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New India-centric report on the way? 'Something big soon', says US Short Seller Hindenburg

IndiaTimes Saturday, 10 August 2024
Hindenburg Research, a US-based firm, hinted at a new report on India, following its 2023 claims against the Adani Group. The prior allegations of financial misconduct caused a significant drop in Adani's stock prices. Notably, the Supreme Court cleared Adani of these charges, as per the Securities and Exchange Board of India's report.
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News video: Hindenburg Strikes Again: New Report Says SEBI Chief Had Stake in Adani’s Offshore Deals| Watch

Hindenburg Strikes Again: New Report Says SEBI Chief Had Stake in Adani’s Offshore Deals| Watch 03:35

Hindenburg Research's latest report alleges that SEBI Chairperson Madhabi Buch and her husband held stakes in offshore entities linked to the Adani money siphoning scandal. Based on whistleblower documents, the report claims the couple opened an account with IPE Plus Fund 1 in Singapore in 2015,...

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