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 of financial irregularities and stock manipulation. The investigation has raised serious questions about the integrity of the Adani Group's financial operations and has drawn significant attention from regulatory bodies worldwide. This development adds to the pressure on the Adani Group, already dealing with the fallout from the Hindenburg report and various legal and regulatory challenges.

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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 …

How will bribery charges impact Adani?
3 weeks, 2 days ago

How will bribery charges impact Adani?

The Hindu  

The story so far: Last week, the U.S. Department of Justice charged two officials of a renewable energy company listed in the U.S. in connection with a bribery scheme allegedly perpetrated by Gautam Adani, chairman of the Adani Group, and his associates including his nephew Sagar Adani. Shares of various Adani Group companies dropped sharply; they have recovered most of …

Gautam Adani breaks silence on bribery charges in US: ‘Every attack makes us stronger and…’
Trending News
3 weeks, 3 days ago

Gautam Adani breaks silence on bribery charges in US: ‘Every attack makes us stronger and…’

Live Mint  

Adani Group Chairman Gautam Adani on Saturday, November 30, responded to the alleged bribery and fraud allegations against the conglomerate, saying that the legal matter involving the US Department of Justice is a challenge which the Group has faced "not for the first time". What I can tell you is that every attack makes us stronger and every obstacle becomes …

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 says it lost nearly $55 billion since US indictment: Report
3 weeks, 6 days 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 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 …

Total Energies pauses investments into Adani Group on bribery charges
4 weeks, 1 day ago

Total Energies pauses investments into Adani Group on bribery charges

Al Jazeera  

The impact of a US indictment of the group’s chairman is spreading as multiple projects say they are reviewing deals with Adani. French oil major TotalEnergies has halted investments in the Adani Group after the Indian ports-to-power conglomerate was engulfed in a crisis over an alleged multimillion-dollar bribery scheme. The US indictment document said that following the payment of alleged …

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 Group CFO Jugeshinder Singh Responds To Bribery Allegations — Here Is What He Said
1 month ago

Adani Group CFO Jugeshinder Singh Responds To Bribery Allegations — Here Is What He Said

ABP News  

The Adani Group’s Chief Financial Officer, Jugeshinder Singh, said on Saturday the recent US government report concerns only a single contract under Adani Green Energy, which accounts for roughly 10 per cent of the subsidiary's total business. This specifically relates to one contract of #adanigreen which is roughly 10 per cent of overall business of Adani Green.” He added: “We …

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 …

Adani may see wider impact from US setback
1 month ago

Adani may see wider impact from US setback

Live Mint  

Mumbai: The Adani Group denied bribery charges and vowed to explore legal options after a damaging indictment in the US, but the move failed to stop a run in its shares, posing the biggest test yet for the conglomerate which had rebuilt investor faith after the Hindenburg episode. Concluding more than two years of investigation, the US Department of Justice …

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 …

Kenya Cancels Power Transmission Deal With Adani Group Amid US Bribery Charges
1 month ago

Kenya Cancels Power Transmission Deal With Adani Group Amid US Bribery Charges

ABP News  

The Kenyan government has announced the cancellation of a multi-million dollar deal with Adani Group following allegations of bribery and fraud leveled against the conglomerate by US authorities, as reported by news agency Reuters. US prosecutors recently indicted Adani executives, including founder Gautam Adani, on charges of orchestrating a $265 million bribery scheme. On Thursday, all Adani Group stocks, including …

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 …

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 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 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 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 rejects US bribery charge as baseless, assures stakeholders
1 month ago

Adani Group rejects US bribery charge as baseless, assures stakeholders

India Today  

The Adani Group has strongly denied allegations of bribery and securities fraud levelled by US prosecutors against its chairman, Gautam Adani, and other key executives. "The Adani Group has always upheld and is steadfastly committed to maintaining the highest standards of governance, transparency and regulatory compliance across all jurisdictions of its operations. It may be noted that the market capitalisation …

Adani group's legal turmoil: A cautionary tale for global investors
1 month ago

Adani group's legal turmoil: A cautionary tale for global investors

India Today  

The Adani Group, a conglomerate at the forefront of India’s infrastructure and energy sectors, is currently engulfed in a significant legal and financial controversy that has reverberated across global markets. This legal setback has not only tarnished Adani's reputation but has also triggered a substantial decline in the stock prices of several key companies within the group. For instance, Adani …

Adani Group dismisses bribery and fraud charges by US as 'baseless'
1 month ago

Adani Group dismisses bribery and fraud charges by US as 'baseless'

New Indian Express  

NEW DELHI: Adani group on Thursday denied charges of paying bribe to secure favourable terms for solar power contracts, saying the allegations by US prosecutors are baseless and the conglomerate is compliant with all laws. "The allegations made by the US Department of Justice and the US Securities and Exchange Commission against directors of Adani Green are baseless and denied," …

How badly can bribery charges hit fund raising plans of Adani Group? Experts weigh in
1 month ago

How badly can bribery charges hit fund raising plans of Adani Group? Experts weigh in

New Indian Express  

The indictment of Adani Group, its promoters and executives by the US authorities in an alleged Rs 2000-crore bribery case could negatively impact the fund-raising process of the Adani group. Immediately after the charges of bribery became public, the renewable energy arm of the Adani Group -- Adani Green Energy – on Thursday scrapped a $600-million bond issue. Experts told …

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 …

Swiss authorities freeze $311 million of alleged Adani proxy; Adani Group denies any link
3 months, 1 week ago

Swiss authorities freeze $311 million of alleged Adani proxy; Adani Group denies any link

The Hindu  

Swiss authorities have frozen $311 million held by a Taiwanese resident in multiple Swiss bank accounts as part of money laundering probe, suspecting he may be a frontman from the Adani group - a charge the conglomerate vehemently denied saying it was neither involved in any Swiss court proceedings nor any of its accounts are subject to sequestration. The U.S.-based …

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 …

Congress to hold 20 press conferences on Aug 21 to highlight need for JPC probe into allegations against Adani, Sebi
4 months ago

Congress to hold 20 press conferences on Aug 21 to highlight need for JPC probe into allegations against Adani, Sebi

New Indian Express  

The Congress had earlier said that the demand for a JPC probe goes beyond the findings of the Hindenburg report as it is "just the tip of the iceberg." "The demand for a Joint Parliamentary Committee investigation into the Adani Mega Scam goes far beyond the revelations made by Hindenburg Research's reports. The party has been pushing for a transparent …

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, 1 week 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, 1 week 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 …

Hindenburg Research report: SEBI chief, spouse issue detailed statement
4 months, 1 week ago

Hindenburg Research report: SEBI chief, spouse issue detailed statement

Hindustan Times  

Hindenburg Research Report highlights: US-based Hindenburg Research alleged in a new report on Saturday that SEBI chairperson Madhabi Buch and her husband held hidden stakes in the same obscure offshore funds in Bermuda and Mauritius, which were used by Vinod Adani. However, Opposition party Congress has called on Centre to "act immediately to eliminate all conflicts of interest in SEBI's …

Explained: What is Hindenburg, the firm which levelled allegations against Adani, Sebi chief?
4 months, 1 week 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, 1 week 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, 1 week 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 …

‘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 …

Adani Enterprises eyes first-ever public debt issue in coming weeks: sources
4 months, 3 weeks ago

Adani Enterprises eyes first-ever public debt issue in coming weeks: sources

The Hindu  

Adani Enterprises, the flagship firm of Adani Group, plans to launch its first-ever public issue of bonds in the coming weeks to raise up to 6 billion rupees, two sources aware of the development said on Tuesday. Adani Enterprises had decided not to proceed with a debut retail bond offering of up to 10 billion rupees last year after U.S.-based …

‘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 claims it hardly made money by shorting Adani stocks and bonds: ‘Reality is…’
5 months, 3 weeks ago

Hindenburg claims it hardly made money by shorting Adani stocks and bonds: ‘Reality is…’

Hindustan Times  

US short seller Hindenburg Research said that it made $4.1 million revenue through gains made by shorting of Adani securities by its client. This will hardly break even considering the costs of producing the research, it said, adding, “We have made ~$4.1 million in gross revenue through gains related to Adani shorts from that investor relationship.” Adani group chairman Gautam …

Hindenburg Research gets ‘show cause’ notice from SEBI over Adani Group report
5 months, 3 weeks ago

Hindenburg Research gets ‘show cause’ notice from SEBI over Adani Group report

Hindustan Times  

United States-based short-seller Hindenburg Research on Monday claimed that it has received a ‘show cause’ notice, outlining suspected violations over its short bet against Adani Group last year. Hindenburg Research, which had accused Adani Group of improper use of tax havens and flagged concerns about debt levels in a report in 2023, termed SEBI's notice as an attempt “to silence …

Adani Group case: Hindenburg Research gets show cause notice from SEBI, US firm terms it 'nonsense'
5 months, 3 weeks ago

Adani Group case: Hindenburg Research gets show cause notice from SEBI, US firm terms it 'nonsense'

India TV News  

Adani-Hindenburg row: Hindenburg Research, the US-based short-seller, said it received a show-cause notice from India’s capital market regulator Securities and Exchange Board of India in the Adani Group case. The US firm said the show cause notice does resolve some questions: "Did Hindenburg work with dozens of firms to short Adani, making hundreds of millions of dollars? Adani-Hindenburg row Hindenburg …

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