Tue, Aug 13, 2024
PTI quoted Sarma as saying, "If the accusations made by Hindenburg are factually found to be correct, all investigations conducted during the last few years by the stock market regulator on external manipulation of stock market indices by a few corporate entities through their benami agencies need to be subject to a re-investigation."
More >
Wed, Jan 03, 2024
Adani-Hindenburg Case Verdict: The top court said that the allegations against the group have already been rejected by itself and the Customs, Excise & Services Tax Appellate Tribunal (CESTAT).
Tue, Aug 29, 2023
An investigation of India's Adani group by the market regulator has uncovered violations of rules on disclosures by listed entities and limits on the holdings of offshore funds, two sources with direct knowledge of the matter said.
Wed, Mar 22, 2023
Adani lost Rs 3,000 crore of wealth every week over the last year and his overall networth is down 60 per cent from its peak, as per the M3M Hurun Global Rich List, which pegged Adani's overall fortune at USD 53 billion as of mid-March.
Mon, Mar 13, 2023
The nine listed companies forming part of Adani Group witnessed a decline of around 60 per cent of market capitalization from January 24, 2023, till March 01, 2023 subsequent to the report published by Hindenburg.
Sun, Mar 05, 2023
The funds -- Elara India Opportunities Fund, Cresta Fund, Albula Investment Fund and APMS Investment Fund -- have been under cloud for last couple of years after allegations that they may be shell companies.
Fri, Mar 03, 2023
The decision to downgrade the outlook is on account of the deterioration in the Adani Group's financial flexibility, following a sharp decline in share prices and an increase in the yield of international bonds raised by group entities in the wake of the Hindenburg report.
Fri, Feb 17, 2023
Soros, 92, stoked controversy during a speech ahead of the Munich security conference, saying the turmoil engulfing Gautam Adani's business empire that has 'shaken' the faith in India as an investment opportunity.
Adani-Hindenburg Saga: On February 10, the top court had said the interests of Indian investors need to be protected against market volatility in the backdrop of the Adani Group stock rout and asked the Centre to consider setting up a panel of domain experts headed by a former judge to look into strengthening the regulatory mechanism.
Thu, Feb 16, 2023
Adani group has been under pressure since the Hindenburg Research on January 24 accused it of accounting fraud and stock manipulation, allegations that the conglomerate has denied as "malicious", "baseless" and a "calculated attack on India".
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
