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Business News/Topic/    Adani Vs Hindenburg

ADANI V. HINDENBURG: THE SHORT SELLING SAGA

In January, 2023, US-based investment research firm Hindenburg published a detailed report on the Adani Group stocks. In the report, it alleged various counts of fraud by the Gautam Adani-led group. Shortly before Hindenburg released the report, it shorted all of the listed stocks by Adani. A bloodbath on the bourses followed: $111 billion worth of investor wealth was wiped out in a few days following the public release of the report. The Securities and Exchange Board of India (Sebi) is conducting its own probe into the allegations, but the Supreme Court has refused to intervene in the matter. Mint has been on top of the entire short-selling saga since the first report — laid out for you here in a convenient format.
Sebi chairperson Madhabi Puri Buch. (Photo: PTI) Premium

Sebi ramps up investigations amid market turmoil

4 min read . 19 Aug 2024
In January last year, Hindenburg, after alleging corporate malfeasance against the edible oil-to-ports group, disclosed it was short on Adani bonds. (Reuters) Premium

Adani bonds rally, stocks fall after Hindenburg 2.0

3 min read . 19 Aug 2024
Buch joined SEBI in 2017 and was appointed to the top position in March 2022. (PTI) Premium

Sebi chief Buch earned revenue in potential rules violation: Report

2 min read . 16 Aug 2024
New Hindenburg report links Sebi chief Madhabi Puri Buch to offshore funds used in Adani scandal. (File Photo: PTI) Premium

Full disclosure for Sebi chief: Key to preventing next Hindenburg-like scandal

3 min read . 12 Aug 2024
The former bureaucrat called the Hindenburg allegations against Buch highly disturbing. (Pradeep Gaur/Mint) Premium

Hindenburg claims on SEBI chief Buch ‘highly disturbing': Former FinMin official

1 min read . 12 Aug 2024
SEBI Chairperson Madhabi Puri Buch (PTI) Premium

Adani-Hindenburg row: Decoding key terms amid allegations

5 min read . 12 Aug 2024
Indian REITs Association comments on Hindenburg's claims against SEBI. Premium

Hindenburg allegations on SEBI ‘baseless and misleading’; says Indian REITs

2 min read . 12 Aug 2024
Corporate governance experts are divided on whether Sebi chief Madhabi Puri Buch's public disclosure of her investments is sufficient for a person in her position. (PTI) Premium

Sebi chair Madhabi Buch owns majority in consultancy named in Hindenburg report

4 min read . 11 Aug 2024
Hindenburg chose to attempt character assassination, says Sebi chief Madhabi Puri Buch; denies allegations as ‘baseless’ (Photo: PTI) Premium

Sebi chief denies Hindenburg allegations as ‘baseless, devoid of any truth’

1 min read . 11 Aug 2024
Since Nathan Anderson started Hindenburg as a standalone research firm in December 2017, the short seller has published reports on 63 listed companies. (Getty Images) Premium

Emboldened Hindenburg’s profit score has gotten better as it targets bigger guns

5 min read . 11 Aug 2024
Madhabi Puri Buch, chairperson, Securities and Exchange Board of India. (PTI) Premium

At Sebi, Madhabi Buch doesn't look at ICICI Securities, Blackstone matters

2 min read . 11 Aug 2024
Nathan Anderson, founder of Hindenburg, photographed on 6 January 2023 in New York. (Getty images) Premium

Mint Explainer: Hindenburg's latest salvo against the Sebi chief

5 min read . 02 Jul 2024
K-India Opportunities Fund Ltd is a Sebi registered foreign portfolio Investor, regulated by the Financial Services Commission of Mauritius. (Mint) Premium

Kotak, caught in Adani-Hindenburg storm, says wasn't aware of manipulative trade

4 min read . 02 Jul 2024
India's market regulator is looking into Hindenburg's allegations as well as the group's related party dealings following a Supreme Court directive. (Reuters) Premium

Hindenburg responds to SEBI on Adani show cause notice: 5 key points of defence

12 min read . 02 Jul 2024
Sebi simply named the K-India Opportunities fund and masked the “Kotak” name with the acronym “KMIL”, Hindenburg said. (Photo: REUTERS) Premium

Adani-Hindenburg Case: Now, Kotak Bank, Uday Kotak are also part of Adani battle

2 min read . 02 Jul 2024
SEBI has also been probing Adani, but India's top court has given it till August 14 to complete its investigation... Photographer: Indranil Aditya/Bloomberg (Bloomberg) Premium

Hindenburg gets letter from Indian regulator about Adani short bet

1 min read . 02 Jul 2024
The market value of all Adani group listed shares remain below the pre-Hindenburg peak of over ₹19 trillion, but has seen a sharp recovery from the ₹5.8 trillion it had dropped to. Premium

A year since Hindenburg firestorm, where do Adani stocks stand?

1 min read . 25 Jan 2024
The flagship’s stock rose 1.7% to 3,445.05 in Mumbai on Friday and has now almost tripled since its nadir in February 2023. (Bloomberg) Premium

Adani flagship erases all stock losses spurred by Hindenburg

1 min read . 24 May 2024
Solar panels are installed at an Adani project in Khavda, India. Premium
wsj

Adani, a Year Later: Investors Are Embracing India’s Humbled Champion

3 min read . 01 Feb 2024
Chairperson of Adani Group, Gautam Adani (AFP/Indraneel Mukherjee) Premium

Adani puts Hindenburg behind with a $3-billion fundraising plan

5 min read . 29 Jan 2024
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