Tag: Adani group

Adani Group: How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History

Hindenburg Report Published on January 24, 2023 FEB 4, 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.Gautam […]

Explainer: Mystery behind slump in India’s Adani Group company shares

CHENNAI, June 18 – Shares of companies controlled by Indian billionaire Gautam Adani are set to record their biggest weekly losses ever. The six stocks cumulatively lost nearly 2 trillion Indian rupees ($26.98 billion) of value in four days through Thursday. THE FUNDS Indian newspaper Economic Times reported […]

India’s Adani group says report on freeze on foreign funds wrong

India’s Adani Enterprises Ltd (ADEL.NS) said on Monday that media reports about freezing of accounts of three foreign funds which had invested in the group companies were “blatantly erroneous.” The company said it had an e-mail from the “Registrar and Transfer Agent” dated 14th June saying “that the Demat Account […]

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