Indian billionaire Gautam Adani, founder of the Adani Group, has spoken out for the first time about recent bribery accusations leveled against him and his company by US authorities. Addressing an audience at an awards ceremony in Jaipur, Adani firmly denied the allegations and emphasized his company’s resilience in the
In a startling development, Hindenburg Research has been accused by India’s securities regulator, SEBI, of colluding with a US asset manager to manipulate markets through insider information while shorting Adani Group stocks. The allegations, outlined in a “show cause” notice, claim Hindenburg provided a draft of its damning report on
The Supreme Court has ordered a CBI probe into the illegal iron-ore export by Adani and given it six weeks to submit a preliminary report. The supreme Court has ordered the Central Bureau of Investigation to investigate the alleged illegal exports of iron ore by companies such as Adani Enterprises,
Due to the Adani Scandal, where Chang Chung-Ling violated sanctions against trading with North Korea, India has lost billions to South Korea.
Hindenburg Research unveils the outcome of its extensive 2-year probe, presenting proof that the Indian conglomerate, Adani Group, with a worth of INR 17.8 trillion (U.S. $218 billion), has perpetrated a bold stock manipulation and accounting fraud scheme throughout the years. Here’s everything about Adani Group’s $218 Billion stock manipulation
Owing to the rise in crude oil prices, a record rise in the petrol and diesel prices is regularly experienced across India in 2021. A record rise in the price of coal and natural gas is also seen amid an intensifying energy shortage. Why are fuel prices rising and how
Adani Group’s port deal worth 52 million USD with Myanmar military-controlled company has come to a standstill owing to the sanctions by the United States over human rights violations.
