INSANE: 5 - The Real Truth

Unmasking India's crony capitalist oligarchy

The recent accounting fraud and stock manipulation allegations against multi-billionaire Gautam Adani made by Hindenburg Research, a New York-based short-selling firm, has startled the financial world. The episode is a necessary reality check for those who are expecting India's star to burn brighter in the global economic firmament as China's…

Bangkok Post · Feb 16, 2023

Gautam Adani group touts cash reserves in bid to calm investors

MUMBAI: Indian billionaire Gautam Adani’s embattled conglomerate said it has adequate cash reserves and its listed companies are able to refinance their debts.

The Times of India · Feb 15, 2023

Why not JPC in Hindenburg Adani row: Jairam Ramesh after Centre's reply in SC

Congress leader Jairam Ramesh on Monday took a swipe at the Centre over its reply in the Supreme Court regarding appointing a committee in connection with the Hindenburg's report on Adani Group, and questioned the government on why it was not agreeing to a joint parliamentary committee (JPC).

Dynamite News · Feb 14, 2023

Hindenburg has never been banned, says founder Nate Anderson amid Adani row

NEW DELHI: Hindenburg Research founder Nathan Anderson on Friday said that his firm has never been banned, its bank account never seized and that it is not under any investigation.

The Times of India · Feb 10, 2023

'Adani group hires US legal firm Wachtell in fight against Hindenburg Research'

NEW DELHI: Gautam Adani has hired Wachtell, one of the most expensive law firms in the US, to fight back against allegations made by short seller Hindenburg Research, the Financial Times(FT) reported on Friday.

The Times of India · Feb 10, 2023

Adani faces fresh risk as MSCI examines free float of its stocks

India's Adani Group faced fresh concerns on Thursday after financial index provider MSCI said it was reviewing the free float designation of some of its companies' securities.

Reuters · Feb 9, 2023

Adani Row: SC To Hear Petition Seeking Probe Into Hindenburg Research Report

Supreme Court will hear on Friday a plea seeking a direction to the Centre to constitute a committee to investigate the Hindenburg Research report on Adani Group. Read further on Dynamite News:

Dynamite News · Feb 9, 2023

Adani group shares extend gain as traders await earnings reports

MUMBAI: Shares of most Adani group companies rosehttps://timesofindia.indiatimes.com/business/india-business/adani-ports-mulls-repaying-605-million-debt-to-calm-investors/articleshow/97714253.cms, extending their rebound from a selloff that has erased more than $100 billion from the Indian conglomerate’s market value.

The Times of India · Feb 8, 2023

Who is Gautam Adani and why is he controversial?

The Indian entrepreneur has seen his wealth plummet after a research firm accused him of ‘brazen stock manipulation’.

Al Jazeera · Feb 6, 2023

Delhi: Youth Congress Stages Protest Over Adani Issue At Jantar Mantar

Members of the Indian Youth Congress held a protest over Adani stocks issues at Jantar Mantar on Monday. Read further on Dynamite News:

Dynamite News · Feb 6, 2023