Founder Nathan Anderson cited the toll of the ‘rather intense, and at times, all-encompassing’ nature of the work as the reason for his decision to disband the firm.
Hindenburg issued a response to a show-cause notice from India’s market regulator. Both documents contain new findings on several aspects of the short-seller’s Jan 2023 report on Adani Group.
Adani Group stocks rose at an average of 7.8% Monday, while Sensex rose 3.4%. The group has recovered all losses in value since the Hindenburg report came out in January 2023.
Months after allegations by Hindenburg Research, US Attorney’s Office, Securities and Exchange Commission has sent inquiries to investors with large holdings, according to Bloomberg report.
According to 'Burgundy Private Hurun India 500-Special Report’, Adani Group saw its market value nosedive by Rs 10.25 lakh crore. Tata topped the list of most valued industrial groups.
SEBI has sought 6 months' extension to probe allegations against Adani by Hindenburg Research, saying it wants to avoid any 'incorrect, premature or legally untenable conclusion'.
Adani Group had the opportunity to disprove and discredit the report. The fact that they failed to only reaffirms the veracity of Hindenburg’s findings.
Trigger could be news that Credit Suisse won't accept Adani bonds as collateral for loans. Gautam Adani says not ‘morally correct’ to continue with FPO amid stock price volatility.
UCBs accounted for 1.8% of total industry credit in September 2025—down from 2.2% five yrs ago—showing that they are losing ground to faster PSU banks.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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