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The Latest Breaking News from Hindenburg

Why not JPC in Hindenburg Adani row: Jairam Ramesh after Centre's reply in SC

Congress leader Jairam Ramesh on Monday took a swipe at the Centre over its reply in the Supreme Court regarding appointing a committee in connection with the Hindenburg's report on Adani Group, and questioned the government on why it was not agreeing to a joint parliamentary committee (JPC).

Dynamite News

Hafta letters: 21 din mein paisa double, lotus tendencies, capitalism

Hi Team,

Newslaundry

TV Newsance 201: Save Adani Campaign, brought to you by primetime stars on TV News

What do Mia Khalifa, Hindenburg and Greta Thunberg have in common? Is the opposition falling for a trap set up by anti-nationals to destroy the Indian economy? Is the Adani crisis over?

Newslaundry

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The Adani cloud over India

The recent set of allegations have raised questions about the tycoon’s meteoric rise and the role of regulators.

Al Jazeera

Adani Row: SC To Hear Petition Seeking Probe Into Hindenburg Research Report

Supreme Court will hear on Friday a plea seeking a direction to the Centre to constitute a committee to investigate the Hindenburg Research report on Adani Group. Read further on Dynamite News:

Dynamite News

Modi skips the A-word, leaves Rahul Gandhi’s 5 questions unanswered

Facing a volley of allegations linked to the Adani Group controversy during the stormy budget session, Prime Minister Narendra Modi on Wednesday hit back at the opposition’s charges. But did he?

Newslaundry

It's Clear Modi Govt Is Protecting Adani : Rahul Gandhi

Congress MP Rahul Gandhi on Wednesday claimed that Prime Minister Narendra Modi was protecting industrialist Gautam Adani, adding that he wasn't satisfied with the former's reply to the Motion of Thanks to the President's address in Parliament. Read further on Dynamite News:

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Adani woes spur protests as stock turmoil turns political

Hundreds of demonstrators from India’s main opposition party have gathered in New Delhi and other cities to demand regulators investigate allegations of fraud and stock manipulation by India's second-biggest conglomerate, headed by coal mining tycoon Gautam Adani

The Independent UK

The Adani Group lost $118 billion in value in 10 days. Here’s how it happened in charts

Adani Group shares are in freefall following the release of a report from Hindenburg Research alleging stock manipulation and fraud.

Fortune

India’s Adani’s losses swell above $100bn

India’s central bank is examining the exposure of banks to the group as its various firms continued to tank.

Al Jazeera

Share debacle a rare setback for Indian tycoon Adani

India's Gautam Adani was Asia's richest man when the U.S. short-selling firm Hindenburg Research put out a report last week alleging his businesses have engaged in fraud and stock price manipulation

The Independent UK

Adani scraps $2.5B share sale after fraud claims hit stock

Embattled Indian billionaire Gautam Adani has called off his flagship company’s sale of $2.5 billion shares

The Independent UK

Exclusive-Indian market regulator examining Adani share rout, source says

India's market regulator is examining a recent crash in shares of Adani Group and looking into any possible irregularities in a share sale by its flagship company, a source with direct knowledge of the matter told Reuters on Wednesday.

Reuters

Gautam Adani clings to position as world's richest Asian after Hindenburg report

The Adani stock rout is so bad that it's even knocked India out of the world's top five largest equity markets.

Fortune

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Bangkok Post

Asia’s richest man battles fraud allegations

Shares in Adani Group companies fell on Wednesday after a US fund said it was shorting the Indian conglomerate’s stocks and accused companies owned by Asia’s richest man of “brazen” market manipulation and accounting fraud.

InsideEVs

Nikola Founder Trevor Milton Convicted On Three Counts Of Fraud

Trevor Milton has been found guilty on three out four charges of fraud and now faces up to 20 years in prison.

The Guardian - UK

Elon Musk may try to reprice $44bn Twitter bid, says US short-seller

‘Significant chance’ of lowered offer owing to slump in tech stocks and social media firm’s weak performance

Benzinga

Why Hindenburg Research Is Shorting Twitter: 'Musk Holds All The Cards'

Twitter Inc (NYSE: TWTR) shares traded lower by 4% on Monday, well off the $54.20 per-share buyout price Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has agreed to pay to take Twitter private.

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