Jack Dorsey's Hindenburg moment The notorious short-seller has turned its sights on one of Silicon Valley's most celebrated founders. Fortune · Mar 23, 2023
Jack Dorsey's Block is the latest company targeted by a notorious short-seller The short-seller put out an accompanying report, alleging that Block's Cash App has inflated user counts and consorted with criminals. Fortune · Mar 23, 2023
Star investor Rajiv Jain bets $1.9 billion on embattled Gautam Adani empire MUMBAI: Adani Group’s stocks surged on Friday after winning a vote of confidence from one of the biggest names in emerging-market investing, helping cap the Indian conglomerate’s best week since late January when a US short-seller’s explosive report triggered an unprecedented rout. The Times of India · Mar 3, 2023
Meet the SC-appointed expert panel to probe Adani-Hindenburg saga, stock market volatility NEW DELHI: In latest development to the Adani-Hindenburg row, the Supreme Court on Thursday set up an expert panel comprising 6 members to look into the protection of Indian investors in the aftermath of a damning report by the US short seller. The Times of India · Mar 2, 2023
India's top court orders probe of Adani business group India’s top court has ordered an investigation into any regulatory failures related to the Adani Group after the conglomerate's shares plunged due to allegations of wrongdoing by a U.S. short-selling firm The Independent UK · Mar 2, 2023
All Adani stocks end higher first time since Hindenburg report All 10 Adani Group stocks closed higher, the first such occurrence since the explosive report by US short-seller Hindenburg Research in late January sparked an unprecedented rout in the conglomerate’s shares. The Times of India · Mar 1, 2023
Adani stock rout has room to run as charts show 85% call still valid MUMBAI: The rout in Adani group shares has room to run based on charts that show key stocks in Gautam Adani’s empire may still extend declines to the 85% downside flagged by Hindenburg Research. The Times of India · Feb 23, 2023
Gautam Adani's older brother plays key role at embattled dynasty MUMBAI: In August, as India’s Adani group neared the completion of its $10.5 billion purchase of two cement businesses, the conglomerate and its banks put out some particularly complicated filings. The Times of India · Feb 23, 2023
India's oligarchs under Modi facing a crisis Over the past two decades, Indian multi-billionaire Gautam Adani's close ties to Prime Minister Narendra Modi have helped the Gujarati businessman become Asia's wealthiest person. Mr Adani's meteoric rise also made him the poster boy for India's growth story -- until allegations of fraud and stock manipulation brought his eponymous… Bangkok Post · Feb 20, 2023
Could trouble for Adani trip up Narendra Modi? Repercussions from Hindenburg report reach into political sphere as spotlight falls on tight-knit relationship between India’s prime minister and the billionaire The Guardian - UK · Feb 15, 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
Sebi okay with regulated short selling, probing Hindenburg allegations against Adani NEW DELHI: Market regulator Sebi has indicated to the Supreme Court that it is not in favour of banning short-selling or sale of borrowed shares, and said it is investigating allegations made by a tiny short-seller against the Adani Group as well as its share price movements. The Times of India · Feb 14, 2023
Scots firm's huge investment in coal giant accused of fraud revealed AN Edinburgh investment company which markets itself as sustainable and sponsors major cultural events in Scotland holds £50 million worth of bonds… The National (Scotland) · Feb 12, 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
The Times of India · Feb 10, 2023 SC seeks Sebi's response on petitions related to Hindenburg report on Adani Group by February 13 NEW DELHI: The Supreme Court on Friday sought the Securities and Exchange Board of India's (Sebi) response on 2 PILs accusing the market regulator of inaction in regulating the share markets in the face of Hindenburg report which resulted in crash of Adani group company share prices & massive loss…
The Times of India · Feb 6, 2023 It’s tough to short Gautam Adani stocks listed in India. Here’s why NEW DELHI: Hindenburg Research’s decision to only go short on Adani Group securities outside India has highlighted the limitations of the practice in the nation and the peculiarities of the business empire itself.
The Times of India · Feb 4, 2023 Inside the 19-hour meltdown that junked Gautam Adani's share sale NEW DELHI: A beaming Gautam Adani stood beside Israeli Prime Minister Benjamin Netanyahu on Tuesday, looking relaxed as hundreds of people gathered for the ceremonial signing at the Haifa Port, which the Indian billionaire is co-developing.
inkl Originals · Feb 4, 2023 The Weekly Wrap for Saturday, 4 February 2023 Asia's richest man has watched a quarter of his fortune evaporate in a week. An industrial empire is teetering. And it's all because of one teeny-weeny little memo.
The Independent UK · Feb 3, 2023 Indian tycoon Adani hit by more losses, calls for probe Losses for the troubled Adani Group, India’s second-largest conglomerate, have deepened as shares in its flagship company tumbled another 25%
The Guardian - AU · Feb 3, 2023 Adani crisis: Indian group has value cut in half after stock market rout Traders sent shares down more than 25% on Friday despite attempts to restore investor confidence following fraud claims
The Conversation · Feb 2, 2023 Short selling Adani: how an obscure US firm profited from triggering the Indian giant's price plunge A few weeks ago, Gautam Adani was indisputably India’s richest man.
The Times of India · Feb 2, 2023 Explained: How Gautam Adani v/s Hindenburg saga has unfolded so far NEW DELHI: When one of mightiest conglomerates of a country calls off its fully subscribed follow on public offer (FPO), stating that it would be "morally incorrect", it is sure to spook investors.
Fortune · Feb 2, 2023 Boris Johnson's younger brother just resigned from an Adani-linked investment bank after a $100 billion stock rout amid claims of a shady offshore account "I have consistently received assurances from Elara Capital that it is compliant with its legal obligations and in good standing with regulatory bodies."
WEKU · Feb 2, 2023 How Asia's ex-richest man lost nearly $50 billion in just over a week Indian businessman Gautam Adani was a few billion dollars shy of Elon Musk. But he tumbled down the billionaires' list after a U.S. firm accused the Adani Group of pulling off an epic con.
Al Jazeera · Feb 2, 2023 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.