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

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Havells india electronic fans

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

Saif Ali Khan

From a few rain gauges in 1875 to rivalling the world's best weather agencies, the India Meteorological Department (IMD) has weathered its way to becoming a global leader in forecasting.
Born out of calamities -- a devastating cyclone in 1864 and monsoon failures in 1866 and 1871 -- the IMD, turning 150 on January 15, has transformed from a humble setup into a cutting-edge hub of weather science.
"HF Blandford, the first Meteorological Reporter to the then Government of India, prepared the first rainfall map of the country (undivided India) using data from 77 rain gauges... The IMD has come a long way since its modest start," IMD Director General Mrutyunjaya Mohapatra told PTI.
According to its 2023 report, the IMD operates 39 Doppler Weather Radars, INSAT 3D/3DR satellites providing 15-minute cloud updates, and a robust network of 806 Automatic Weather Stations, 200 Agro-AWS, 5,896 rain monitoring stations, 83 lightning sensors and 63 Pilot Balloon Stations.
The IMD's key ...

Odisha joined the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana scheme on Monday, seven months after the BJP came to power in the state.
The Odisha government's Health and Family Welfare department signed a Memorandum of Understanding (MoU) with the National Health Authority (NHA) in New Delhi to become the 34th state or Union Territory to implement the health assurance scheme.
The pact was signed in presence of Union Health and Family Welfare Minister Jagat Prakash Nadda, Odisha Chief Minister Mohan Charan Majhi and several other dignitaries.
Though the BJP-led Centre had urged Odisha's previous government to join Ayushman Bharat, the BJD administration rejected the proposal, claiming that its own medical insurance scheme, Biju Swasthya Kalyan Yojana (BSKY), was better.
The saffron party came to power in Odisha in June 2024, defeating the Biju Janata Dal (BJD) which ruled the state for 24 years in a row. The Majhi government has replaced the BSKY with the Gopabandhu Jan Arogya 

Mohan Charan Majhi, Mohan, Charan, Odisha CM

The initial public offer of Laxmi Dental Ltd got fully subscribed within minutes of opening for bidding on Monday and finally ended the day with 5.28 times subscription.
The initial share sale received bids for 4,73,96,250 shares against 89,70,371 shares on offer, translating into 5.28 times subscription, according to data available with the NSE.
The portion for Retail Individual Investors (RIIs) fetched 12.40 times subscription while the category for non-institutional investors got subscribed 10.85 times. The quota for Qualified Institutional Buyers (QIBs) received 13 per cent subscription.
OrbiMed-backed Laxmi Dental has collected a little over Rs 314 crore from anchor investors.
The issue with a price band of Rs 407-428 per scrip will conclude on January 15.
The IPO is a combination of a fresh issue of equity shares for up to Rs 138 crore and an OFS of up to 1.31 crore equity shares worth Rs 560 crore by promoters -- Rajesh Vrajlal Khakhar and Sameer Kamlesh Merchant, and other

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

Fog, Winter, Dehradun Fog, Uttarakhand Winter, Uttarakhand Fog

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

Maruti Suzuki

Indian nationals remain excluded from eligibility for the H-2B visa, as per the Department of Homeland Security's (DHS) updated list of eligible countries

US Visa

Jan Suraaj Party founder Prashant Kishor on Thursday withdrew his fast unto death after 14 days of protest over alleged irregularities in a competitive exam conducted by the Bihar Public Service Commission on December 13 last year.
However, the former political strategist said his Satyagraha' would continue for the cause of civil service aspirants, and the youth of the state and also against the alleged authoritarian' attitude of the state government.
The matter, seeking the cancellation of the BPSC's 70th Combined Competitive exam held on December 13, is being heard by the Patna High Court today. It's a coincidence that I am calling off my fast unto death on a day when the matter is being heard before the court. We are quite hopeful that job aspirants will get justice from the Patna High Court. If they don't get justice, we will knock on the door of the Supreme Court," Kishor said.
He had started fast unto death on January 2, demanding cancellation of the BPSC exam.
Before ...

Prashant Kishore, Prashant

Providing nutritional support to half the households with individuals undergoing tuberculosis (TB) treatment could prevent roughly 4.5 per cent TB-related deaths and 2.2 per cent of disease episodes by 2035, a modelling study has found.
The study, published in The Lancet Global Health journal, estimated that more than 3.6 lakh deaths and over 8.8 lakh TB cases could be averted through such intervention.
Typically, about 24 households would need to be treated of tuberculosis to prevent one death, while 10 would need to be treated to prevent one case, researchers, including those from the Indian Council of Medical Research (ICMR)-National Institute for Research in Tuberculosis (NIRT), Chennai, estimated.
The nutritional intervention could have an additional cost of about USD 1,349 million on the health system, with potential benefits of USD 167 for every disability-adjusted life-year averted, they projected.
'Disability-adjusted life-year' is a metric that helps measure overall burde

tuberculosis

After Shilpa Shirodkar was evicted, six contestants have made it to the Bigg Boss 18 grand finale, which is set for January 19, 2025, only three days away

Bigg Boss 18 Voting Trends

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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Prashant Kishor ends fast unto death over BPSC exam irregularities

Nutritional support to half of TB households could prevent 4.5% deaths

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