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The Latest Breaking News from Hindenburg Research

Stock Market Split As Fed Hikes Rates, Banks Keep Tumbling; Nvidia, On Holding In Focus: Weekly Review

The stock market showed volatile, divergent action as a handful of megacaps propped up the Nasdaq while banks kept tumbling.

Investors Business Daily

France, Germany face off on EU's 2035 internal combustion car ban

France, Germany face off on EU's 2035 internal combustion car ban

In this edition: Germany seeks an "e-fuels" exemption to the EU's ban on the sale of new petrol and diesel cars after 2035, while France pushes for an all-electric transport future. Also, markets drop amid ongoing interest rate hikes and banking turmoil, and US short seller Hindenburg Research targets Jack…

Lok Sabha passes Finance Bill without discussion

Lok Sabha passes Finance Bill without discussion

NEW DELHI: Amid ruckus by opposition members demanding a JPC probe into the allegations of Hindenburg Research against the Adani group of companies, the Lok Sabha on Friday passed the Finance Bill 2023 giving effect to tax proposals without any debate.

The Times of India

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Rally in Tech Stocks Leads the Overall Market Higher

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.30%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.29%. Stock indexes Thursday posted moderate gains, led by a...

Stocks Rebound as Bank Stocks Stabilize

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +1.08%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.78%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.87%. U.S. stock indexes this morning are moderately higher as...

Square Plunges On Short Seller Charges, Company To Explore Legal Action

Square plunged after Hindenburg Research disclosed a short position in SQ stock while claiming Cash App consumer services facilitate fraud.

Investors Business Daily

Block, A Key Cathie Wood Stock, Tanks As Hindenburg Reveals Short

"Block has systematically taken advantage of the demographics it claims to be helping," Hindenburg Research said.

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Parliament Budget session: Opposition leaders to march to ED Office, hand over complaint on Adani issue

Parliament Budget session: Opposition leaders to march to ED Office, hand over complaint on Adani issue

Several Opposition MPs on Wednesday morning, gathered for a meeting Rajya Sabha leader of opposition and Congress president Mallikarjun Kharge's Parliament chamber over the Adani Group issue. Read further on Dynamite News:

Have lot of admiration, respect for Gautam Adani, his company: Tony Abbott

Have lot of admiration, respect for Gautam Adani, his company: Tony Abbott

NEW DELHI: Former Australian Prime Minister Tony Abbott, a known backer of Adani Group's coal mine projects in his country, on Thursday came out in support of the embattled group's chairman Gautam Adani, saying he has a lot of admiration and respect for the tycoon and his company.

The Times of India

Meet the SC-appointed expert panel to probe Adani-Hindenburg saga, stock market volatility

Meet the SC-appointed expert panel to probe Adani-Hindenburg saga, stock market volatility

NEW DELHI: In latest development to the Adani-Hindenburg row, the Supreme Court on Thursday set up an expert panel comprising 6 members to look into the protection of Indian investors in the aftermath of a damning report by the US short seller.

The Times of India

All Adani stocks end higher first time since Hindenburg report

All Adani stocks end higher first time since Hindenburg report

All 10 Adani Group stocks closed higher, the first such occurrence since the explosive report by US short-seller Hindenburg Research in late January sparked an unprecedented rout in the conglomerate’s shares.

The Times of India

Billionaire Adani's Empire Loses $154 Billion in a Month

Billionaire Adani's Empire Loses $154 Billion in a Month

Adani Group is on a roadshow to reassure international investors after the short-seller Hindenburg Research launched allegations of fraud.

Adani stock rout has room to run as charts show 85% call still valid

Adani stock rout has room to run as charts show 85% call still valid

MUMBAI: The rout in Adani group shares has room to run based on charts that show key stocks in Gautam Adani’s empire may still extend declines to the 85% downside flagged by Hindenburg Research.

The Times of India

Billionaire Adani's Empire Loses More Than $135 Billion

Billionaire Adani's Empire Loses More Than $135 Billion

Indian tycoon Gautam Adani's conglomerate is facing allegations of stock price manipulation and fraud that have chilled investors.

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The Times of India

'Sockpuppets' created puffery about Adani, says Wikipedia

NEW DELHI: For more than a decade, sockpuppets - some of them being company employees - created 'puffery' around tycoon Gautam Adani, his family and the apples-to-airport group he helmed by adding non-neutral material and removing warnings from information on Wikipedia, the free internet-based encyclopedia has alleged.

The Times of India

Adani group firm repays Rs 1,500 crore in comeback strategy

NEW DELHI: Adani group firm Adani Ports SEZ paid Rs 1,500 crore loan and promised to repay more as the embattled conglomerate mapped a comeback strategy after a sellout triggered by a damning report by US-based Hindenburg Research.

Billionaire George Soros Makes New Powerful Enemies

The legendary investor says India's prime minister Narendra Modi is weakened by the downfall of billionaire Gautam Adani's empire.

Unmasking India's crony capitalist oligarchy

The recent accounting fraud and stock manipulation allegations against multi-billionaire Gautam Adani made by Hindenburg Research, a New York-based short-selling firm, has startled the financial world. The episode is a necessary reality check for those who are expecting India's star to burn brighter in the global economic firmament as China's…

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The Times of India

Gautam Adani group touts cash reserves in bid to calm investors

MUMBAI: Indian billionaire Gautam Adani’s embattled conglomerate said it has adequate cash reserves and its listed companies are able to refinance their debts.

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).

The Times of India

Gautam Adani crisis likely to leave India’s conglomerates unscathed

MUMBAI: The dramatic fall in the Adani group’s shares following allegations by Hindenburg Research is unlikely to spill over to other Indian conglomerates as they fare well on key business parameters, according to Bloomberg Economics.

The Times of India

Adani vs Hindenburg saga: 10 things which have happened so far

NEW DELHI: Amid reports of cut in growth targets and capex, Adani Group on Monday said that its growth plans are intact, business plans are fully funded and it remains confident of delivering returns to shareholders.

Billionaire Adani's Tanking Empire Dreams Less

A new batch of bad news has hit the Indian tycoon's conglomerate, which has been plagued by fraud allegations from a short-seller.

The Times of India

Adani-Hindenburg row: Centre agrees to SC proposal, will form panel on regulatory mechanism

NEW DELHI: As Adani Group companies continue to suffer decline, the government on Monday agreed to form an expert panel for strengthening regulatory mechanism.

Budget Session: Kharge Calls Opposition Meeting Tomorrow To Chalk Out Floor Strategy

Congress president and Leader of Opposition in Rajya Sabha Mallikarjun Kharge has called a meeting of "like-minded" opposition parties on Monday. Read further on Dynamite News:

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