Tag: hindenburg research

Hindenburg attacking credibility, attempting character assassination: SEBI chief Madhabi, husband issue detailed rebuttal

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Hindenburg attacking credibility, attempting character assassination: SEBI chief Madhabi, husband issue detailed rebuttal

In this file photo, SEBI Chairperson Madhabi Puri Buch speaks during CII’s 17th Corporate Governance Summit, in Mumbai. | Photo Credit: PTI U.S.-based short-seller Hindenburg Research is attacking capital markets regulator SEBI’s credibility and attempting a character assassination of its chief, Madhabi Puri Buch and her husband Dhaval said on Sunday (August 11, 2024). In…

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Hindenburg Research alleges SEBI chief held investments in offshore funds used by Adani Group

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Hindenburg Research alleges SEBI chief held investments in offshore funds used by Adani Group

SEBI chairperson Madhabi Puri Buch. Photo: sebi.gov.in U.S. based short-seller Hindenburg Research in a new report released on Saturday (August 10, 2024) alleged that the chairperson of India’s market regulator Securities and Exchange Board of India (SEBI) Madhabi Puri Buch held investments in certain offshore funds that were also used by the Adani group. Ms….

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Hindenburg shared Adani report with client two months before publishing it: SEBI

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Hindenburg shared Adani report with client two months before publishing it: SEBI

U.S. short-seller Hindenburg Research had shared an advance copy of its damning report against the Adani Group with New York-based hedge fund manager Mark Kingdon about two months before publishing it and profited from a deal to share spoils from share price movement, according to market regulator SEBI. The Securities and Exchange Board of India…

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Kotak Mahindra says Hindenburg was not an investor in its fund

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Kotak Mahindra says Hindenburg was not an investor in its fund

File picture | Photo Credit: Reuters Kotak Mahindra International Limited said on Tuesday that U.S. short-seller Hindenburg Research has never been an investor in the K-India Opportunities Fund. Kotak was responding to allegations that Hindenburg colluded with its client Kingdon Capital Management and used a Kotak group offshore fund to short Adani group shares last…

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SEBI should stand firm, finish its probe into Adani matter in timely manner: Jairam Ramesh

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SEBI should stand firm, finish its probe into Adani matter in timely manner: Jairam Ramesh

Jairam Ramesh. File | Photo Credit: ANI The Congress on October 19 urged the Securities and Exchange Board of India (SEBI) to stand firm and finish its investigation into the Adani matter in a timely manner, even as it reiterated that only a JPC probe can investigate the full scope of the issue. In a…

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‘Adani scam’ exposed role of tax havens in hiding violation of Indian regulations: Jairam Ramesh

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‘Adani scam’ exposed role of tax havens in hiding violation of Indian regulations: Jairam Ramesh

Senior Congress leader Jairam Ramesh. File | Photo Credit: The Hindu The Congress on September 14 alleged that the “Adani scam” has exposed the role tax havens play in hiding large-scale violation of Indian laws and said the issue should have been discussed at the recent G20 Summit. It also said that if a Joint…

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Hindenburg report was an attempt to tarnish the group’s image: Gautam Adani

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Hindenburg report was an attempt to tarnish the group’s image: Gautam Adani

Adani Group Chairman Gautam Adani addresses during the Annual General Meeting (AGM) of his group companies, on Tuesday, July 18, 2023. | Photo Credit: PTI Gautam Adani on Tuesday said that the U.S.-based short seller Hindenburg Research’s report on the group was a deliberate, malicious attempt at damaging the group’s reputation and generate profit by…

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