Hindenburg reply to Adani: What has happened so far?

Hindenburg reply to Adani: What happened so far?

The Hindenburg Research responded to the Adani Group’s rebuttal of its accusations, calling it an “attempt to obfuscate by nationalism.” “The Adani Group has not even attempted to clarify its relationship with a Chinese national (Chang Chung-Ling), despite a plethora of ties,” the response added. In its latest statement, the short seller said the Adani … Read more

Hindenburg Effect: Adani slips to 7th position in the world’s richest list

gautam adani world's richest list

Gautam Adani has slipped to seventh on Forbes’ real-time list of the world’s richest people, as the Adani Group companies have lost a combined market capitalization of $48 billion since Wednesday following the report of Hindenburg Research. According to the Forbes Real Times Billionaires Index, Adani’s wealth plummeted by more than $22.5 billion to $96.8 … Read more

What is Hindenburg research, and is the CIA behind it?

CIA behind Hindenburg report on adani

Shares of Adani Group companies fell sharply on Wednesday morning after activist investment firm Hindenburg Research revealed a short position against the conglomerate while accusing companies owned by the world’s third-richest person Gautam Adani of fraud. However, social media users alleged that the CIA is behind this research. In a report revealing its short position, … Read more

Who is Nathan Anderson, person behind Adani’s Hindenburg report?

Hindenburg reply to Adani: What happened so far?

Billionaire businessman Gautam Adani is no longer the world’s third-richest person after activist investment firm Hindenburg Research accused his conglomerate, Grupo Adani, of orchestrating fraud. The Hinderburg report created a stir, Gautam Adani lost ₹ 489993000000 in a day. Through a report, Hindenburg indicated that the companies of said conglomerate, belonging to the richest man in Asia, … Read more

What Hindenburg research report say about Adani?

Hindenburg Effect: Adani slips to 7th position in the world’s richest list

Hindenburg Research, a well-known short seller in the United States, disclosed short positions in the Adani Group on Wednesday, accusing the conglomerate of the improperly broad use of companies based in offshore tax havens and raising concerns about excessive debt levels. What the Hindenburg report says  The firm published a research paper titled ‘Adani Group: … Read more