Jan 24, 2023 · Today we reveal the findings of our 2-year investigation, presenting evidence that the INR 17.8 trillion (U.S. $218 billion) Indian conglomerate Adani Group has engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades.

Jan 16, 2025 · Hindenburg Research, the U.S. investment research firm famed for its aggressive short-selling strategies, has officially shut down, founder Nate Anderson said on January 15. The firm gained global attention for its critical reports on Indian billionaire Gautam Adani, which wiped billions of dollars off his companies’ market value.

Feb 4, 2025 · Hindenburg had alleged that Adani Group had used a web of companies in tax havens to inflate its revenue and manipulate stock prices, even as debt piled up. The conglomerate vehemently denied all claims but the damning report at one point sheared over USD 150 billion off its value, losses it eventually recouped in over a year's time. ...

Jan 3, 2024 · An 18-month battle between Hindenburg Research and India's Adani Group has taken a fresh turn with the U.S. based short-seller alleging over the weekend that the chief of the country's market...

Jan 16, 2025 · The US-based short-selling firm that was behind reports that wiped out tens of billions from the market value of Adani Group, Hindenburg Research is finally shutting shutters. Here is a look at...

Jul 6, 2024 · Hindenburg accused Indian business magnate Gautam Adani in 2023 of pulling off the "largest con in corporate history." It was the result of a two-year-long investigation, which...

Jul 2, 2024 · Eighteen months on, Adani — who has denied any wrongdoing — has largely recovered from the broadside and the tiny US short seller has revealed how much it made betting against the Indian...

6 days ago · According to Anderson, Hindenburg’s investigation into Adani Group stemmed from "red flags" highlighted in media reports, leading to a deeper examination of the conglomerate's operations. The report, which alleged the use of tax havens to inflate revenues and manipulate stock prices, triggered a massive drop in Adani Group's stock value by ...

Aug 14, 2024 · A year and a half after its January 2023 report on the Adani Group, US-based short seller Hindenburg Research has levelled allegations against the chairperson of India’s capital markets regulator Securities and Exchange Board of India (Sebi).

Aug 12, 2024 · Billionaire Gautam Adani has rejected new claims by Hindenburg Research that the Indian regulator investigating his business empire can't be trusted.