Tag: adani hindenburg report
Adani founders to prepay loans worth $1.1 billion amid rout
Bloomberg | | Posted by Ritu Maria Johny Billionaire Gautam Adani and his family have prepaid $1.11 billion worth of borrowings backed by shares as…
Adani in talks to prepay loans on shares, denies trimming capex: Report
Reuters | | Posted by Ritu Maria Johny India’s Adani Group is in talks to prepay all loans backed by pledged shares, a spokesperson told…
Why Hindenburg Research decided to short only Adani stocks listed outside India
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…
How Adani’s $58 billion wipeout in 6 days fares vs Bankman-Fried’s wealth loss
Nearly $58 billion has been wiped out from Gautam Adani’s fortune in six days, a steep nosedive that has few parallels in history. According to…
LIC says it will talk to Adani over short seller allegation: Report
Reuters | | Posted by Ritu Maria Johny India’s Life Insurance Corporation (LIC) on Monday said it will talk to management of Adani Group within…
Most Adani stocks drop as rebuttal draws Hindenburg response
Most of Adani Group’s companies extended a $51 billion stock selloff, an indication that the billionaire’s rebuttal of fraud allegations from American short seller Hindenburg…
‘Fraud cannot be obfuscated by nationalism’: Hindenburg’s response to Adani
Fraud cannot be obfuscated by nationalism or a bloated response that ignores every key allegation we raised, Hindenburg Research said on Monday hours after Gautam…