Adani Group’s market capitalization surged by almost Rs.73,000 crore on 4th Dec, driven by investor enthusiasm following BJP’s electoral victories in three states, infusing confidence in continued political stability at the Centre. The Gautam Adani-led...
Tag : Hindenburg
Gautam Adani, a billionaire from an Indian family secretly invested millions of dollars in the Indian stock market, by purchasing its own shares. This action declared the remarkable growth in the stock values of Adani...
The Organised Crime and Corruption Reporting Project (OCCRP) is on the verge of unveiling significant revelations regarding specific Indian corporate entities. This development has stirred a considerable buzz within India’s corporate sector. While this might...
“SEBI Concludes Investigation into 22 out of 24 Adani Group Transactions; Supreme Court Review Scheduled”
SEBI, the capital market regulator, informed the Supreme Court on August 25 that in the process of investigation into whether or not billionaire, Gautam Adani’s company violated securities laws was finished and in some cases,...
Adani Group Stocks encounter decline during ongoing US Authorities’ investigation into Hindenburg allegations.
This week, Adani group’s listed companies witnessed a huge fall in Friday’s trading session, losing a cumulative market capitalisation of over Rs 52,000 crore which is another severe capital breakdown in over four months. Earlier...
Gautam Adani-led Adani Enterprises, the flagship company of Adani Group, was the top gainer on the Nifty 50 index gaining over 20 per cent in Wednesday’s trade. This led to significant reversal of losses which...
After Credit Suisse & Citi bank, now Standard Chartered stops accepting Adani bonds as collateral.
Adani Groups led by Gautam Adani is fighting the allegations of stock manipulation and accounting fraud after the New York based Hindenburg Research firm presented a lengthy research report accusing the conglomerate . Due to...
Impact of Hindenburg report : after Credit Suisse, Citi Bank Group halts lending against Adani group securities.
Last month on 24th Jan 2023 Hindenburg Research, a NewYork based investor research firm, alleged that the Adani Group had engaged in a brazen stock manipulation and accounting fraud scheme. Though the Indian Conglomerate sent...
Adani Enterprises shares crashed after Hindenburg report & Credit Suisse intervention, Rs.20000 Crs FPO calls off.
After allegations of fraud by the Hindenburg Research report released on 24th Jan 2023 Adani’s reputation was in trouble. Now Credit Suisse has assigned zero lending value to Adani bonds, which means that Credit Suisse...
Gautam Adani is no longer Asia’s richest person, Hindenburg stays firm on their allegations.
Hindenburg Research, a US-based investor research firm specialized in short selling, alleged that the Adani Group led by Gautam Adani, has engaged in a brazen stock manipulation and accounting fraud scheme, accelerated with five of...