hindenburg

The show cause notice alleged that hedge funds of Hindenburg, Kingdon and a broker linked to Kotak Mahindra Bank benefited from a decline of more than $150 billion in the market value of 10 listed Adani Group firms after the publication of the report.The market regulator has accused Hindenburg...

New Delhi, US short seller Hindenburg Research had shared an advance copy of its damning report against the Adani group with New York-based hedge fund manager Mark Kingdon about two months before publishing it and benefited from a agreement to share the spoils of share price movement. according...

New Delhi [India], one of India's top lawyers and BJP leader Mahesh Jethmalani, has alleged that an American businessman with ties to China had commissioned a report from Hindenburg Research, which caused a significant drop in shares of Adani group companies in January. February 2023.The lead...

In a lengthy post on social media platform"Here is a huge smoking gun in the sordid episode of Hindenburg's short selling of Adani shares," he posted on X."For those who want to learn about the accomplished Chinese spy #AnlaCheng, who along with her husband #MarkKingdon hired #Hindenburg for...

In New Delhi, India's markets regulator SEBI has slapped Hindenburg Research with a show-cause notice for alleged "unfair trade practices" in its 2023 broadside against the Adani Group, a move the US firm called "nonsense" and an attempt to "silence and intimidate" those who expose corruption...

New Delhi [India] InGovern founder and CEO Shriram Subramanian on Tuesday said US short seller Hindenburg Research's charges against SEBI appear to be misplaced."It is not clear why Hindenburg has come out so strongly against SEBI, to the extent of defaming SEBI. Hindenburg has only alienated...

New Delhi: Shares of Kotak Mahindra Bank on Tuesday fell over 2 per cent, wiping Rs 7,777.33 crore off its market capitalization as the company's name emerged in the Adani-Hindenburg dispute.The stock fell 2.16 per cent to settle at Rs 1,769.60 apiece on the BSE. During the day, it fell 3.98...

Shares of Kotak Mahindra Bank fell 2.49 per cent to close at Rs 1,763.15.In response to SEBI's show cause notice, Hindenburg said: "Kotak Bank, one of India's largest banks and brokerage firms founded by Uday Kotak, has seized the offshore funds used by our investor partner to bet against...

New Delhi Billionaire banker Uday Kotak founded a bank and brokerage, set up and oversaw an offshore fund used by an anonymous investor to profit from a slump in Adani shares that followed a damning Hindenburg report, the short seller said US.Hindenburg Research, which in a January 2023 report...

Hindenburg had alleged that while markets regulator SEBI "apparently tied itself in knots to claim jurisdiction over us, its notice clearly did not mention the party that has a real link with India: Kotak Bank, one of the banks and firms largest brokerage firm in India founded by Uday. Kotak...

In the show cause notice, Hindenburg is alleged to have conspired with others to create short positions in the equity of Adani Enterprises Limited (AEL).Hindenburg and Anderson are also alleged to have spread misleading information through the Hindenburg report (dated January 24, 2023)...

New Delhi: Billionaire banker Uday Kotak founded a bank and a brokerage created and oversaw an offshore fund used by an anonymous investor to profit from the plunge in Adani shares that followed a damning Hindenburg report, the seller said on Tuesday in American short.Hindenburg Research...

In a 46-page show cause notice, the market regulator has alleged that Hindenburg and Anderson have violated rules under the SEBI Act, SEBI's Prevention of Frauds and Unfair Trading Practices Rules and Code of Conduct for Research Analysts Rules.Meanwhile, according to the show cause notice...

New Delhi: US short seller Hindenburg Research, which had rocked the Adani Group with allegations of stock market manipulation and accounting fraud, said on Tuesday it has received a show cause notice from Indian capital market regulator SEBI for alleged violations. when placing bets on the...

New Delhi [India]: Adani Group, whose market capitalization was badly hit by a US-based short seller report in early 2023, has recovered from losses and the Indian conglomerate is back on an "expansion spree". It is eyeing an expansion spree and US$90 billion of capital expenditure over the next...

New Delhi [India]: The latest report by the Financial Times, which targeted India's conglomerate Adani Group, was just for noise, renowned global financial services firm Cantor Fitzgerald said, according to a report by financial advisory firm. It appears that the financial market has ignored the...

New Delhi [India] Market regulator Sebi has asked several global funds that have invested in Adani Group shares to defend themselves against allegations of improper disclosures and market manipulation, according to a Bloomberg report. According to Bloomberg report, market regulator SEBI has...