Hindenburg Research, a US investment research firm known for short-selling, and whose reports resulted in wiping out billions of dollars of Indian billionaire Gautam Adani and his companies, has been shut down, its founder Nate Anderson announced Wednesday.
As I've shared with family, friends and our team since late last year, I have made the decision to disband Hindenburg Research. The plan has been to wind up after we finished the pipeline of ideas we were working on. And as of the last Ponzi cases we just completed and are sharing with regulators, that day is today, Anderson announced.
In the last few years, Hindenburg Research had launched a campaign against the Adani group. Its reports published since 2023 had resulted in billions of dollars of loss for the Indian billionaire. All the charges were denied by Adani and his companies.
The sudden and surprising announcement by Anderson comes within days of a Republican Congressman, a member of the House Judiciary Committee, asking

Hindenburg Research, Adani

According to the police, an intruder broke into the house and allegedly attacked Saif Ali Khan before fleeing the scene when other family members woke up

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PM Modi made these remarks while dedicating three frontline Navy combatants-INS Surat, Nilgiri, and Vaghsheer-to the nation in Mumbai, marking the first time three warships were commissioned together

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Seven contestants are remaining in the house after the eviction of Chahat Pandey as Bigg Boss enters into the final week. The Bigg Boss finale will take place on January 19, 2025

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Stock markets: Analysts see a slow pace of recovery for the India stock markets, with Trump's Presidency and the Union Budget 2025, back home, holding the key to the recovery in investors' portfolio

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Taiwan's intelligence bureau says China's main spy agency is working with criminal gangs, shell companies and other dubious partners to gain intelligence on Taiwan's defences, resulting in a major rise in those arrested for alleged espionage on the island.
Current and retired Taiwanese military personnel are a special concern, accounting for around half of the 64 alleged spies put on trial last year, it said. That number is up from 16 in 2021 and 10 in 2022.
The arrests are in line with China's stepped-up campaign of military intimidation, economic coercion and gray area tactics such as utilizing the internet to promote unification and providing all-expense-paid trips to China to low-level government officials.
According to a report released over the weekend by Taiwan's National Security Bureau, Chinese agents have sought to use the Taiwanese underworld to channel funds to those with information to sell. Gangs, many with origins dating to before the 1949 split between the two sides,

China Taiwan

Delhi-NCR remains gripped by a severe cold wave, with dense fog reducing visibility to near zero in various parts of the capital

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Stock rides high on December's strong volumes and positive market sentiment

Maruti Suzuki

Saif Ali Khan knife attack: After the shocking stabbing of B'wood star Saif Ali Khan on Jan 16, celebs have shared concerns on their security in the city and tweeted for the actor's recovery

Bollywood actor Saif Ali Khan

Despite a bigger battery, the Mix Flip 2 flip-style foldable is expected to be thinner and lighter than its predecessor

Xiaomi Mix Flip

Congress on Thursday said it would give Rs 500 LPG cylinder, free ration kits, and free electricity up to 300 units to the city residents if voted to power in Delhi.
The announcement was made by Telangana Chief Minister Revanth Reddy who was addressing a press conference here with AICC Delhi in-charge Qazi Nizamuddin and Delhi Congress chief Devender Yadav.
"Congress will fulfil its five guarantees if it will be elected to power in Delhi," Reddy said.
On January 6, the Congress announced its 'Pyaari Didi Yojana,' promising a monthly monetary grant of Rs 2,500 to women, if it is voted to power.
On January 8, the party announced its 'Jeevan Raksha Yojana,' under which it promised to provide free health insurance of up to Rs 25 lakh.
The party on Sunday also promised to give Rs 8,500 every month to educated unemployed youths in Delhi every month for one year.
Polling for the 70-member Delhi Assembly will be held on February 5 and votes will be counted on February 8.

Congress, Congress flag

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Short-seller Hindenburg Research behind Adani Group selloffs disbanded

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