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The New York-based firm, in a statement, said it had while putting out the report that alleged "brazen stock manipulation and accounting fraud scheme over the course of decades" at the Adani group, disclosed that it was short on Adani (meaning it had anticipated a fall in the value of stock and thus traded on it).
Hindenburg Research has criticized the Securities and Exchange Board of India (Sebi) for not addressing alleged fraud in its report on the Adani...
Last year, Hindenburg Research had accused the Adani Group of improper use of tax havens and flagged concerns about debt levels.
US-based short seller Hindenburg Research stated that it was issued a "show cause" notice by the Securities and Exchange Board of India (Sebi) on...
The admission came in response to a show cause notice issued by markets regulator Sebi to Hindenburg.
Hindenburg said that the show cause notice was “an attempt to silence and intimidate those who expose corruption."
Keith Gill, better known by his online aliases “Roaring Kitty” and “DeepF***ingValue,” has been sued for securities fraud in connection The...
Quant Mutual Fund predicted rallies in India's small-cap stocks in 2021 and state-owned companies in 2023, as seen in their disclosed holdings....
Shares of the group's flagship firm, Adani Enterprises, slipped about 0.4 per cent in opening deals while those of Adani Ports inched up by 0.07 per...
At least 49 members of 118th Congress have violated a federal insider trading and conflicts-of-interest law, a Raw Story analysis of congressional...