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YOU WONT BELIEVE: 6 - You Need To See This

India opposition MPs seek Adani probe as group losses top $100bn

Opposition MPs call for parliamentary investigation after US-based short seller accuses Adani Group of fraud.

Al Jazeera

Adani losses top $100bn after fraud claims

MUMBAI: The business empire of under-fire Indian tycoon Gautam Adani has lost more than $100 billion in value over the past week as shares in several firms plunged again on Thursday, a day after the group cancelled a multi-billion-dollar public offering.

Bangkok Post

Citigroup wealth unit halts margin loans on Gautam Adani securities

Citigroup Inc’s wealth arm has stopped accepting securities of Gautam Adani’s group of firms as collateral for margin loans as banks ramp up scrutiny of the Indian tycoon’s finances following allegations of fraud by short seller Hindenburg Research.

The Times of India

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Why has the Adani Group shed US$90bn in value and what do short sellers have to gain?

As Gautam Adani drops down the world’s rich list, here’s what we know about Hindenburg Research’s accusations and what they mean for the Indian conglomerate

The Guardian - AU

What is Hindenburg Research, firm accusing Adani of fraud?

Hindenburg Research is a financial research firm with an explosive name and a track record of sending the stock prices of its targets tumbling

The Independent UK

Gautam Adani stock meltdown hits $92 billion as collateral worries grow

MUMBAI: The crisis of confidence plaguing Gautam Adani has taken a sudden turn for the worse, with a record 28% plunge in his flagship company’s stock raising questions over the extra collateral he needs to cover loans.

The Times of India

Gautam Adani stock slump worsens as key share sale fails to lift mood

MUMBAI: The selloff in Adani Group’s stocks intensified on Wednesday, as the completion of a closely watched share sale by the Indian conglomerate’s flagship firm failed to offset wider concerns arising from Hindenburg Research’s fraud allegations.

The Times of India

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Richest Asian, Adani, targeted in $68B stock market rout

Asia’s richest man, Gautam Adani, has seen his companies shed $68 billion in market value in the past week after short-selling firm Hindenburg Research accused him of “pulling the largest con in corporate history.”

The Independent UK

Gautam Adani clings to position as world's richest Asian after Hindenburg report

The Adani stock rout is so bad that it's even knocked India out of the world's top five largest equity markets.

Fortune

Adani Group's loss swells to $65 billion; Hindenburg responds to charges

Shares of Adani Group companies remained under pressure for the third straight session on Monday with majority of them witnessing a crash yet again.

The Times of India

Adani accuses short-seller Hindenburg of attacking India

India’s Adani Group, run by Asia’s richest man, has hit back at a report from U_S_-based short-seller Hindenburg Research, calling it “malicious”, “baseless” and full of “selective misinformation.”

The Independent UK

Top trending national news updates

Manik Saha, Samir Ranjan Barman and others take out a rally for the upcoming Tripura Assembly elections

The Times of India

Days after Hindenburg report, leading newspapers carry front page ads for Adani

Two days after the story broke about a New York-based Hindenburg Research’s report placing Adani group in the dock for “brazen stock manipulation and accounting fraud”, leading newspapers carried front page ads from the group.

Newslaundry

Adani Group considering legal action over fraud allegations as shares plunge up to 20 per cent

Some Adani companies are suspended as heavy selling of Adani-linked shares continues to wipe billions of dollars' worth of market value.

ABC News

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Newslaundry

Adani vs Hindenburg is front-page news, but what about Adani-owned media houses?

If you’ve invested in a company associated with the Adani group, you’re probably watching the stock market like a hawk. For the second day running, share prices of nine listed companies of the group have tanked, with the group losing nearly Rs 4 lakh crore in market capitalisation.

The Times of India

Gautam Adani loses Rs 4.17 lakh crore in 2 days as stocks plunge; sensex crashes 874 points

NEW DELHI: Gautam Adani, the chairman of the Adani Group of companies, saw his wealth plummet by over $48 billion (Rs 4,17,824.79 crore) in two days, as shares of his companies continued to plunge for the second day on Friday.

The Independent UK

Adani Group mulls suing US short-seller for fraud claims

India’s Adani Group has launched a share offering for retail investors and says it is considering legal action against U.S.-based short-selling firm Hindenburg Research for allegations of stock market manipulation and accounting fraud that caused heavy selling of its stocks this week

The Guardian - AU

Afternoon Update: US investor dares Adani to sue over report; NBL pride jersey controversy; and a February events guide

US activist investor who accused Adani of ‘biggest con in corporate history’ dares Indian group to sue

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The Times of India

Hindenburg Research stands by its report on Adani, will seek disclosures in US court proceedings

NEW DELHI: Threatened with legal action, US activist investor Hindenburg Research on Thursday said it stands by its report that alleged "brazen" market manipulation and accounting fraud by the Adani group, saying it has a long list of documents it will demand in a legal discovery process.

The Guardian - UK

Adani Group firms lose $9bn in value amid short-seller claims

Hindenburg Research says world’s third-richest person, Gautam Adani, is pulling ‘largest con in corporate history’

Fortune

One of Wall Street’s most feared short-selling research firms just accused Asia’s richest man of a multibillion-dollar fraud

Shares of Adani Group companies plummeted after its founder was accused of “pulling the largest con in corporate history.”

The Times of India

Hindenburg’s short sell call shaves $12 billion off Gautam Adani stocks

MUMBAI: Shares in Adani Group companies lost $12 billion in market value after US investor Hindenburg Research said it was shorting the conglomerate’s stocks and accused firms owned by Asia’s richest person of “brazen” market manipulation and accounting fraud.

The Independent UK

India's Adani Group shares plunge, hit by short-seller

India's Adani Group has protested allegations by short-selling firm Hindenburg Research that caused shares in its companies to plunge by as much as 8%

Benzinga

Short Seller Hindenburg Research Reverses Course, Backs Twitter In Fight Against Musk

In just over two months, short seller Hindenburg Research has pulled a 180 and changed its thesis on social media platform Twitter Inc (NYSE: TWTR) in the battle against Tesla Inc (NASDAQ: TSLA) CEO<

Benzinga

'Murder-For-Hire Conspiracy': Why Enochian Biosciences Stock Is Plunging

Enochian Biosciences Inc (NASDAQ: ENOB) shares are trading lower Wednesday after Hindenburg Research issued a bearish report on the company.

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