Friday, March 29, 2024

Topic: Hindenburg Research

Supreme Court refuses SIT probe in Adani-Hindenburg case, ‘truth has prevailed,’ says Gautam Adani 

The Supreme Court on Wednesday rejected pleas to transfer the probe into allegations made in Hindenburg report against the Adani group of companies from the Securities and Exchange Board of India (SEBI) to an SIT, saying the petitioners had not made out any valid ground for this.

Net worth slips below $40 bn, Gautam Adani now 39th on global rich list

Gautam Adani has now slipped to the 39th spot on the global rich list after the US-based short seller Hindenburg Research accused the Adani Group of indulging in stock manipulation and accounting fraud.

Hindenburg: Gautam Adani no longer among world’s 25 richest persons’ list

Gautam Adani no longer figures among the world’s 25 richest persons’ list after being caught in a short selling storm with Hindenburg research, according to the world billionaires list by Forbes and Bloomberg.

If Hindenburg was in India, it would have faced UAPA: Asaduddin Owaisi MP

If Hindenburg was in India, it would have faced the draconian Unlawful Activities (Prevention) Act, said AIMIM supremo and Hyderabad MP Asaduddin Owaisi while launching an attack on Narendra Modi government in Lok Sabha.

Hindenburg report on Adani ‘not an attack on India’, says former SEBI chairman

Former Securities and Exchange Board of India (SEBI) chairman Upendra Kumar Sinha has said that he is not inclined to believe that Hindenburg report on Adani is an attack on India.

Adani’s market losses top Rs 8 lakh crore as crisis shockwaves spread

Adani's market losses swelled above Rs eight lakh crore ($100 billion) on Thursday, sparking worries about a potential systemic impact a day after the Adani Group's flagship firm abandoned its $2.5 billion stock offering, reported Reuters.