Bharat Express

Hindenburg report

Hindenburg Report dated August 10, 2024, the company has issued a strong rebuttal, categorically denying the claims made in the report.

GQG Partners, a US-based boutique investment firm, along with other investors, has purchased an 8.1% stake in Adani Power Ltd for a substantial sum of over Rs 9,000 crore (USD 1.1 billion).

Golden age of Gautam Adani's empire has returned and has earned tremendous profits to LIC.

The Adani Group said the report was driven by "an ulterior motive" to "create a false market" to allow the US firm to make financial gains.

Block Inc is exploring legal action against Hindenburg after discarding the short-seller's allegations by calling them "factually incorrect and misleading.”

The Hindenburg controversy has proved too fatal to Adani Group. Now the group has announced positivity in the market saying that it has prepaid Rs 7,374 crore which is in dollars more than $900 million..

the top court directed the Securities Exchange Board of India (Sebi) to start the investigation to examine if the Adani group had failed to disclose related-party transactions and thus violated the Securities Act..