“Even if you ignore the findings of our investigation and take the financials of Adani Group at face value, its 7 key listed companies have 85% downside purely on a fundamental basis owing to sky-high valuations,” Hindenburg said.

Source: https://nypost.com/2023/01/25/short-seller-accuses-gautam-adani-of-largest-con-in-corporate-history/

Had there been no hanky-panky, would’nt Hindenburg has explored legal remedies against this action.

Source: http://southasiajournal.net/the-adani-saga-and-the-politics-behind-it/

Hindenburg also pointed to Cash App’s lack of oversight over “unbanked” customers, many of whom allegedly use the service for criminal or illicit activity.

Source: https://qz.com/hindenburg-block-jack-dorsey-money-laundering-fraud-1850256790

Hindenburg said it “found Adani’s lack of direct and transparent answers” on the allegations of use of offshore entities “telling”.

Source: https://thefrontierpost.com/adani-hits-back-at-hindenburg-says-it-made-all-disclosures/

Hindenburg said it held its short positions through U.S.-traded bonds and non-Indian-traded derivative instruments.

Source: https://gazette.com/news/us-world/hindenburg-shorts-indias-adani-group-flags-debt-and-accounting-concerns/article_dc208232-83a4-5919-84b6-04a8ef9abc45.html

India's markets regulator has confirmed that it is investigating allegations made by Hindenburg Research against companies owned by multi-billionaire Gautam Adani.

Source: https://www.bbc.co.uk/news/business-64633419?at_medium=RSS&at_campaign=KARANGA

Investors began unloading shares after Hindenburg Research issued a report that said it was betting against shares in companies in the Adani empire.

Source: https://financialpost.com/pmn/business-pmn/adani-group-mulls-suing-us-short-seller-for-fraud-claims

It's perhaps most famous for a 2020 report on Nikola, a company in the electric-vehicle industry whose founder Hindenburg said made misleading claims to ink partnerships with top auto companies hungry to catch up to Tesla.

Source: https://www.gjsentinel.com/news/us/what-is-hindenburg-research-firm-accusing-adani-of-fraud/article_d0f6d71e-4100-52f2-a5bb-cb534a22d98c.html

Last week, Hindenburg said it had “uncovered evidence of brazen accounting fraud, stock manipulation and money laundering at Adani, taking place over the course of decades.”

Source: https://nypost.com/2023/01/30/adani-group-sheds-68b-in-value-despite-413-page-rebuttal-to-short-seller/

Shares in Adani Enterprises, often described as the incubator of Adani businesses, plunged 28% on Wednesday, bringing its losses since the Hindenburg report to more than $18 billion.

Source: https://gazette.com/news/us-world/adani-loses-asias-richest-crown-as-stock-wipeout-reaches-86-billion/article_6acc52da-1759-5df5-ac7d-7a0ed1f18a26.html

Short-seller Hindenburg accuses corporate raider Carl Icahn of a “ponzi-like” corporate setupfortune.

Source: https://biztoc.com/x/4002d69ec607589f?ref=ff

The apex court was hearing a batch of pleas in connection with the Hindenburg report controversy.

Source: https://ummid.com/news/2023/february/18.02.2023/sc-says-a-firm-no-to-centres-sealed-cover-on-probe-into-adani-hindenburg-case.html

The Budget session of Parliament will resume from Monday and the opposition is preparing to corner the Central government on various issues, including Hindenburg report on Adani, inflation and hike in petroleum product prices, and growing unemployment.

Source: https://www.canindia.com/want-discussion-on-burning-issues-in-parliament-kharge-to-dhankhar/

The development comes amid the ongoing row over the Hindenburg Research accusation against the Adani Group of using tax havens and flagged debt concerns in a report.

Source: https://pragativadi.com/adani-group-scraps-fpo-of-shares-worth-rs-20000-cr-investors-to-get-refund/?utm_source=rss&utm_medium=rss&utm_campaign=adani-group-scraps-fpo-of-shares-worth-rs-20000-cr-investors-to-get-refund

The FPO sailed through despite a scathing report by US-based short-seller, Hindenburg, that pummeled stocks in Adani group companies.

Source: https://pragativadi.com/interest-of-investors-paramount-gautam-adani-after-calling-off-fpo/?utm_source=rss&utm_medium=rss&utm_campaign=interest-of-investors-paramount-gautam-adani-after-calling-off-fpo

The huge conglomerate was accused of decades of "brazen" stock manipulation and accounting fraud by US-based short-seller Hindenburg Research earlier this year.

Source: https://www.bbc.co.uk/news/world-asia-india-65074804?at_medium=RSS&at_campaign=KARANGA

The inventory, which was reported in year-end financials, completely vanished from Tingo’s Q1 2023 accounts without explanation, reported Hindenburg.

Source: https://malawi24.com/2023/06/08/muluzi-meets-nigerian-billionaire-accused-of-fraud/

The research report, Hindenburg said, was based on an investigation across two years that involved speaking with dozens of individuals, including former Adani Group executives as well as a review of documents.

Source: https://www.aljazeera.com/economy/2023/1/25/hindenburg-shorts-indias-adani-citing-debt-accounting-concerns

The result was the Hindenburg Linea military marvel of awesome defensive impregnability.

Source: https://original.antiwar.com/david_stockman/2023/08/16/how-woodrow-wilson-set-the-stage-for-wwii/

The share of Adani Enterprises, which was at Rs 3436.35 on January 23, fell to Rs 1017.45 by February 27 following the release of the Hindenburg report against the Adani group on January 24.

Source: https://www.siasat.com/fall-and-rise-of-shares-of-adani-enterprises-groups-other-firms-in-2023-2945811/