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Hindenburg steps up for Adani round two

Hindenburg steps up for Adani round two

An 18-month battle between Hindenburg Research and India's Adani Group has taken a fresh turn, with the US-based short-seller now alleging that the chief of the Securities and Exchange Board of India (Sebi) has a conflict of interest in the matter. The country's market regulator has been investigating the group following Hindenburg Research's report.

Hindenburg saga: Cong's nationwide stir on Aug 22 seeking Buch's exit

Party to call for JPC probe; demand a sham to destabilise economy, counters BJP

Updated On : 13 Aug 2024 | 10:46 PM IST
Hindenburg Research

Hindenburg 2.0: Sebi must fix two systemic issues to strengthen processes

The episode has raised two issues that must be addressed - first, of stock manipulation and violation of public shareholding norms via offshore funds, and second, disclosure norms for decision makers

Updated On : 13 Aug 2024 | 11:45 PM IST
Hindenburg Research

Hindenburg research's claims baseless, misleading: REITs Association

Association has commended Sebi and its leadership for crafting a "rigorous regulatory environment" that includes comprehensive periodic reporting requirements, mandatory independent valuations

Updated On : 12 Aug 2024 | 5:05 PM IST
Hindenburg Research

Adani vs Hindenburg row: As Sebi chief accused, here's all you need to know

Hindenburg Research was founded in 2017 by Nathan Anderson

Updated On : 12 Aug 2024 | 1:52 PM IST
Hindenburg Research

Latest Updates on Hindenburg steps up for Adani round two

No violations: Sebi's finding in the Adani-Hindenburg case explained | Gautam Adani | Adani Group

India’s market regulator SEBI has dismissed allegations made by US-based short seller Hindenburg Research against the Adani Group.

Icon YoutubeNo violations: Sebi's finding in the Adani-Hindenburg case explained | Gautam Adani | Adani Group
Updated On : 23 Sep 2025 | 1:54 PM IST

Adani Group posts ₹1.16 trillion market cap jump, biggest in 10 months

Adani Group stocks added Rs 1.16 trillion in market value, the sharpest rise since November 2024, after Sebi dismissed key Hindenburg allegations against the conglomerate

Adani Group posts ₹1.16 trillion market cap jump, biggest in 10 months
Updated On : 22 Sep 2025 | 8:11 PM IST

Adani seeks accountability as Sebi dismisses Hindenburg allegations

Adani Group demands accountability after SEBI cleared it of Hindenburg's charges that triggered a $150 billion market loss and rattled investor confidence in 2023

Adani seeks accountability as Sebi dismisses Hindenburg allegations
Updated On : 21 Sep 2025 | 4:18 PM IST

More Sebi orders likely in Adani case; MPS, insider trading under lens

Sources said regulator still examining charges related to possible violations of MPS, insider trading norms

More Sebi orders likely in Adani case; MPS, insider trading under lens
Updated On : 19 Sep 2025 | 10:30 PM IST

Adani's regulatory challenges not over as other Sebi probes continue

While there's nothing to indicate whether the conglomerate will face any fines or regulatory censure on pending matters, it means that there'll likely be more Sebi orders on the Adani Group

Adani's regulatory challenges not over as other Sebi probes continue
Updated On : 19 Sep 2025 | 2:57 PM IST

Sebi clean chit in Hindenburg case triggers upto 13% rally in Adani stocks

This regulatory clean chit removes a significant overhang and is likely to bolster institutional investor confidence in Adani Ports, ICICI Securities said

Sebi clean chit in Hindenburg case triggers upto 13% rally in Adani stocks
Updated On : 19 Sep 2025 | 10:08 AM IST

Sebi gives Adani group clean chit, dismisses Hindenburg allegations

Sebi closed proceedings against the Adani group, Gautam Adani and associates, dismissing Hindenburg's charges of fund diversion, RPT violations and fraud raised in 2023

Sebi gives Adani group clean chit, dismisses Hindenburg allegations
Updated On : 18 Sep 2025 | 11:37 PM IST

'No violations': Sebi gives clean chit to Adani in Hindenburg case

In 2023, Hindenburg published a scathing report accusing the Adani Group of stock manipulation, improper use of offshore tax havens, and inflated valuations

'No violations': Sebi gives clean chit to Adani in Hindenburg case
Updated On : 18 Sep 2025 | 7:36 PM IST

In defence of short-sellers: Key to a balanced and functional market

Successful traders who use WSB and publicly announce their positions along with the rationale have inspired millions of followers who enthusiastically mirror their trades

In defence of short-sellers: Key to a balanced and functional market
Updated On : 11 Jul 2025 | 11:44 PM IST

Lokpal dismisses complaints against ex-Sebi chief Madhabi Puri Buch | Hindenburg case

In a major development, the high-profile case involving serious allegations against former Sebi chief Madhabi Puri Buch.

Icon YoutubeLokpal dismisses complaints against ex-Sebi chief Madhabi Puri Buch | Hindenburg case
Updated On : 29 May 2025 | 8:05 PM IST

Lokpal dismisses complaints against ex-Sebi chief Buch in Adani case

Complaints against Madhabi Puri Buch in the Adani-Hindenburg matter were dismissed by the Lokpal for lacking evidence and being based on presumptions and assumptions

Lokpal dismisses complaints against ex-Sebi chief Buch in Adani case
Updated On : 28 May 2025 | 9:04 PM IST

Lokpal dismisses all complaints against former Sebi chief Madhabi Puri Buch

Lokpal has dismissed complaints against former Sebi chief Madhabi Puri Buch, calling the Hindenburg-linked allegations speculative, unsubstantiated, and lacking any verifiable evidence

Lokpal dismisses all complaints against former Sebi chief Madhabi Puri Buch
Updated On : 28 May 2025 | 8:40 PM IST

Adani group shares: Total Gas, Enterprises rally up to 10%; here's why

Gautam Adani's official representatives have met with US President Donald Trump's administration officials to end US bribery cases, reports said.

Adani group shares: Total Gas, Enterprises rally up to 10%; here's why
Updated On : 05 May 2025 | 11:03 PM IST

'Lousy spy fiction': Hindenburg denies Adani, Mossad, Congress conspiracy

An article from news agency Press Trust of India earlier this month had cited unnamed sources claiming that Adani collaborated with agents from Israel's intelligence agency Mossad in an international

'Lousy spy fiction': Hindenburg denies Adani, Mossad, Congress conspiracy
Updated On : 25 Apr 2025 | 7:17 PM IST

Operation Zeppelin: The inside story of how Adani went after Hindenburg

Hindenburg Research, the forensic financial firm that challenged the Adani Group, took its name from the infamous airship that burst into flames upon arriving in New Jersey in 1937. And the counter to its damning report against the conglomerate was dubbed 'Operation Zeppelin,' named after the German dirigible airships used for reconnaissance and bombing during the First World War. In January 2023, Hindenburg published a scathing report describing the Adani Group, one of India's largest conglomerates, led by one of its richest men, as "the largest con in corporate history". The fallout was swift: stock prices plummeted, wiping out over USD 150 billion in market value at the lowest point, and the group's biggest public offering was abruptly scrapped. For a moment, it seemed like Gautam Adani's empire was on the brink. But that impression didn't last long. The group staged a swift comeback, deploying a mix of public relations, legal maneuvers, and strategic tactics to counter the fallo

Operation Zeppelin: The inside story of how Adani went after Hindenburg
Updated On : 22 Apr 2025 | 8:27 PM IST

Will Sebi Chief Madhabi Puri Buch stay or go? A legacy in question

Trailblazing & troubled: Hers has been a tenure defined by reforms, rocked by allegations

Will Sebi Chief Madhabi Puri Buch stay or go? A legacy in question
Updated On : 24 Feb 2025 | 11:32 PM IST

Adani Group signs $207 million private loan for Australia coal port unit

The ability for Adani to secure new debt demonstrates that it is recovering from a fallout after the US indicted Gautam Adani over a bribery plot in November

Adani Group signs $207 million private loan for Australia coal port unit
Updated On : 12 Feb 2025 | 9:39 PM IST

Hindenburg's Nate Anderson stands by Adani report: 'No threat behind closure'

Founded in 2017, Hindenburg Research made money by placing bets against companies it investigated, profiting from their stock price declines after exposing fraud and corporate abuses

Hindenburg's Nate Anderson stands by Adani report: 'No threat behind closure'
Updated On : 04 Feb 2025 | 3:02 PM IST

Hindenburg refutes 'hedge fund' links, says not under US SEC probe

US short-seller Hindenburg Research has said it is not under investigation by the US SEC as it rubbished alleged links of its founder to a hedge fund for preparing reports targeting companies. "Hindenburg is not under investigation by the SEC, to our knowledge, and any suggestion to the contrary is false," the firm said after a Canadian portal cited documents filed before a court in Ontario to allege that its founder Nate Anderson was under cloud for alleged links with hedge funds. Citing a cache of documents filed at the Ontario Superior Court of Justice in a complex defamation lawsuit, the Market Frauds portal said the head of Canada's Anson hedge fund, Moez Kassam admitted his firm has shared research "with a wide variety of sources" including Hindenburg's Nate Anderson. Hindenburg colluded with Anson while preparing a report. The preparation of bearish reports without disclosure of participation can be charged as securities fraud by the US Securities and Exchange Commission ...

Hindenburg refutes 'hedge fund' links, says not under US SEC probe
Updated On : 20 Jan 2025 | 1:44 PM IST

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

Nate Anderson, 'activist' short-seller who has announced shutting down of his almost eight years old research firm Hindenburg, is under cloud for alleged links with hedge funds in preparing reports targeting companies, a Canadian portal said citing documents filed before a court in Ontario. In a cache of documents filed at the Ontario Superior Court of Justice in a complex defamation lawsuit, the head of Canada's Anson hedge fund, Moez Kassam said his firm has shared research "with a wide variety of sources" including Hindenburg's Nate Anderson. The Market Frauds portal said that court documents allegedly revealed that Hindenburg colluded with Anson while preparing a report. The preparation of bearish reports without disclosure of participation can be charged as securities fraud by the US Securities and Exchange Commission (SEC). While short sellers borrow a security, sell it on the open market, and expect to repurchase it for less money after their damning report against the compan

Hindenburg's Nate Anderson under cloud for sharing report with hedge fund
Updated On : 19 Jan 2025 | 5:47 PM IST