The Adani Group has vehemently denied allegations that Swiss authorities have frozen over $310 million in funds throughout a number of Swiss financial institution accounts as a part of a cash laundering investigation. In a media assertion launched on September 12, 2024, an Adani Group spokesperson categorically rejected claims of any involvement in Swiss courtroom … Read more
In a brand new twist to the continuing Adani case, US-based short-seller Hindenburg Analysis has made critical allegations in opposition to SEBI Chairperson Madhabi Puri Buch and her husband, Dhaval Buch. Hindenburg’s newest report alleges that the Buchs had stakes in obscure offshore funds linked to the Adani Group’s alleged cash siphoning actions. The report … Read more
The most recent report by the US-based short-seller Hindenburg Analysis has levelled critical allegations of battle of curiosity towards SEBI Chairperson Madhabi Buch and her husband, Dhaval Buch. This report comes practically 18 months after Hindenburg’s earlier allegations towards the Adani Group for inventory manipulation and accounting fraud. Some specialists have raised questions in regards … Read more
Hindenburg Analysis is once more within the information, this time with allegations towards the chairperson of the Securities & Change Board of India Ms Madhabi Buch. It claims that she and her husband had invested in a fund that was based by a former director at Adani Enterprises. The US-based shortseller factors to a battle … Read more
SEBI chairperson Madhabi Puri Buch and her husband Dhaval Buch termed the allegations made by Hindenburg Analysis as baseless and denied the “insinuations made within the report. “ Learn: Adani-Hindenburg row: Supreme Courtroom directs SEBI to probe if Hindenburg report violated regulation, prompted hurt to buyers “Within the context of allegations made within the Hindenburg … Read more
Adani Group Share Costs/ Shares In the present day Dwell Updates 2 July 2024: Adani Group shares have been buying and selling flat in early commerce on Tuesday. US short-seller Hindenburg Analysis, which had rocked the Adani Group with allegations of inventory market manipulation and accounting fraud, on Tuesday stated it has obtained a present … Read more
Adani Enterprises’ shares have reclaimed the degrees seen in January final yr, previous to the damaging allegations levelled by short-seller hedge fund Hindenburg Analysis in opposition to the group triggering a sell-off in group shares that wiped off billions of {dollars} of investor wealth. Additionally learn: Adani Ports & SEZ to interchange Wipro in Sensex … Read more
Majority of the shares of the Adani group of corporations have ended 2023 with losses starting from 8-73 per cent, indicating that the important thing corporations within the group haven’t been in a position to recapture the previous highs seen in 2022, previous to Hindenburg Analysis’s damaging allegations of fraud and inventory worth manipulation. Additionally … Read more