E-PaperAdani V. Hindenburg: The Short Selling Saga News
Mint Explainer: Hindenburg’s latest salvo against Sebi and Adani—and Kotak
India’s market regulator sent a 46-page show-cause notice dated 26 June to Hindenburg and Kingdon Capital Management alleging that Hindenburg had violated Indian regulations, including inadequate disclosures on how it traded and profited.
4 min read2 Jul 2024Kotak, caught in Adani-Hindenburg storm, says wasn’t aware of manipulative trade
Kotak Mahindra Bank learnt about the association between Hindenburg Research and Kingdon Capital after the short-seller posted a copy of Sebi’s show cause notice on its website on Tuesday, clarifies the bank’s unit
4 min read2 Jul 2024Hindenburg Research responds to SEBI on Adani show cause notice: Five key points of defence
Hindenburg Research hits back on SEBI show cause notice: ’To this day, Adani has failed to address our report’s allegations, ignored every key issue raised, but instead offered blanket denials of subsequent media allegations.’ Check the top 5 key points of defence.
12 min read2 Jul 2024Adani-Hindenburg Case: Kotak Bank created, oversaw fund used to bet against Adani, claims US short-seller
Kotak Bank, one of India’s largest banks and brokerage firms founded by Uday Kotak, which created and oversaw the offshore fund structure used by our investor partner to bet against Adani, Hindenburg Research said.
2 min read2 Jul 2024Hindenburg gets letter from Indian regulator about Adani short bet
ADANI-INDIA-HINDENBURG-SEBI:Hindenburg gets letter from Indian regulator about Adani short bet
1 min read2 Jul 2024A year since Hindenburg firestorm, where do Adani stocks stand?
Most of the port-to-cement conglomerate’s stocks are yet to fully recover from Hindenburg report setback. Share prices of six of the nine group companies are trailing the prices they saw before the release of the report.
1 min read25 Jan 2024Adani flagship erases all stock losses spurred by Hindenburg
Shares of Adani Enterprises Ltd., the flagship of Indian billionaire Gautam Adani’s group, have erased all the losses inflicted by a scathing short-seller report in early 2023, after the conglomerate cut debt and landed major projects.
1 min read24 May 2024Adani, a Year Later: Investors Are Embracing India’s Humbled Champion
Things are looking up for Indian infrastructure giant Adani Group, raising questions over whether investor memories are too short.
3 min read1 Feb 2024Adani puts Hindenburg behind with a $3-billion fundraising plan
At least 40% of this fundraise might be raised through equity sales, while the rest will be fulfilled via debt
5 min read29 Jan 2024Adani-Hindenburg: The apex court has endorsed regulatory independence
The SC verdict backs our regulatory system and reinforces public trust in Indian institutions. Regulators must fulfil their mandates within the context of our fast-emerging economy’s needs.
3 min read5 Jan 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared