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The Latest Breaking News from Hindenburg

Ofcom urged to act after US firm claims Roblox is ‘paedophile hellscape’

Campaigners say watchdog must ensure Online Safety Act is rigorous enough, after allegations about gaming platform

The Guardian - UK

Roblox clashes with an 'activist short-seller' who's going after its share price with accusations that it's running a 'pedophile hellscape' and lying about user numbers

Roblox Corporation's share price slipped on the report, which was probably at least partly the goal.

PC Gamer

DOJ reportedly probes Supermicro for accounting manipulations — alleged export violations to China and Russia also raise attention

DoJ reportedly probes Supermicro over accounting manipulation amid alleged failure to comply with the U.S. export regulations accusations.

Tom’s Hardware

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Analysts revisit Dell, Super Micro stock price targets on AI capabilities

Here's what could happen next to shares of Dell and Super Micro.

The Street

Adani proxy’s $311 million frozen by Swiss authorities

Over the last three years, the Swiss authorities have frozen US $311 million (Rs 2,610.7 crore) belonging to a prominent associate of the Adani group for his role in money laundering, manipulation of the group’s stocks in the Indian markets, and forgery.

Newslaundry

What's Behind the Latest Super Micro Computer Stock Downgrade?

As skepticism swirls around Super Micro Computer, leading investment bank JPMorgan’s dramatic reversal on its earlier stance has become the latest headline.

Barchart

Should You Buy the Dip in Super Micro Computer Stock?

This AI server company has a stock split on the horizon, but accounting issues have stolen the spotlight, sending SMCI sharply lower this week.

Barchart

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Short-seller blasts Super Micro stock in latest report

This is what could happen next to Super Micro shares.

The Street

Cong demands JPC inquiry on Hindenburg-Adani-SEBI row; Stages protest

The protest rally was held by Telangana Pradesh Congress Committee (TPCC) from Gun Park to the ED office in Hyderabad. Read further on Dynamite News:

Dynamite News

Carl Icahn stock scandal costs him $2 million to settle

This is what happened to the famous activist investor.

The Street

In Hindenburg fallout, serious questions cordoned off by the media’s noise

The Modi government is lucky. The latest bombshell from Hindenburg Research landed in India a day after the budget session of parliament had concluded. Had it come a couple of days earlier, one can just imagine the scenes in both houses of parliament, given that the name “Adani”, mentioned by…

Newslaundry

Hindenburg guns fresh queries for SEBI Chief after she rejects allegations

The US short seller also raised concerns about the financial statements of SEBI Chief's Singapore consulting entities during her tenure at SEBI. Read further on Dynamite News:

Dynamite News

Hindenburg row: ‘New material’ shows violation of rules by Adani group, says review plea in SC

Over a month after the Supreme Court rejected petitions seeking an SIT probe into stock price manipulation allegations against the Adani group, a fresh plea at the top court has sought the review of the January 3 verdict.

Newslaundry

Adani-Hindenburg case verdict: Key takeaways

The Hindu decodes the key takeaways from the Supreme Court’s verdict in the Adani-Hindenburg case

The Hindu

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International Business Times

India Top Court Declines To Order New Probe Against Billionaire Gautam Adani's Companies

India's top court on Wednesday rejected pleas to set up a new panel to probe allegations of fraud made against the Adani group by short seller Hindenburg Research.

Dynamite News

Supreme Court declines to order SIT or CBI probe in Adani-Hindenburg row

In a relief to the Adani group of companies, the Supreme Court on Wednesday declined to transfer the probe from Securities and Exchange Board of India (SEBI) to a Special Investigation Team (SIT) or CBI into the Adani-Hindenburg issue over allegations of stock price manipulation by the Indian corporate giant.…

The Hindu

Supreme Court upholds SEBI probe, turns focus on ‘conduct’ of Hindenburg

Hindenburg Adani case: Supreme Court directs SEBI to probe if Hindenburg report on short-selling caused harm to investors; dismisses NGO's findings against Adani Group.

Newslaundry

‘Investigative reports can’t be taken as credible evidence of SEBI lapse’: SC relief for Adani

The Supreme Court has rejected petitions seeking a court-monitored SIT probe into the allegations part of the Hindenburg Research report about stock price manipulation by the Adani Group.

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The Hindu

Adani-Hindenburg case | Supreme Court to deliver verdict on ‘conflict of interest’ allegations against panel

The Supreme Court will pronounce its verdict on January 3, 2024 on a batch of petitions on the Adani-Hindenburg row over allegations of stock price manipulation by the Indian corporate giant.

The Hindu

INDIA bloc leader and NCP chief Sharad Pawar visits Adani office, residence in Ahmedabad

In April, Mr Adani had visited Mr Pawar’s residence Silver Oak in south Mumbai.

Newslaundry

Affidavit in SC points to SEBI ‘conflict of interest’ in Adani probe, ex-chairman in NDTV

A new affidavit in the Supreme Court has accused market regulator SEBI of conflict of interest in its probe against the Adani Group. The affidavit has also named UK Sinha, who served as chairman at the regulatory body between 2011 and 2017, and was appointed as non-executive chairperson of NDTV…

Dynamite News

"India's PM can't make enquiry on Adani because...," Rahul Gandhi

Launching an attack on Prime Minister Narendra Modi-led government over allegations concerning the Adani group, Congress leader Rahul Gandhi on Saturday said that India's Prime Minister cannot make an enquiry on his group as "the loss will not be for Adani but to someone else." Read further on Dynamite News:

Newslaundry

The Adani story simplified: Stock manipulation, mystery investors and SEBI role

The Adani Group has been hit by another storm.

The Guardian - UK

Rahul Gandhi demands Modi investigation into Adani Group

Indian opposition leader brandishes Guardian article on alleged financial violations by Adani family

Dynamite News

“Why PM is not forcing investigation, why is he quiet,”: Rahul Gandhi seeks JPC probe into allegations against Adani group

Targeting the BJP-led government over allegations concerning the Adani group, Congress leader Rahul Gandhi on Thursday accused the Prime Minister of “being quiet” and said the least that should be done is a Joint Parliamentary Committee probe. Read further on Dynamite News:

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