore in market value during early trade. WORST MARKET DAY SINCE HINDENBURG REPORT The allegations caused panic selling across Adani Group stocks, marking their worst trading day since the …

India's Adani Group unit raises 19.5 billion rupees via bond issue, say bankers
2 months, 3 weeks ago

India's Adani Group unit raises 19.5 billion rupees via bond issue, say bankers

The Hindu  

India’s Adani Airport Holdings has raised ₹19.5 billion via the biggest domestic bond issue since U.S. short-seller Hindenburg Research accused its parent group of improper use of offshore tax havens and stock manipulation. The Adani Group company, which manages and develops airport infrastructure assets in the country, had invited bids from investors earlier in the day and will pay a …

Hindenburg Report: Adani Group Denies Allegations, Watch Big Updates Of The Hour Only On ABP News
3 months, 1 week ago

Hindenburg Report: Adani Group Denies Allegations, Watch Big Updates Of The Hour Only On ABP News

ABP News  

In a significant development related to the ongoing scrutiny of the Adani Group following the Hindenburg Research report, Swiss authorities have taken a major step by freezing over $310 million in funds connected to the conglomerate. This action comes amidst an extensive investigation into the financial activities of the Adani Group, which has been under the spotlight since Hindenburg's allegations …

Adani Group Denies Hindenburg Allegations, Claims All Accusations are False | ABP News
3 months, 1 week ago

Adani Group Denies Hindenburg Allegations, Claims All Accusations are False | ABP News

ABP News  

In a significant development related to the ongoing scrutiny of the Adani Group following the Hindenburg Research report, Swiss authorities have taken a major step by freezing over $310 million in funds connected to the conglomerate. This action comes amidst an extensive investigation into the financial activities of the Adani Group, which has been under the spotlight since Hindenburg's allegations …

'No Swiss court proceedings, no account frozen': Adani Group rejects another claim made by US-based short seller Hindenburg
3 months, 1 week ago

'No Swiss court proceedings, no account frozen': Adani Group rejects another claim made by US-based short seller Hindenburg

Op India  

On Thursday, US-based short seller Hindenburg Research claimed that Swiss authorities had frozen more than USD 310 million in funds across several Swiss bank accounts over money laundering allegations against Adani Group. Taking to X, Hindenberg Research claimed: “Swiss authorities have frozen more than $310 million in funds across multiple Swiss bank accounts as part of a money laundering and …

Adani Group shares drop after Hindenburg's fresh allegations
3 months, 1 week ago

Adani Group shares drop after Hindenburg's fresh allegations

India Today  

The stock market has its ups and downs, and this time, it’s the Adani Group under the spotlight again. Adani Group shares fell by up to 2% in early trading on Friday after Hindenburg Research claimed that Swiss authorities had frozen over $310 million across several Swiss bank accounts. The short-seller claimed that an investigation dating back to 2021 has …

Adani Group stocks plunge up to 17% following Hindenburg's latest claims
4 months, 1 week ago

Adani Group stocks plunge up to 17% following Hindenburg's latest claims

India Today  

Shares of the Adani group dropped by up to 17% in early trading on Monday, following fresh allegations from the US-based short seller firm Hindenburg Research. US-based short seller firm Hindenburg Research on Saturday claimed that whistleblower documents show Securities and Exchange Board of India Chairperson Madhabi Puri Buch had a stake in the obscure offshore entities used in the …

Adani Group rocked by Hindenburg allegations against SEBI
4 months, 1 week ago

Adani Group rocked by Hindenburg allegations against SEBI

Al Jazeera  

Adani Group’s stock value plunged by nearly $150bn after Hindenburg Research’s first report in January 2023. Adani Group, the Indian conglomerate rocked by a Hindenburg Research report last year, has faced another heavy share selloff after the short seller accused the head of India’s market regulator of having links to offshore funds also used by the group. Buch said the …

360 One Wam refutes claims made by Hindenburg in fresh attack on Adani group
4 months, 1 week ago

360 One Wam refutes claims made by Hindenburg in fresh attack on Adani group

Op India  

In a stock exchange filing on Sunday, 360 One Wam Limited, formerly known as IIFL Wealth Management Limited, said its IPE-Plus Fund 1 had made zero investments in any shares of the Adani Group — either directly or indirectly. “Throughout the fund’s tenure, IPE-Plus Fund 1 made zero investments in any shares of the Adani Group either directly or indirectly …

Adani Group's first reaction to new Hindenburg attack: ‘Malicious, mischievous’
4 months, 2 weeks ago

Adani Group's first reaction to new Hindenburg attack: ‘Malicious, mischievous’

Hindustan Times  

The Adani Group on Sunday slammed American short-seller Hindenburg for claiming that the conglomerate had financial links with Sebi chairperson Madhabi Buch and her husband, saying the allegations were malicious, mischievous and manipulative. "For a discredited short-seller under the scanner for several violations of Indian securities laws, Hindenburg's allegations are no more than red herrings thrown by a desperate entity …

Adani Group's first reaction to new Hindenburg attack: ‘Malicious, mischievous’
4 months, 2 weeks ago

Adani Group's first reaction to new Hindenburg attack: ‘Malicious, mischievous’

Hindustan Times  

The Adani Group on Sunday slammed American short-seller Hindenburg for claiming that the conglomerate had financial links with Sebi chairperson Madhabi Buch and her husband, saying the allegations were malicious, mischievous and manipulative. "For a discredited short-seller under the scanner for several violations of Indian securities laws, Hindenburg's allegations are no more than red herrings thrown by a desperate entity …

Explained: What is Hindenburg, the firm which levelled allegations against Adani, Sebi chief?
4 months, 2 weeks ago

Explained: What is Hindenburg, the firm which levelled allegations against Adani, Sebi chief?

Hindustan Times  

Hindenburg Research on Saturday released a report that alleged the Securities and Exchange Board of India did not act on claims it made in its 2023 report against the Adani Group because the market regulator's chief, Madhabi Puri Buch, had investments in offshore firms linked to the conglomerate. Hindenburg Research in a new report released on Saturday alleged that SEBI …

Hindenburg vs Adani: US firm's serious charge against Sebi chief; Congress says end ‘conflict of interest’ | 10 points
4 months, 2 weeks ago

Hindenburg vs Adani: US firm's serious charge against Sebi chief; Congress says end ‘conflict of interest’ | 10 points

Hindustan Times  

US short-seller Hindenburg Research – which had wiped out much of Adani Group's net worth with its allegations of financial irregularities last year – on Saturday claimed in a blog that market regulator Sebi's chairperson Madhabi Puri Buch and her husband Dhaval Buch had stakes in “obscure offshore funds” used in the Adani scandal. The American firm accused the market …

Hindenburg report: Cong urges Centre to remove ‘all conflict of interest’ in Adani probe
4 months, 2 weeks ago

Hindenburg report: Cong urges Centre to remove ‘all conflict of interest’ in Adani probe

Hindustan Times  

The Congress on Saturday reacted to the new report by Hindenburg Research, which alleged Securities and Exchange Board of India chief Madhabi Buch and her husband owned stakes in offshore entities linked to the Adani Group's alleged financial misconduct. In a statement, Congress general secretary Jairam Ramesh said that SEBI's “strange reluctance” to investigate the “Adani MegaScam” has been noted …

New Hindenburg report: SEBI chief Madhabi Buch, husband owned stakes in offshore entities linked to Adani Group
4 months, 2 weeks ago

New Hindenburg report: SEBI chief Madhabi Buch, husband owned stakes in offshore entities linked to Adani Group

Hindustan Times  

Citing whistleblower documents, a new report by Hindenburg Research said Madhabi Buch, chairperson of market regulator Securities and Exchange Board of India, and her husband owned stakes in offshore entities linked to the Adani Group's alleged financial misconduct. Hindenburg Research in a new report released on Saturday alleged that SEBI chief Madhabi Puri Buch held investments in certain offshore funds …

‘Something big soon India’: After Adani Group, Hindenburg Research hints at new report
4 months, 2 weeks ago

‘Something big soon India’: After Adani Group, Hindenburg Research hints at new report

Hindustan Times  

US-based investment research firm “Hindenburg Research” on Saturday shared a cryptic post hinting at another major India-focused report. In an X post on Friday, the firm worte, “Something big soon India.” In 2023, following the allegations against the Adani Group, shares of various Adani companies plummeted, with reported losses exceeding USD 100 billion. These accusations, detailed in the report by …

‘Hit job on Adani was Chinese vengeance’: BJP leader's claim over Hindenburg row
5 months ago

‘Hit job on Adani was Chinese vengeance’: BJP leader's claim over Hindenburg row

Hindustan Times  

Senior lawyer and Bharatiya Janata Party leader Mahesh Jethmalani has alleged that the Hindenburg Research report against billionaire Gautam Adani's conglomerate was a “hit job” by China, seeking “vengeance” for losing out on contracts for developmental projects. “Now that there's an established Chinese hand behind the Hindenburg hatchet job on the Adani group it behoves the GOI to probe the …

Hindenburg shared Adani report with client two months before publishing it: Sebi
5 months, 2 weeks ago

Hindenburg shared Adani report with client two months before publishing it: Sebi

India TV News  

US short-seller Hindenburg Research had shared an advance copy of its damning report against Adani group with New York-based hedge fund manager Mark Kingdon about two months before publishing it and profited from a deal to share spoils from share price movement, according to market regulator Sebi. The Securities and Exchange Board of India, in its 46-page show cause notice …

Hindenburg wonders why SEBI did not name Kotak in show cause notice
5 months, 3 weeks ago

Hindenburg wonders why SEBI did not name Kotak in show cause notice

The Hindu  

Kotak Mahindra bank and its brokerage firm created and oversaw an offshore fund used by an unnamed investor to profit from a plunge in Adani shares that followed a damning Hindenburg report, the US short seller said on July 2, 2024. Hindenburg Research, which had in a January 2023 report alleged stock market manipulations and accounting fraud at the Adani …

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