MUMBAI: Hindenburg Research, the US-based short-seller whose reports had shaved off about $140 billion from Adani Group‘s market valuation in early 2023, pushed the Indian govt and markets regulator Sebi on the backfoot, and left Indian investors divided whether to support it or oppose, is winding down. Calling Adani’s businesses “the largest con in corporate…
Nate Anderson, declared the official disbandment of Hindenburg Research on January 15. Hindenburg Research shut down: Soon after Hindenburg Research founder announced that the firm would disband in the near future, Adani Group CFO has shared a cryptic post on social media platform X (formerly Twitter).In a post which could be seen as a reaction…
Hindenburg rose to international prominence after publishing damaging reports about Indian industrialist Gautam Adani. Hindenburg Research shuts down: Nate Anderson, founder of the U.S.-based investment research firm Hindenburg Research, announced on January 15 the closure of his company, which was well-known for its aggressive short-selling tactics.The firm rose to international prominence after publishing damaging reports…
Adani Group stocks rallied after the US investment firm Hindenburg Research announced its closure. Hindenburg shuts down: Adani Group shares experienced significant gains of up to 9% on Thursday, January 16, with Adani Power leading the surge at Rs 599.90 on BSE. Adani Green Energy saw an 8.8% increase to Rs 1,126.80, whilst Adani Enterprises…
During a press interaction, Naidu said, “We can’t back out of contracts unless concrete proof is available. Adani bribery allegations: More than a month after pledging action regarding US bribery allegations involving the Adani Group and the previous Y S Jaganmohan Reddy government, Andhra Pradesh Chief Minister N Chandrababu Naidu has now adopted a cautious…
Adani Group chairman Gautam Adani has offered a humorous take on the much-debated subject of work-life balance that has been raging on in the Indian corporate world. Insisting that enjoying one’s work is essential to achieving work-life balance, Adani quipped in a media interview, “Aath ghanta family ke saath bitayega toh biwi bhaag jaayegi (Wife…
As the work-life balance debate continues to spark conversations globally, Indian billionaire and industrialist Gautam Adani has added his voice to the discussion in a light-hearted yet thought-provoking manner. Known for his business acumen and influence in the corporate world, the Adani Group Chairman recently shared his perspective on achieving happiness through work-life balance.His comments…
NEW DELHI: Rahul Gandhi, leader of opposition in Lok Sabha, outrightly refuted the BJP’s allegations that he shoved the ruling party’s MPs at the House entrance, cliaming that its one of the new tatics by the BJP to divert attention from the uproar over Union home minister Amit Shah‘s remark on Ambedkar and Adani issue….
Reliance chairman Mukesh Ambani and Adani Group founder Gautam Adani are facing multiple threats that are hitting their businesses – and their immense personal wealth. Both Ambani and Adani have tumbled out of the elite centibillionaires club – people with fortunes above $100 billion.Ambani’s energy and retail businesses have been underperforming amid rising investor concern…
Currently, both Mukesh Ambani and his contemporary Gautam Adani, are confronting various challenges. India’s richest men, Mukesh Ambani and Gautam Adani, have seen their net worth drop below the $100 billion mark in the last few months. Currently, both Mukesh Ambani, who leads Reliance Industries Ltd, and his contemporary Gautam Adani, who established the Adani…
