| Date | Title | Description |
| 31.10.2024 | Super Micro Computer Faces Turbulence as Ernst & Young Resigns | Super Micro Computer is in hot water. The resignation of Ernst & Young (EY) as its auditor has sent shockwaves through the tech industry. Shares plummeted over 30%, igniting fears about the company's financial integrity. Once a darling ... |
| 30.10.2024 | Super Micro Computer says Ernst & Young resigns as auditor, shares tank | TechnologySuper Micro Computer says Ernst & Young resigns as auditor, shares tank
By ReutersOctober 30, 20245:23 PM UTCUpdated ago
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| 30.10.2024 | Super Micro Computer says Ernst & Young resigns as auditor, shares tank | :Super Micro Computer said on Wednesday Ernst & Young had resigned as its auditor, sending its shares tumbling more than 30 per cent and deepening investor worries about accounting practices at the artificial intelligence server maker.
... |
| 14.10.2024 | Кибертакси Илона Маска, а также новые законы от бешеного принтера | Все самые важные и интересные финансовые новости в России и мире за неделю: доллар по 97 рублей, налог на бездетность, конфискации у эмигрантов, отягчающее гражданство, Unilever ушел из России, кровная месть за Wildberries, РКН прокачал зам... |
| 09.10.2024 | Adani Green Subsidiaries to Raise Up to $1 Billion Through Dollar Bonds The bonds will have a 20-year maturity and will be issued in one or more tranches, with the process set to begin this month | In a significant financial move, four subsidiaries of Adani Green Energy are planning to raise up to $1 billion by issuing U.S. dollar-denominated bonds. The subsidiaries involved in the bond issuance include Adani Hybrid Energy Jaisalmer O... |
| 08.10.2024 | Hindenburg Research shorts Roblox, alleging inflated metrics | TechnologyHindenburg Research shorts Roblox, alleging inflated metrics
By ReutersOctober 8, 20241:34 PM UTCUpdated ago
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| 08.10.2024 | Hindenburg Research обвинила Roblox в завышении статистики и пренебрежении безопасностью детей | Hindenburg Research обвинила Roblox в завышении статистики и введении инвесторов в заблуждение. Согласно отчёту аналитиков Hindenburg, Roblox «постоянно завышает количество людей на своей платформе на 42% и более». Кроме того, игровую платф... |
| 26.09.2024 | US Justice Department probes Super Micro Computer, WSJ reports | :The U.S. Department of Justice is investigating Super Micro Computer, the Wall Street Journal reported on Thursday, citing people familiar with the matter, sending the AI server maker's shares down about 5 per cent.
Super Micro Computer ha... |
| 26.09.2024 | US Justice Department probes Super Micro Computer, WSJ reports | TechnologySocial Impact
Regulatory Oversight
US Justice Department probes Super Micro Computer, WSJ reports
By ReutersSeptember 26, 20244:47 PM UTCUpdated ago
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| 23.09.2024 | Super Micro: что произошло с крупнейшей IT-компанией после громкого отчета Hindenburg Research? | Лого Super Micro
Фирма, которую до недавнего времени считали одним из лидеров в сфере производства аппаратного обеспечения, была основана в 1993 году в городе Сан-Хосе (США).
Уже через год треть компаний-производителей систем в Северной Аме... |
| 16.09.2024 | Carl Icahn welcomes dismissal of Icahn Enterprises lawsuit, not selling shares | LitigationPetrochemicals
Refining
Carl Icahn welcomes dismissal of Icahn Enterprises lawsuit, not selling shares
By Jonathan StempelSeptember 16, 20241:47 PM UTCUpdated ago
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| 15.09.2024 | iLearningEngines: A Double-Edged Sword in the AI Landscape | In the fast-paced world of technology, partnerships can be a lifeline or a trapdoor. iLearningEngines, a company specializing in AI-powered learning and work automation, recently announced a strategic partnership with Exult Global. This col... |
| 13.09.2024 | Swiss authorities freeze $310 million allegedly linked to front man of Adani group; Adani Group rejects allegations | Swiss authorities have frozen more than $310 million in funds across multiple Swiss bank accounts as part of money laundering allegations into Adani Group, US-based short seller Hindenburg Research claimed citing a media report - a charge t... |
| 12.09.2024 | Rosen Law Firm Encourages iLearningEngines, Inc. Investors to Inquire About Securities Class Action Investigation - AILE | NEW YORK, Sept. 12, 2024 /PRNewswire/ --
Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of iLearningEngines, Inc. (NASDAQ: AILE) resulting from allegati... |
| 12.09.2024 | Swiss authorities freeze more than $310 million linked to Adani Group in money laundering probe: Report | In January 2023, Hindenburg accused Adani Group of using tax havens to sidestep local market regulations
Swiss authorities have frozen more than $310 million across multiple Swiss bank accounts as part of an ongoing money laundering investi... |
| 05.09.2024 | Rosen Law Firm Encourages iLearningEngines, Inc. Investors to Inquire About Securities Class Action Investigation - AILE | NEW YORK, Sept. 5, 2024 /PRNewswire/ --
Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of iLearningEngines, Inc. (NASDAQ: AILE) resulting from allegatio... |
| 03.09.2024 | AI server maker Super Micro denies short-seller Hindenburg's claims | Super Micro Computer on Tuesday denied claims made by short-seller Hindenburg Research in its report last week and said it contained "false or inaccurate statements" about the AI server maker.
In its first comments on the allegati... |
| 29.08.2024 | Super Micro: A Tale of Two Futures | Super Micro Computer, a titan in the AI server landscape, finds itself at a crossroads. On one side, innovation and promise. On the other, scrutiny and uncertainty. The company recently delayed its annual report, sending shockwaves through ... |
| 29.08.2024 | Rosen Law Firm Encourages iLearningEngines, Inc. Investors to Inquire About Securities Class Action Investigation - AILE | NEW YORK, Aug. 29, 2024 /PRNewswire/ --
Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of iLearningEngines, Inc. (NASDAQ: AILE) resulting from alle... |
| 29.08.2024 | SEBI Focussed On Expediting IPO Applications, Ensuring Ease Of Compliance Reporting: Madhabi Puri Buch | SUMMARY
SEBI has been meticulously tracking the overall ageing and pendency of the IPO applications since March 2022 and over the last 12 quarters, the total number of IPO papers pending has dramatically declined, said Buch
Buch, who made h... |
| 28.08.2024 | The AI Arms Race: Wipro and Dell Forge Ahead While Super Micro Faces Scrutiny | In the fast-paced world of technology, partnerships can be as crucial as competition. Recently, Wipro and Dell Technologies announced a significant collaboration aimed at integrating the Dell AI Factory into Wipro's Enterprise AI-Ready Plat... |
| 28.08.2024 | Super Micro delays annual filing one day after short-seller criticism, shares plunge | :AI server maker Super Micro Computer delayed the filing of its annual report, citing a need to assess "its internal controls over financial reporting," sending shares down 25 per cent in heavy trading on Wednesday.
The delay come... |
| 28.08.2024 | Rosen Law Firm Encourages Super Micro Computer, Inc. Investors to Inquire About Securities Class Action Investigation - SMCI | NEW YORK, Aug. 28, 2024 /PRNewswire/ --
Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Super Micro Computer, Inc. (NASDAQ: SMCI) resulting from ... |
| 27.08.2024 | Hindenburg takes aim at AI server maker Super Micro with short position | :Hindenburg Research on Tuesday disclosed a short position in Super Micro Computer and alleged "accounting manipulation" at the AI server maker, the latest by the short seller whose reports have rocked several high-profile compani... |
| 19.08.2024 | The Ripple Effect of Financial Scrutiny: Hindenburg Research's Impact on High-Profile Investors | In the world of finance, shadows often loom large. The recent scrutiny by Hindenburg Research has cast a spotlight on two prominent figures: the Adani Group and billionaire investor Carl Icahn. Their stories reveal a complex web of offshore... |
| 19.08.2024 | Icahn settles with US SEC over alleged disclosure failures | LitigationSecurities Enforcement
Regulatory Oversight
Petrochemicals
Refining
Icahn settles with US SEC over alleged disclosure failures
By Douglas GillisonAugust 19, 20244:06 PM UTCUpdated ago
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| 14.08.2024 | Offshore fund named in Hindenburg report not based out of Mauritius: FSC | The Mauritius financial market regulator, the Financial Services Commission has clarified that the offshore fund at the heart of contention of the Hindenburg Research targeting SEBI chief and Adani Group is not domiciled in Mauritius.
The r... |
| 12.08.2024 | Hindenburg Claims India Regulator Chief Had Stake in Adani Offshore Funds
Mumbai Metro Line 11 Geotechnical Survey Progresses
Kolkata Metro Unveils Dalian Rake with Enhanced Features
Chandigarh BJP Pu... | ECONOMY & POLICY Hindenburg Claims India Regulator Chief Had Stake in Adani Offshore Funds
12 Aug 2024 2 Min Read CW Team
US-based short-seller Hindenburg Research alleged on Saturday that Madhabi Puri Buch, the head of India's market r... |
| 30.07.2024 | Adani Enterprises preparing to launch QIP later this month | Adani Enterprises, the flagship of the Adani Group, will be launching its qualified institutional placement later this month or early next month to raise anything from ₹6000 to ₹10,000 crore, the size of the issue depending on the investor ... |
| 24.07.2024 | Temenos lowers full-year guidance after impact of short seller report | :Swiss banking software firm Temenos lowered its guidance for 2024 on Tuesday, citing its half-year performance which was impacted by a short seller report by Hindenburg Research.
“While we did benefit from all the delayed Q1-24 deals signi... |
| 26.06.2024 | Adani CFO Deems Regulator Notices Trivial
Eicher rolls out 50,000th fully-built bus
Minister: Bhubaneswar-Cuttack metro rail project to continue
Maruti Ispat & Pipes unveils a new brand | ECONOMY & POLICY Adani CFO Deems Regulator Notices Trivial
26 Jun 2024 3 Min Read CW Team
Adani Group CFO Jugeshinder Singh has characterized several regulatory notices from the Securities and Exchange Board of India (Sebi) as trivial, ... |
| 24.05.2024 | Adani Group mcap rises to Rs 17.5 trn, highest since Hindenburg incident | - |
| 24.04.2024 | Jean-Pierre Brulard Steps in as Temenos CEO Following Hindenburg Allegations | - |
| 17.04.2024 | Гаутам Адани вкладывает еще $1 млрд в увеличение доли в производителе цемента Ambuja Cements | Таким образом, общая сумма вложений семьи Адани с момента приобретения компании в 2022 году составила 200 миллиардов рупий, что помогло поднять их долю до 70,29%.
Стремление премьер-министра Нарендры Моди модернизировать слабую инфраструкту... |
| 16.04.2024 | Temenos Claims Its Independent Review Debunks Hindenburg Allegations | - |
| 10.04.2024 | DXYZ and the closed-end fund puzzle | For proof that markets are inefficient, you don't need to look much further than closed-end funds, and other vehicles that behave like them.
Why it matters: When markets are frothy, you'll sometimes see investors paying dollars for dimes. M... |
| 31.03.2024 | Soup to nuts | This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in.
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Even after everything I'd learned about Chicken Soup for the Soul, I still ended up ugly-cryi... |
| 22.03.2024 | Lordstown Motors’ ousted CEO settles with SEC for misleading investors | Steve Burns, the ousted founder, chairman and CEO of bankrupt EV startup Lordstown Motors, has settled with the U.S. Securities and Exchange Commission over misleading investors about demand for the company’s flagship all-electric Endurance... |
| 18.12.2023 | Nikola founder Trevor Milton sentenced to 4 years in prison for defrauding investors | The disgraced founder of Nikola, Trevor Milton, has been handed a four-year prison sentence following his conviction for defrauding investors in October 2022. In a rather unusual courtroom scene, Milton, in an attempt to avoid the prison te... |
| 18.12.2023 | Nikola Corp founder gets 4 years prison for exaggerating claims on zero-emission trucks | The founder of Nikola Corp. was sentenced Monday to four years in prison for his conviction for exaggerating claims about his company's production of zero-emission 18-wheel trucks, causing investors to lose hundreds of thousands of dollars.... |
| 16.11.2023 | Tech billionaire Michael Dell mocks old foe Carl Icahn about his holding company's plunging stock price | Tech billionaire Michael Dell jabbed at his old rival Carl Icahn this week.
Dell mocked Icahn Enterprises' plunging stock price in a post on X.
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Michael Dell took a shot at his old foe Carl Icahn Tuesday, mocking the investing ... |
| 02.09.2023 | US investor GQG Partners buys stake for Rs 1,527 crore in IDFC First Bank | US investor GQG Partners, which has been continuously investing in Adani Stocks, has acquired a 2.58% stake in Indian private sector bank IDFC First Bank for Rs 1,527 crore through a block deal on Friday, September 1, 2023.
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| 01.09.2023 | Tingo Group waves aside Hindenburg allegations as it announces ~$1 billion in H12023 revenue | As it declared sales of $977 million in the first half of 2023, Tingo Group said it relied on an investigation by its outside counsel “and further investigative work of its own,” to declare itself innocent of allegations leveled by Hindenbu... |
| 21.08.2023 | Hidden investors took over Corizon Health, a leading prison healthcare company. Then they deployed the Texas Two-Step. | Redeem now
Hector Garcia, a father of four, collapsed three days into his six-day sentence at the Doña Ana County Detention Center, in Las Cruces, New Mexico. When a corrections officer found him, the former baker was crawling on the floor,... |
| 08.08.2023 | Short-seller Hindenburg has fueled a massive wealth wipeout for 3 of the world's richest men this year | Short-seller Hindenburg Research has targeted three of the world's wealthiest men this year.
It's made high-profile bets against Adani Group, Block, and Icahn Enterprises.
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Short-seller Hindenburg Research's big bets against Ad... |
| 07.08.2023 | Insurtech company Clover Health avoids stock delisting | Photo: William Geddes/Getty Images |
| 04.08.2023 | Embattled activist investor Carl Icahn's firm plunges 30% after halving shareholders' payouts | Shares in Carl Icahn's firm Icahn Enterprises plunged 30% Friday.
Those losses came after it said it would halve the amount it pays out to shareholders.
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Embattled activist Carl Icahn's nightmarish 2023 continued Friday as shar... |
| 10.07.2023 | Carl Icahn gets breathing room from banks after short seller Hindenburg’s attack | More On: carl icahn
World’s richest people have become $852B wealthier in 2023 Shares of Carl Icahn’s hedge fund drop 25% after attack from rival Bill Ackman Bill Ackman reignites feud with nemesis Carl Icahn after scathing Hindenburg repor... |
| 04.07.2023 | The top 500 richest people in the world made an average of $14 million each day in the first half of 2023 as markets rallied | Elon Musk is the world's richest person on the Bloomberg Billionaires Index. ODD ANDERSEN/Getty Images
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The 500 richest people added $852 billion to their collective fortunes in the first half of this year, per Bloomberg.
Tesla an... |
| 03.07.2023 | The leading African tech moves from June 2023
TechCabal’s 2021 Year-End report
Success! | 1. Funding: West Africa retakes lead in June 2023
In June 2023, African tech startups raised $126.2 million from 25 fully disclosed* raises.
The numbers show a 70% decrease compared to June 2022 where African startups raised $426.2 million.... |
| 26.06.2023 | Insurtech company Clover Health settles remaining lawsuits | Photo: Halfpoint Images/Getty Images |
| 23.06.2023 | Adani Group faces US scrutiny over alleged stock manipulation, accounting fraud | More On: gautam adani
Jack Dorsey’s worth plummets $526M after Hindenburg takedown of Block Short seller Hindenburg accuses Jack Dorsey’s Block of ‘facilitating fraud’ Another reason not to name your company ‘Hindenburg’ Gautam Adani hires ... |
| 15.06.2023 | EV revolution leads to lithium land grab in Arkansas | White is the new gold.
What's happening: Robert Mintak, CEO of Canadian company Standard Lithium (SLI), is confident it can capture the silvery-white metal from the geological Smackover Formation that runs from east Texas to Florida.
Why it... |
| 12.06.2023 | Do You Know Your Customers? | Ricardo Amper is the founder and CEO of Incode Technologies, a leading provider of identity verification and authentication solutions. |
| 23.05.2023 | Carl Icahn's wealth has plunged by $15 billion since a short-seller targeted him – but the activist investor says he's ready to fight back | Carl Icahn's wealth has fallen by $15 billion since Hindenburg targeted him last month.
The 87-year-old activist investor said in a recent interview that he's ready to fight the short-seller.
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Carl Icahn said in a recent interv... |
| 12.05.2023 | Hindenburg Research steps up its offensive against billionaire Carl Icahn's investment firm by shorting its bonds | Hindenburg Research has stepped up its market offensive against Carl Icahn's firm, days after it accused the billionaire of running "Ponzi-like" structures.
The short seller disclosed on Thursday that it has opened a short positio... |
| 03.05.2023 | Activist investor Carl Icahn's wealth plunged by $10 billion after a short-seller accused his company of running a 'Ponzi-like' structure | Carl Icahn's fortune took a $10 billion hit following a short seller report. CNBC/Getty Images Contributor
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Legendary investor Carl Icahn's wealth dropped by $10 billion after a short-seller's allegations.
Hindenburg Research rele... |
| 03.05.2023 | Bill Ackman jabs at old rival Carl Icahn after short-seller Hindenburg's bombshell report | Bill Ackman said Tuesday that there's a "karmic quality" to Hindenburg Research's attack on his old rival Carl Icahn.
The two activist investors feuded over a decade ago when Ackman made a $1 billion bet against Herbalife.
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| 03.05.2023 | Activist investor Carl Icahn's wealth plunged by $10 billion after a short-seller accused his company of running a 'Ponzi-like' structure | Legendary investor Carl Icahn's wealth dropped by $10 billion after a short-seller's allegations.
Hindenburg Research released a report alleging "Ponzi-like" economic structures at Icahn Enterprises.
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Activist investo... |
| 02.05.2023 | The short seller that took on Asia's richest man has a new target: Wall Street legend Carl Icahn | Hindenburg Research unveiled its short position against Carl Icahn's holding company on Tuesday.
In a new report, the firm alleges Icahn Enterprises has used "inflated" asset valuations.
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The shorter seller that took ... |
| 02.05.2023 | Hindenburg Research blasts Carl Icahn’s hedge fund as ‘Ponzi-like’ in latest short-seller campaign | More On: carl icahn
Wall Street titans warn of crisis after SVB’s failure: ‘Canary in the coal mine’ Investor set to bag windfall from Elon Musk’s Twitter deal — but house ravaged by Hurricane Ian McDonald’s director targeted by Carl Icahn ... |
| 05.04.2023 | Adani could deliver 'multibagger' returns, an investor who bet $2 billion on the troubled business empire says | Rajiv Jain made a big bet on Gautam Adani's business empire last month.
He told Bloomberg Monday that he believes his $1.9 billion investment could deliver 100% returns over the next five years.
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Investing in Gautam Adani's com... |
| 01.04.2023 | This Week in Apps: WWDC23, ByteDance pushes Lemon8 ahead of TikTok ban, T2 capitalizes on Twitter chaos | Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy.
The app economy in 2023 hit a few snags, as consumer spending last year dropped for t... |
| 01.04.2023 | Block gave a 'robust' response to brutal short-seller report, and shares of the Cash App parent are looking at 40% upside, Bank of America says | Shares of Block could rise 40% from recent levels, Bank of America said Friday.
Block gave a "robust" response to Hindenburg Research's report raising fraud concerns at the Cash App parent.
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Block stock holds the pote... |
| 31.03.2023 | Electric truck maker Nikola is planning to sell its own shares at a 20% discount to their lowest ever price | Nikola is planning to raise $100 million by selling its stock at a huge discount.
The electric truck manufacturer said Thursday that it would sell shares at $1.12, or 20% below their lowest ever price.
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Nikola is planning to ra... |
| 29.03.2023 | It's becoming increasingly clear that fintech has a fraud problem | Cash App was accused of facilitating fraud in a recent short-seller report. The fintech denied the claims. Rafael Henrique/SOPA Images/LightRocket via Getty Images This story is available exclusively to Insider subscribers. Become an Inside... |
| 26.03.2023 | The story of how Dave took the long road to become a neobank | Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll ... |
| 25.03.2023 | Fake Cash App Accounts Now Rampant—Accusations Trigger SEC Probe | Griffin Davis , Tech Times 25 March 2023, 09:03 am
Cash app fake accounts are becoming more rampant, as claimed by a new report of Hindenburg Research.
(Photo : Photo by Mariia Shalabaieva on Unsplash) Cash App Fake Accounts Now Rampant; Ac... |
| 24.03.2023 | Wedbush says it's 'not seeing anything illegal' with Block even as short-seller Hindenburg alleges the payment firm misled investors | Wedbush Securities investment firm said it's not seeing anything illegal with payment company Block.
Short-seller Hindenburg alleged that Block misled investors with "inflated metrics."
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Wedbush Securities has said it... |
| 24.03.2023 | Twitter founder Jack Dorsey's net worth dropped by more than $500 million after US short seller Hindenburg targeted his payments company Block | Jack Dorsey's Block payments firm is the latest company to be targeted by Hindenburg Research. Marco Bello/Getty Images
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Jack Dorsey's wealth tumbled after Hindenburg Research targeted his payments company Block, per Bloomberg.
Th... |
| 23.03.2023 | Short seller Hindenburg accuses Jack Dorsey’s Block of ‘facilitating fraud’ | More On: jack dorsey
Letters to the Editor — Dec. 17, 2022 Jack Dorsey takes ‘blame’ for scandals revealed in ‘Twitter Files’ Jack Dorsey told Congress under oath that Twitter was not shadow-banning Scrubbed: Elon Musk warns Jack Dorsey Twi... |
| 23.03.2023 | Block Джека Дорси обвинили в содействии мошенничеству | Платёжную систему Block, один из основателей которой — Джек Дорси, обвинили в том, что её руководители и сотрудники содействовали мошенничеству и вводили в заблуждение инвесторов. К таким выводам пришли авторы расследования Hindenburg Resea... |
| 23.03.2023 | Jack Dorsey's Block engaged in fraud, influential short seller alleges | Hindenburg Research is taking aim at Jack Dorsey's Block, formerly known as Square, alleging that what the influential short seller called the payments company's "magical" financial technology relied on something less enchanting: ... |
| 23.03.2023 | Block slides 20% after short-seller Hindenburg says 2-year investigation indicates the company has 'wildly overstated' genuine user counts | Block shares drop 20% on Thursday after Hindenburg Research said it's shorting the payments company.
The famed short-seller said an investigation indicated the company used inflated metrics.
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Block plunged Thursday after Hinden... |
| 23.03.2023 | Hindenburg Research says Jack Dorsey’s fintech company facilitates fraud against “unbanked” customers; Block shares plunge | “Our 2-year investigation has concluded that Block has systematically taken advantage of the demographics it claims to be helping. The “magic” behind Block’s business has not been disruptive innovation, but rather the company’s willingness ... |
| 23.03.2023 | The short seller who took on Adani and caused a $150 billion rout in the conglomerate's stock is releasing a new report — but it's not saying who's the next target yet | Short seller Hindenburg Research teased it's releasing a new report.
"New report soon — another big one," it said in a tweet on Wednesday, without sharing any further details.
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Hindenburg Research — the US short selle... |
| 21.02.2023 | Beaten-up Adani stocks have now fallen below $100 billion in market value after coming under short-seller attack | The combined market value of Adani Group's companies fell below $100 billion on Tuesday, per Bloomberg.
The 10 listed companies have wiped out over $136 billion in market cap since a short-seller's bombshell report.
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India's Ad... |
| 16.02.2023 | Adani reportedly abandons plans for an $850 million coal plant buyout, as the conglomerate still reels from a stock-market rout sparked by Hindenburg | Adani Power will scrap its plans to buy a coal plant in central India for $850 million, according to a report.
Adani and DB Power agreed to drop the deal after a deadline to meet the required conditions expired, Bloomberg reported, citing p... |
| 14.02.2023 | Adani's billionaire founder is reportedly looking at governance changes following scathing short-seller report that sent the Indian conglomerate's stock plunging | Indian industrialist Gautam Adani is working on improving oversight of his conglomerate, the Financial Times reported.
He's considering changes after allegations by a short seller sent Adani Group stocks plummeting.
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Indian ind... |
| 14.02.2023 | A biotech company that once claimed to have a 'cure' for COVID-19 just filed for bankruptcy, sending shares plunging 61% | Sorrento Therapeutics plunged as much as 61% on Monday after the biotech company filed for bankruptcy.
The company made headlines in 2020 after its founder claimed Sorrento discovered a COVID-19 "cure."
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Sorrento Ther... |
| 10.02.2023 | The world's largest stock investor — Norway's sovereign wealth fund — has dumped its remaining shares in Adani companies worth $200 million | Norway's massive sovereign wealth fund has sold all its stakes in Adani Group companies.
The fund started selling its stakes in Adani Group companies even before the recent selloff started.
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Norway's massive sovereign wealth fu... |
| 06.02.2023 | Adani founder and India’s richest person lost more than half of his $120 billion fortune after Hindenburg Research accused his company of massive fraud | Calling it the “largest fraud in corporate History,” famous shot-seller Hindenburg Research has published a damning report accusing the Adani Group of fraud, a company founded by India’s richest person Gautam Adani.
On January 24, Hindenbu... |
| 06.02.2023 | India's stock regulator tried to calm jittery investors fleeing the stock market — but even that's not helped Gautam Adani, whose companies' shares continue to take a beating | India's market regulator tried to assure investors the country's markets are "stable".
It acknowledged there was an "unusual price movement in the stocks of a business conglomerate" in the past week.
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India'... |
| 04.02.2023 | Hindenburg, полюбивший падения | Последние две недели внимание инвесторов и СМИ всего мира приковано к небольшой американской аналитической компании Hindenburg Research. Точнее, к тому, что ей удалось сделать — своим докладом она почти вдвое обесценила один из крупнейших к... |
| 03.02.2023 | BlackRock has more than $100 million exposure to Adani's dollar debt, report says | The world's biggest asset manager BlackRock holds over $100 million in Adani dollar bonds, per Bloomberg.
It's one of the biggest holdings among the 200 or so institutions with exposure to the Indian conglomerate.
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BlackRock ha... |
| 03.02.2023 | Adani's crisis is casting a cloud over India — and it could benefit China, which is just reopening after 3 years of COVID isolation | A crisis at the Adani Group is clouding over India just as China reopens.
A US short seller report alleging market manipulation and fraud at the Adani Group has caused a market rout.
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Until recently, India was having a moment —... |
| 03.02.2023 | Gautam Adani lost $52 billion in 6 days. That's over 3 times what Sam Bankman-Fried lost in a similar timeframe. | Indian billionaire Gautam Adani lost $52 billion in net worth over six trading days.
Adani's losses were due to a massive selloff in the shares of his companies.
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Indian tycoon Gautam Adani's wealth has come under so much press... |
| 03.02.2023 | Adani had a handful of auditors as young as 23 years old signing off on companies worth $100 billion, Hindenburg says | Adani Group used auditors as young as 23 to sign off on accounts, Hindenburg said.
The industrial giant used Shah Dhandharia, which had 11 employees, to audit companies worth $100 billion, per Hindenburg.
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India's Adani Group u... |
| 03.02.2023 | Legendary investor Mark Mobius said he shunned embattled Adani's share sale over debt concerns but he's still bullish on India | Billionaire investor Mark Mobius said his firm avoided the share sale by Adani Enterprises that was later pulled.
The debt load at Indian conglomerate Adani and its associates "sort of scared us away," he told Bloomberg.
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| 02.02.2023 | Как Гаутам Адани потерял $36 млрд за несколько дней | Louis Vuitton. Tesla. Amazon. Бизнес, стоящий за самыми богатыми людьми в мире, не нуждается в представлении. Но в прошлом году в этот список попал намного менее известный бренд.
Новым участником стал индийский конгломерат Adani Group, кото... |
| 02.02.2023 | Adani Group used tiny 11-employee firm to audit businesses worth $100B | More On: short seller
World’s third-richest man’s company sheds $68B in value as 413-page rebuttal to short seller falls flat Adani Group allegations ‘highly credible,’ similar to Herbalife: Bill Ackman Adani Group threatens legal action ov... |
| 02.02.2023 | Indian tycoon Gautam Adani has abandoned a $2.5 billion fundraising effort in his latest setback following a short seller attack on his business empire | Indian tycoon Gautam Adani pulled a $2.5 billion share sale for Adani Enterprises on Wednesday.
Shares in Adani Group companies have lost $92 billion in market cap since a US short seller's fraud allegations.
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| 02.02.2023 | Gautam Adani isn't Asia's richest person any more after losing over $50 billion as his companies' stock rout deepens | Gautam Adani is no longer Asia's richest person, after falling to 15th place on Forbes' billionaires list.
The Indian industrialist has lost over $50 billion as Adani Group stocks continue a weeklong selloff.
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| 01.02.2023 | The Adani Group: How the Indian giant lost $90bn in market value in just a week | Gautam Adani’s business empire has suffered a $90bn loss in value over just one week, after a US short seller accused his conglomerate of fraud and stock market manipulation. |
| 31.01.2023 | It's been a very bad month for Indian billionaires — four of the richest Indians have collectively lost about $45 billion in 2023 | Gautam Adani has lost about $36 billion in net worth this year following a massive selloff in his publicly traded companies. Photo credit should read SAM PANTHAKY/AFP via Getty Images
Indian billionaires are leading losses on the Bloomberg ... |
| 31.01.2023 | Гаутам Адани покинул топ-10 миллиардеров мира на фоне расследования Hindenburg | Индийский миллиардер, основатель индийского конгломерата Adani Group Гаутам Адани, в сентябре прошлого года поднявшийся на вторую строчку списка самых состоятельных людей мира по версии Bloomberg, сегодня, 31 января, покинул топ-10 этого ре... |
| 31.01.2023 | Adani pulls through with $2.5 billion share sale amid a stock-market storm sparked by Hindenburg's fraud allegations | Billionaire Gautam Adani successfully completed the $2.5 billion share sale of his flagship company on Tuesday, per Bloomberg.
The stock offering became a crucial confidence test after a short-seller report triggered a massive rout in Adani... |
| 30.01.2023 | Adani market cap plunge deepens to nearly $72 billion even after the conglomerate issued a 413-page rebuttal to short-seller Hindenburg | Adani Group has lost nearly $72 billion in market value in a matter of days as its public spat with a short-seller intensifies.
The wipeout comes even after the Indian conglomerate issued a 413-page rebuttal against Hindenburg Research.
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| 30.01.2023 | Adani Group stocks witness high volatility amidst war of words between the company and Hindenburg Research | All the nine Adani Group stocks experienced high volatility in trade on Monday as the tussle between the company and New York-based Hindenburg Research continued to escalate.
The Adani Group response over the weekend primarily termed Hinden... |
| 30.01.2023 | Gautam Adani is tumbling down the ranking of the world's richest people, and he's already lost $28 billion in the first month of 2023 | Gautam Adani — Asia's richest person — saw his wealth plunge over $20 billion on Friday alone, per Bloomberg.
The wealth wipeout followed a crash in the shares of his listed businesses, after a bombshell short-seller report.
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