Tag: hidenburg report

The logo of the Adani Group is seen on one of its buildings in Ahmedabad.(REUTERS)
Posted in Business

SC panel puts six entities under lens for alleged trading in Adani shares

Six entities including four foreign portfolio investors (FPIs) are under lens for suspicious trading in Adani group shares prior to the release of the damning…

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Jack Dorsey is former CEO of Twitter.(Reuters)
Posted in Business

Hindenburg’s next target is Block, ex-Twitter CEO Jack Dorsey-led payments firm

Reuters | | Posted by Singh Rahul Sunilkumar Hindenburg Research said on Thursday it held short positions in Block Inc, alleging that the Jack Dorsey-led…

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Hindenburg Research founder Nathan Anderson graduated from the University of Connecticut with a degree in international business.(Live Mint)
Posted in Business

After Adani bomb, Hindenburg Research teases ‘another big’ report

After dropping a bombshell on Gujarat tycoon Gautam Adani, Hindenburg Research announced that it would disclose “another big” expose, causing people to wonder who the…

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Art teacher Sagar Kambli gives final touches to a painting of Gautam Adani highlighting the ongoing crisis of the Adani group.
Posted in Business

Gautam Adani ‘lost ₹3,000 crore per week’, fortune down 60%: Report

Adani Group boss Gautam Adani lost $28 billion over the last year – or an average of ₹3,000 crore per week in 2022 – and…

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Adani seeks to sell stake in Ambuja Cement for $450 mn to reduce debt: Report
Posted in Business

Adani seeks to sell stake in Ambuja Cement for $450 mn to reduce debt: Report

Reuters | | Posted by Singh Rahul Sunilkumar Gautam Adani is seeking to sell a stake in Ambuja Cement for about $450 million, the Financial…

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LIC Chairman to meet Adani Group top management soon, says will seek explanation
Posted in Business

LIC Chairman to meet Adani Group top management soon, says will seek explanation

PTI | | Posted by Singh Rahul Sunilkumar LIC chairman M R Kumar on Thursday said the officials of the public sector insurer will soon…

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Adani Enterprises calls off FPO, to return money to investors
Posted in Business

Adani Enterprises calls off FPO, to return money to investors

India’s Adani Enterprises has called off its $2.5 billion share sale due to prevailing market conditions, the company said on Wednesday, days after a rout…

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Adani loses Asia's richest person title as stock routs after Hindenburg report
Posted in Business

Adani loses Asia’s richest person title as stock routs after Hindenburg report

India’s Gautam Adani lost his title of Asia’s richest person on Wednesday as a rout in his conglomerate’s stocks deepened to $74 billion after a…

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