Hindenburg Research has criticized the Securities and Exchange Board of India (Sebi) for not addressing alleged fraud in its report on the Adani...

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...

Last year, Hindenburg Research had accused the Adani Group of improper use of tax havens and flagged concerns about debt levels.

The admission came in response to a show cause notice issued by markets regulator Sebi to Hindenburg.

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...

Hindenburg said that the show cause notice was “an attempt to silence and intimidate those who expose corruption."

Gautam Adani said that Hindenburg's scathing report last year was a “vague criticism”.

At Adani Enterprises' Annual General Meeting on Monday, Gautam Adani said, “Typical short sellers target gains from financial markets. This was...

Hindenburg Research's 2023 report against the Adani Group, one of the most impactful short-seller reports ever, erased up to $153 billion of market...