Hindenburg

'What was meant to weaken us has instead strengthened the very core of our foundations,' Adani told shareholders

Sebi's clean chit sends the market value of Adani stocks higher by $8.5 billion in a day

Adani Group stocks surged as much as 13 percent after Sebi cleared Gautam Adani and top executives of market-manipulation allegations first raised by US short-seller Hindenburg Research. The order revived investor appetite and rekindled hopes of a broader re-rating across group companies

SEBI disposes of proceedings against Adani Group firms, Gautam Adani; finds no merit in Hindenburg allegations

SEBI said that a detailed probe found no violations with respect to related party transactions (RPTs) by the Adani Group firms -- Adani Enterprises, Adani Power, Adani Ports and Special Economic Zone, and Adicorp Enterprises -- along with those against Gautam Adani, and Rajesh Adani among others and hence the proceedings have been disposed without any direction.

Hindenburg case: Sebi dismisses allegations against Gautam Adani and group companies

On January 24, 2023, US-based short-selling firm Hindenburg Research released a damning report against the Adani Group, alleging stock manipulation, accounting fraud, and the use of offshore tax havens and shell companies to route funds.

Complainants can face action for making flimsy, fragile allegations against Buch, says Lokpal

Mahua Moitra of Trinamool Congress and two others are the complainants in the matter.

Lokpal gives clean chit to former SEBI chief Madhabi Puri Buch; no material to order investigation, it says

The Lokpal, in its order, has highlighted the fact that the complainants did not submit any credible evidence in the matter while attempting to make the authority do a "roving inquiry".

Anson Funds, in focus over Hindenburg ties, is a registered FPI in India

The Toronto-based hedge fund in collusion with Hindenburg Research allegedly prepared bearish reports on certain companies, Canadian court filings show

Hindenburg's Nate Anderson under cloud for sharing report with hedge fund

The Market Frauds portal said that court documents allegedly revealed that Hindenburg colluded with Anson while preparing a report

Adani Group stocks surge upto 7% after US short seller Hindenburg shuts shop

Hindenburg Research, the US-based short-selling firm, launched a targeted campaign against the Gautam Adani-led conglomerate in early 2023, publishing scathing reports that erased billions off the group's market value.

Writing this from a place of joy: Hindenburg Research founder Nate Anderson's full farewell note

'There is not one specific thing — no particular threat, no health issue, and no big personal issue', Anderson said in his note announcing the decision to shut down the short-seller

Short seller Nate Anderson says he’s disbanding Hindenburg

“There is not one specific thing — no particular threat, no health issue and no big personal issue,” Anderson wrote in a letter.

Congress questions SEBI on delay in FPI disclosures post Adani revelations

Congress raised concerns over SEBI's 18-month delay in enforcing FPI disclosure norms, questioning if those involved in the Adani scandal complied with the transparency rules post-deadline.

Parliament's PAC likely to probe Sebi chief Madhabi Buch, may summon her this month: Report

The Opposition has been calling for a probe against the Sebi chief who has denied the accusations made against her

Mauritius regulator says fund at heart of Hindenburg allegations against Sebi chief not domiciled in Mauritius

The IPE Plus Fund and IPE Plus Fund 1 are not licensees of the FSC and are not domiciled in Mauritius, the regulator said

Political Wrap: Congress announces nationwide protest, CBI probe ordered into murder of Kolkata doctor

Political Roundup : Kiren Rijiju Responds to Congress' Hindenburg Allegations: Accuses Congress of Betraying India. Congress announces nationwide protest on Aug 22 seeking SEBI chief resignation, JPC probe. Calcutta HC orders transfer of probe into murder of woman doctor to CBI. Watch here for more details

Sebi-Hindenburg controversy: A timeline of allegations, the Buchs’ defence and market reaction

Sebi chair Madhabi Puri Buch said she made all required disclosures, and no conflict of interest exists.

Hindenburg's report on Sebi chief a 'conspiracy', will not destabilise markets: Madhu Kela

The market veteran pointed out that the report seemed filled with 'conspiracy' claims and failed to present any clear, actionable allegations

Recent allegations made by Hindenburg are unwarranted: Indian venture and alternate capital association backs SEBI chief

IVCA expressed full confidence in Ms. Buch's leadership and her ability to navigate these allegations.

Madhusudan Kela sees FMCG, pharma as sweet spots in an expensive market

Kela advises investors to expect moderate equity returns in the future, suggesting that over time, equities are likely to yield returns slightly higher than fixed income investments.

Adani stocks partly recoup losses, end mixed after Hindenburg allegations on SEBI chair Madhabi Puri Buch

Adani Group stocks fell but recovered partial losses after the fresh Hindenburg report that alleged conflict of interest between SEBI chair Madhabi Puri Buch and funds used by Adani companies. A few of the group stocks ended the day in green.

Hindenburg responds to SEBI Chief Madhabi Puri Buch’s statement, raises new questions

Hindenburg said that SEBI Chairperson Madhabi Buch’s response contained several significant admissions and raised critical new questions.

Sebi is under attack from malicious actors looking to weaken India

"Hindenburg may be a player or a willing conspirator in this “Discredit India” effort. Either way, the Indian government has to remain vigilant, for India’s rise will neither be uncontested nor automatic."

Joint Parliamentary Committee inquiry imperative: Mallikarjun Kharge on Hindenburg-Sebi row

SEBI Chairman Buch and her husband have denied the allegations levelled against them as baseless and asserted that their finances are an open book.

Madhabi Puri Buch, Dhaval Buch deny allegations levelled by Hindenburg Research

In a joint statement, Madhabi Puri Buch and her husband Dhaval Buch have denied the allegations levelled by Hindenburg Research that the SEBI chairperson had stake in the entities used in Adani scandal.

IIFL, which facilitated Buch's investment through convoluted structures, has a history of clashes with RBI, SEBI

This is not the first time that IIFL has found itself at the receiving end in terms of allegations related to governance levels. The recent past has seen both RBI and SEBI pull up IIFL for violations of the regulatory framework put in place by the banking and the capital markets watchdogs.