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's investigations throughout 2023 targeted the Adani Group, leading to significant financial losses for the conglomerate. Despite the severity of the allegations, Adani and his companies repeatedly denied all charges.

Jan 16, 2025 · In 2023, it published a report accusing the Adani group of decades of "brazen' stock manipulation and accounting fraud". Mr Adani and his company denied the allegations, calling them...

Jan 16, 2025 · Hindenburg Research Shutting Down News: Hindenburg Research, the US-based short seller that hit the headlines in India in 2023 after making allegations of stock manipulation and accounting fraud against the Adani Group, announced its disbanding on …

Jan 29, 2023 · On January 24 th, we released a report outlining numerous issues of suspected fraud at the Adani Group, the 2 nd largest conglomerate in India run by the world’s then-third richest man. Hours ago, Adani released a ‘413-page response’. It opened with the sensationalistic claim that we are the “Madoffs of Manhattan”.

6 days ago · A case in point is the Adani Group. Hindenburg Research stings Adani. Many in India had not heard of Hindenburg Research until January 2023 when it published a 30,000-word report provocatively titled “Adani Group: How the World’s Third Richest Man Is Pulling The Largest Con In Corporate History”. The report alleged that the group has ...

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...

Jan 16, 2025 · In January 2023, Hindenburg Research released a report against Adani Group, wiping more than $100 billion in value of the Indian conglomerate. The short-seller accused Adani Group of using...

Jan 16, 2025 · In one of its dozens of projects, it focused on the Indian conglomerate Adani Group, accusing it of “a brazen stock manipulation and accounting fraud scheme.” Hindenburg cited two years of research, including talks with former Adani senior executives and reviews of thousands of documents.

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...