Page 2 - Dharmesh Doshi News Today

In the Supreme Court, Centre said it was open to suggestion for constituting a committee of domain experts to protect investors’ interests in backdrop of Hindenburg Research report on Adanis

In the eighth instalment of questions under the series, Hum Adani Ke Hai Kaun (HAHK),

In the Supreme Court, Centre said it was open to suggestion for constituting a committee of domain experts to protect investors’ interests in backdrop of Hindenburg Research report on Adanis

Were talking about Elara Capital (India) Private Limited, a subsidiary of London-based investment firm Elara Capital, and Monarch Networth Capital, an Indian brokerage firm -- both companies have been named as book runners or underwriters, as per the red herring prospectus filed with the exchanges by Adani Enterprises.  -- aaa

Gautam Adani published a 413-page rebuttal after allegations of fraud by short seller Hindenburg Research erased $51 billion of his flagship firm’s market value. Some 65 of the 88 questions posed by Hindenburg are based off Adani’s public disclosures and the conduct of the American short seller “is nothing short of a calculated securities fraud under applicable law,” Adani

Allegations against the Indian conglomerate are a reminder that share markets operate on the assumption that big companies don’t engage in serious misconduct.

Hindenburg Research's report on Adani Group, providing evidence on how the group has engaged in fraud scheme.

What does the short-seller’s report mean for Adani’s plans to grow through international bonds?