, calling the short seller’s investigation of the ports-to-power conglomerate “a calculated attack on India.” Hindenburg Research released a report on billionaire Gautam Adani’s business last week, accusing it of “brazen stock manipulation and accounting fraud scheme over the course of decades.” It said it had taken a short position in the Adani Group’s companies, meaning it would benefit from a drop in their value.
“This is not merely an unwarranted attack on any specific company but a calculated attack on India, the independence, integrity and quality of Indian institutions, and the growth story and ambition of India,” it said. Hidenburg had concluded its report last week with 88 questions for the Adani Group. These ranged from asking for details on the group’s offshore entities, to why it has “such a convoluted, interlinked corporate structure.
Short seller “Hindenburg Group” had “88 questions”. Yeah that’s not at all shady.
FRAUD ADANI , FRAUD AMBANI , & THEIR BOSS IS FATHER OF ALL FRAUDS - MODI
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
India's Adani Group CFO says stocks rout similar to colonial-era massacreIndia's Adani Group has said a U.S. short-seller's report on the business house was a 'calculated attack' on the country and its institutions while a senior executive has compared a rout of its stocks with a colonial-era massacre. Adani proving they are complete rogues then. Any relationship with INFOSYS? He is losing his job and his mind 🤣 Company mei dramebaaz log zayada hai adani ke
Source: Reuters - 🏆 2. / 97 Read more »
Adani Enterprises shares rise but other group stocks plunge after short-seller attackShares in India's Adani Enterprises rose as much as 9.5% on Monday but those of several other group companies plunged for the third straight day, extending their losses after a U.S. short-seller's report that criticised the group. If the group has been taking the fake route all these days to mint money from public then it is clear that even this increasing share price is another fact that makes HindenburgRes report true. LIC DII are pumping into it Adani enterprise have large property around the world ports and airport
Source: Reuters - 🏆 2. / 97 Read more »
Adani group's market loss swells to $65 billion in short-seller attack aftermathMost Adani group shares extended their sharp falls to Monday as a detailed rebuttal of a U.S. short-seller's criticisms by the Indian conglomerate failed to pacify investors whose market losses have now risen to $65 billion over three days. Overnight riches often see this Is he all right Super. He is a fraud.
Source: Reuters - 🏆 2. / 97 Read more »
Adani Group: Hindenburg report intended to create false marketIndia's Adani Group said on Sunday that a Jan. 24 report by short seller Hindenburg Research that led to a $48 billion rout in its stock was intended to create a false market to enable the short seller to book gains. Lmfao Hidenburg short sellers hai paise kama liye Ab use koi fark nai padta Western countrys ka hamaesa aisa rule raha hai every thief says they didnt so it. Adani following same route.
Source: Reuters - 🏆 2. / 97 Read more »