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The Latest Breaking News from Hindenburg Research

Block, A Key Cathie Wood Stock, Tanks As Hindenburg Reveals Short

"Block has systematically taken advantage of the demographics it claims to be helping," Hindenburg Research said.

The Street

Parliament Budget session: Opposition leaders to march to ED Office, hand over complaint on Adani issue

Several Opposition MPs on Wednesday morning, gathered for a meeting Rajya Sabha leader of opposition and Congress president Mallikarjun Kharge's Parliament chamber over the Adani Group issue. Read further on Dynamite News:

Dynamite News

Billionaire Adani's Empire Loses $154 Billion in a Month

Adani Group is on a roadshow to reassure international investors after the short-seller Hindenburg Research launched allegations of fraud.

The Street

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Billionaire Adani's Empire Loses More Than $135 Billion

Indian tycoon Gautam Adani's conglomerate is facing allegations of stock price manipulation and fraud that have chilled investors.

The Street

Billionaire George Soros Makes New Powerful Enemies

The legendary investor says India's prime minister Narendra Modi is weakened by the downfall of billionaire Gautam Adani's empire.

The Street

Unmasking India's crony capitalist oligarchy

The recent accounting fraud and stock manipulation allegations against multi-billionaire Gautam Adani made by Hindenburg Research, a New York-based short-selling firm, has startled the financial world. The episode is a necessary reality check for those who are expecting India's star to burn brighter in the global economic firmament as China's…

Bangkok Post

Why not JPC in Hindenburg Adani row: Jairam Ramesh after Centre's reply in SC

Congress leader Jairam Ramesh on Monday took a swipe at the Centre over its reply in the Supreme Court regarding appointing a committee in connection with the Hindenburg's report on Adani Group, and questioned the government on why it was not agreeing to a joint parliamentary committee (JPC).

Dynamite News

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Billionaire Adani's Tanking Empire Dreams Less

A new batch of bad news has hit the Indian tycoon's conglomerate, which has been plagued by fraud allegations from a short-seller.

The Street

Budget Session: Kharge Calls Opposition Meeting Tomorrow To Chalk Out Floor Strategy

Congress president and Leader of Opposition in Rajya Sabha Mallikarjun Kharge has called a meeting of "like-minded" opposition parties on Monday. Read further on Dynamite News:

Dynamite News

Adani faces fresh risk as MSCI examines free float of its stocks

India's Adani Group faced fresh concerns on Thursday after financial index provider MSCI said it was reviewing the free float designation of some of its companies' securities.

Reuters

Adani Row: SC To Hear Petition Seeking Probe Into Hindenburg Research Report

Supreme Court will hear on Friday a plea seeking a direction to the Centre to constitute a committee to investigate the Hindenburg Research report on Adani Group. Read further on Dynamite News:

Dynamite News

Who is Gautam Adani and why is he controversial?

The Indian entrepreneur has seen his wealth plummet after a research firm accused him of ‘brazen stock manipulation’.

Al Jazeera

Indian Billionaires Defend Country After Adani Empire Debacle

Adani Group is the center of allegations of fraud and stock-price manipulation launched by the short-seller Hindenburg Research.

The Street

Delhi: Youth Congress Stages Protest Over Adani Issue At Jantar Mantar

Members of the Indian Youth Congress held a protest over Adani stocks issues at Jantar Mantar on Monday. Read further on Dynamite News:

Dynamite News

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Crikey

What does Adani’s downfall tell us about the Indian economy?

Concerns over the billion-dollar company have put the spotlight on the relationship between Gautam Adani and Indian Prime Minister Narendra Modi.

inkl Originals

The Weekly Wrap for Saturday, 4 February 2023

Asia's richest man has watched a quarter of his fortune evaporate in a week. An industrial empire is teetering. And it's all because of one teeny-weeny little memo.

Fortune

The Adani Group lost $118 billion in value in 10 days. Here’s how it happened in charts

Adani Group shares are in freefall following the release of a report from Hindenburg Research alleging stock manipulation and fraud.

AFP

India's Adani denies rise due to Modi as shares fall again

Mumbai (AFP) - Beleaguered Indian tycoon Gautam Adani denied Friday that his rise to become Asia's richest man -- a title he has lost in a phenomenal stock rout -- was due to Prime Minister Narendra Modi, as shares in his conglomerate fell again.

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news in one place.

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Dynamite News

Budget Session: Both Houses Of Parliament Adjourned Till 6 February

Both Lok Sabha and Rajya Sabha have been adjourned till 11 am 6 February amid a ruckus over the Adani row. Read further on Dynamite News:

The Guardian - AU

Adani crisis: Indian group has value cut in half after stock market rout

Traders sent shares down more than 25% on Friday despite attempts to restore investor confidence following fraud claims

AFP

India's Adani denies rise due to Modi as shares slump again

AFP

Adani Enterprises shares suspended as price slumps again

Mumbai (AFP) - Shares in the flagship firm of beleaguered Indian tycoon Gautam Adani were repeatedly suspended on Friday as a rout triggered by allegations of accounting fraud deepened.

The Conversation

Short selling Adani: how an obscure US firm profited from triggering the Indian giant's price plunge

A few weeks ago, Gautam Adani was indisputably India’s richest man.

The Street

Billionaire Adani's Empire Loses $107 Billion

The crisis of confidence shaking the Indian conglomerate worsens day by day.

The Street

Losses of Billionaire Adani's Empire Rise to $107 Billion

The crisis of confidence shaking the Indian conglomerate worsens day by day.

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