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Adani-Hindenburg Saga News

27 Mar 2023

10 Adani Group Firms End Lower; Adani Power, Adani Transmission Fall Nearly 5%

Many of the group firms hit their lower circuit limits during the day.

Hindenburg Research

24 Mar 2023

Hindenburg Report Wipes Out $526 Million From Jack Dorsey's Worth

Jock Dorsey lose $526 mn after Hindenburg Research was unveiled. Hindenburg Research revealed that Block facilitates fraud against consumers and the govt. Dorsey is now worth $4.4 billion, according to Bloomberg Billionaires Index.

Hindenburg Research

24 Mar 2023

After Adani, Hindenburg Research Targets Jack Dorsey's Payment App 'Block'

The short-seller Hindenburg Research publishes its new report, targeting Jack Dorsey's payment app Block. It alleges payment app for facilitating fraud against customers and government, avoiding regulations, and misleading investors. Block, earlier known as Square, was founded by Twitter co-founder Jack Dorsey in 2009.

Adani-Hindenburg Saga

23 Mar 2023

Another Big Report Coming Soon, Tweets Hindenburg Research

Hindenburg Research had in January this year come out with reports on Adani's brazen stock manipulation.

Adani-Hindenburg Saga

22 Mar 2023

Hindenburg Impact: Adani's Wealth Down To 60 %, Lost Tag As Richest Indian

The report said India accounts for 5 per cent of the overall billionaire wealth in the world against 32 per cent of the US. China is home to the highest number of billionaires in the world, which is five times of India.

20 Mar 2023

Nine Adani Group Stocks End Lower; Snaps 2-Day Winning Streak

The stock was the second biggest loser among Nifty stocks, dropping by 3.44 percent.

20 Mar 2023

Adani Says Mundra Petchem Work Suspended As Finances Not Tied-Up Yet

Due to recent market developments, the management has decided to continue with the engineering design and other activities including financial closure in an accelerated mode, Adani Group said.

Adani-Hindenburg Saga

20 Mar 2023

Hindenburg Fallout: Adani Group Suspends Work On Rs 34,900 Cr Petchem Project

The group's flagship Adani Enterprises Ltd (AEL) had in 2021 incorporated a wholly-owned subsidiary, Mundra Petrochem Ltd for setting up a greenfield coal-to-PVC plant at Adani Ports and Special Economic Zone (APSEZ) land in Kutch district of Gujarat.

13 Mar 2023

Six Adani Group Stocks Settle Lower; Four Firms Hit Upper Circuit Limit

NDTV tanked 4.96 percent to settle at Rs 222.15 apiece on BSE. During the day, the shares of the media firm hit an intra-day low of Rs 222.10 -- also its lower price band.

Sukhjinder Singh Randhawa

13 Mar 2023

‘If Narendra Modi Is Finished Then India Will Be…’: Congress Leader SS Randhaw

The Congress leader was addressing a protest meeting against the BJP government at the Centre for not agreeing to form a joint parliamentary committee to look into the allegations made by the US firm Hindenburg against the Adani Group.

03 Mar 2023

Adani Crisis: Banking Sector Resilient And Stable, Says RBI

However, the RBI did not name the Adani Group in the statement.

Adani-Hindenburg Saga

02 Mar 2023

Adani-Hindenburg Row: SC Forms Expert Committee To Probe Recent Share Crash

The apex court has also directed Centre, financial statutory bodies, SEBI chairperson to render all cooperation to panel set up for probe.

Adani-Hindenburg Saga

01 Mar 2023

All Listed Adani Group Firms Gain, Adani Enterprises Shares Jump 15%

Adani Transmission advanced 5 percent, Adani Green Energy rose 4.99 percent, Adani Wilmar gained 4.99 percent, NDTV rallied 4.99 percent and Adani Power climbed 4.98 percent.

Adani-Hindenburg Saga

01 Mar 2023

Watch: Congress Leaders, Protesting Against Adani, Detained By Mumbai Police

Mumbai police detained Congress leaders who were protesting against Adani They were protesting outside the National Stock Exchange (NSE) The Congress leaders were protesting against the alleged financial fraud by the Adani Group

Adani-Hindenburg Saga

26 Feb 2023

Adani Says Looking Legal Options Agst Hindenburg; US Firm Sticks With Report

The Hindenberg report came just as a Rs 20,000 crore follow-on share sale of Adani Enterprises opened for institutional investors. All the listed stocks of the group took a beating after the report.

Adani-Hindenburg Saga

24 Feb 2023

Majority Of Adani Group Firms Tumble On Friday; Some Hit Lower Circuit Limits

Shares of eight Adani Group firms out of the ten listed entities had ended in the negative territory on Thursday. Adani Group firms had fallen sharply on Wednesday, with all the listed firms ending in the red.

23 Feb 2023

Eight Adani Group Firms End Lower, Some Hit Lower Circuit Limits

Shares of Adani Wilmar fell 3.97 percent, Adani Enterprises slipped 1.51 percent, ACC (0.82 percent), and NDTV (0.45 percent).

22 Feb 2023

Adani Group Firms Fall, Adani Enterprises Tumbles 10%

Adani Enterprises stock tumbled 10.43 percent to settle at Rs 1,404.85 on the BSE. During the day, it tanked 11.94 percent to Rs 1,381.05.

Adani-Hindenburg Saga

22 Feb 2023

Adani Group Firms Fall in Morning Trade; Adani Enterprises Tumbles Over 9%

Shares of Adani Power declined 5 per cent, Adani Transmission fell 5 per cent, Adani Total Gas (5 per cent), Ambuja Cements (5 per cent) Adani Green Energy (4.99 per cent), Adani Wilmar (4.99 per cent) and NDTV (4.55 per cent).

Adani-Hindenburg Saga

22 Feb 2023

Adani Firm Repays Rs 1,500 cr to SBI Mutual Fund, Aditya Birla Sun Life

An SBI MF spokesperson said it has no further exposure.

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