Nate Anderson, who recently announced the closure of his research firm Hindenburg, faces scrutiny over alleged connections with hedge funds in preparing company reports to target them, reports a Canadian portal citing documents submitted to an Ontario court.Court filings at the Ontario Superior Court of Justice reveal that Moez Kassam, who heads Canada’s Anson hedge…
Nate Anderson, who recently announced the closure of his research firm Hindenburg, faces scrutiny over alleged connections with hedge funds in preparing company reports to target them, reports a Canadian portal citing documents submitted to an Ontario court.Court filings at the Ontario Superior Court of Justice reveal that Moez Kassam, who heads Canada’s Anson hedge…
MUMBAI: Stocks of companies belonging to the Adani group rallied as much as 10% in Thursday’s market on the back of news that Hindenburg Research will close down. Nearly two-years to the day, the US-based short-seller had brought a massive crash in Adani group’s stocks after it published a 110-page report alleging several corporate malfeasances…
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…
NEW DELHI: On the day Hindenburg announced its closure, BJP hit out at Rahul Gandhi and asked him if he will now acquire the franchise to run the short-seller’s ‘shop’ which ‘works in sync’ with Congress to destabilise India.“Rahul Gandhi is in the complete grip of urban Naxals’ thinking process. Now that Hindenburg is closing…
NEW DELHI: Hindenburg Research, the US-based firm which previously got embroiled in a high-profile controversy with the Adani Group, has recently decided to cease its operations. Known for its contentious and aggressive practices, including the controversial short sellings, the firm’s sudden shutdown has sparked debates about the ethics, legality, and motivations behind this unexpected decision….
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…
US-based investment research firm Hindenburg Research, known for its explosive short-selling reports, is shutting down. The announcement was made by its founder, Nate Anderson, on Wednesday, marking the end of a company that shook financial empires and wiped billions off market valuations.“As I’ve shared with family, friends, and our team since late last year, I…
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…
