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Tuesday, April 23, 2024
TopicHindenburg report

Topic: Hindenburg report

Gautam Adani defends group’s governance, slams Hindenburg for ‘malicious attempt’ to tarnish image

Shares of Adani Group companies are still down around $100 billion after the short-seller's report alleged improper use of tax havens and concerns over its debt levels.

Instead of mandating MPS norms, SEBI should look at why promoters don’t like going to market

If India wants access to global capital, then the rules in India cannot be orders of magnitude more stringent than their global counterparts.

Finance ministry ‘stands by reply’ on SEBI probe into Adani Group, refutes claims of ‘cover up’

This was in response to tweet by Congress's Jairam Ramesh who said ministry & SEBI's statements were 'misleading Parliament'. SEBI has said it hasn't probed any Adani company since 2016.

Adani Group’s JV in talks for first dollar loan since Hindenburg, reports Bloomberg News

Data centre provider AdaniConneX, a joint venture with Virginia-based EdgeConneX, will use the money for capital expenditure, with a five year tenor under discussion, the report said.

After Adani, Hindenburg puts out report alleging Jack Dorsey’s firm Block engaged in fraud

The Hindenburg Research report also claimed Block ‘wildly overstated’ genuine user counts and ‘understated’ customer acquisition costs for years.

3 reasons Congress thinks its campaign against Adani will work better than ‘Chowkidaar Chor Hai’

Congress believes Adani issue can lead to more such charges, that its campaign will split the corporate world & draw a section towards Congress, and will help them woo small traders.

Debt is out, equity’s new game in town post-Hindenburg. Where it leaves Modi govt mega-projects

India needs broader base of 'national champions'. There is no wiggle room for investing more public money without fiscal maths going wrong, so some projects may have to be re-visited.

Month after Hindenburg report, Adani stock fall shows short seller’s findings could have been right

In 24 January report, Hindenburg Research said stocks of Adani Group’s 7 listed companies 'are 85% overvalued'. At least 3 of these have since seen their stock price fall by almost that amount.

‘Hindenburg report on Adani Group saved our livelihoods,’ say truckers in India

Around 7,000 truck owners and drivers in Himachal Pradesh are protesting against Adani's 15 December decision to shut 2 cement plants over a dispute on freight rates.

Adani-Hindenburg: SC wants ‘full transparency’, rejects Centre’s ‘sealed cover’ plan for panel

Last Friday, the top court suggested an expert panel be formed to reassess existing SEBI regulations, and how to better protect investors.

On Camera

Influencer is a real job. They are shaking up the internet

The reach and impact of influencers are so significant that even politicians such as Prime Minister Narendra Modi have recognised their value—the National Creators Award is proof.

Economists vs statisticians — the battle being fought over the soul of India’s GDP data

Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.

‘No brides for Agniveers’: In Rajasthan’s ‘Shaheedon ki nagri’, few takers for defence coaching centres

Coaching centres for Army aspirants in Jhunjhunu are shutting down due to plummeting admissions in the face of a lack of job guarantees under Agnipath Scheme.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.