Page 4 - Latest Updates on Hindenburg steps up for Adani round two

Hindenburg takes aim at AI server maker Super Micro with short position

Close ties with chip giant Nvidia have allowed Super Micro, known for its liquid cooling technology for high-power semiconductors, to capitalise on the surge in demand for AI servers

Here's why Hindenburg 2.0 requires a different response from India

Supreme Court in New Delhi should consider bringing back the committee it had set up last year after the New York-based short seller's original report

Hindenburg row: Cong holds protests, demands Buch's resignation, JPC probe

The Uttar Pradesh Congress held a demonstration here on Thursday, demanding Securities Exchange Board of India (SEBI) chief Madhavi Buch's resignation and the formation of a Joint Parliamentary Committee (JPC) to investigate the Adani issue. Led by state Congress president Ajay Rai, a large number of party leaders and workers protested outside the Raj Bhavan and demanded the formation of a JPC on the recent Hindenburg report. The Congress' provincial spokesperson Anshu Awasthi said party workers were marching towards the office of the Enforcement Directorate (ED) in Lucknow but police stopped them near the Raj Bhavan, where they held their demonstration. State Congress president Rai said the recent Hindenburg Research report has completely exposed "corruption". "SEBI chief Madhavi Buch should resign or she should be dismissed," he added. Rai also said that the Hindenburg report has exposed the Adani group's "scams". The opposition party has stepped up its attack on the government

Telangana Cong govt hold protest demanding JPC probe into Adani issue

Telangana Chief Minister and state Congress chief A Revanth Reddy, his ministerial colleagues and party legislators on Thursday took part in a dharna here demanding SEBI chief Madhabi Buch's resignation and a Joint Parliamentary Committee probe into the Adani issue. Senior Congress leader and former external affairs minister Salman Khurshid were among the party leaders, who also took part in the protest. Holding placards "The Truth Will Prevail" and raising slogans, the Telangana Pradesh Congress Committee (TPCC) leaders and workers, as part of a nationwide agitation, took out a rally from Gun Park to the Enforcement Directorate (ED) office and later participated in the dharna in front of the ED office premises. "We demand the resignation of the SEBI chairperson and constitution of the JPC to investigate Adani Megascam," they said. The Congress has stepped up its attack on the NDA government after Hindenburg Research launched a fresh broadside against market regulator SEBI chairper

Smoke, fire and fog: Looking beyond the haze of Hindenburg allegations

Rather than being ensnared by the specifics of individual allegations, our focus should be on safeguarding Sebi's integrity as an institution

No plan to probe Buch over Hindenburg row: FinMin sources deny media report

Hindenburg Research on August 10 alleged that Sebi Chief Madhabi Buch and her husband had alleged investments in obscure offshore funds, which were used in the alleged Adani money syphoning scandal

Sebi chief Buch earned revenue in potential rules violation, show documents

Buch joined SEBI in 2017 and was appointed to the top position in March 2022. In those seven years, Agora Advisory Pvt Ltd in which Buch has 99 per cent shareholding, earned a revenue of Rs 3.71 crore

Hindenburg tip of iceberg, only JPC probe can unravel truth: Congress

The demand for a Joint Parliamentary Committee probe into the Adani issue goes beyond the Hindenburg Research's revelations, the Congress said Friday and claimed the "irregularities and wrongdoings" relating to the business conglomerate span every dimension of the political economy. Congress general secretary in-charge communications Jairam Ramesh said "Hindenburg is only the tip of the iceberg" and its allegations are limited to those that deal with the capital markets. "The demand for a Joint Parliamentary Committee (JPC) investigation into the Adani Mega Scam goes far beyond the revelations made by Hindenburg Research's reports. "Irregularities and wrongdoings relating to the Adani Group span every dimension of the political economy, as documented in our 100 question series HAHK (Hum Adani Ke Hain Kaun)," Ramesh said in a post on 'X'. Elaborating on what he said were key elements of the "scam", Ramesh claimed it pertains to "misuse" of India's investigative agencies to secure ..

Hindenburg-Adani saga: Congress announces nationwide protest; check details

Amid the raging row over the Hindenburg allegations, the Congress on Tuesday announced that it will hold a nationwide agitation on August 22 demanding SEBI Chief Madhabi Puri Buch’s resignation

Best of BS Opinion: The PSU disconnect, Rethinking Broadcast Bill, more

Here is the best of Business Standard's opinion pieces for today

Hindenburg row: SC plea seeks conclusive Sebi report in Adani case

Fresh public doubt necessitates Sebi to conclude its probe and declare findings: petitioner

MSCI lifts freeze on Adani stocks, revises stance amid Hindenburg fallout

MSCI, which had earlier excluded Adani Energy and Adani Enterprises from the global standard index, stated it would now review the companies' fundraising activities

Hindenburg allegations: After early selloff, Adani stocks limit losses

Mcap plunges as much as Rs 1.2 trillion before recouping most losses; Markets end flat after opening lower

New plea likely in Supreme Court for Sebi's final findings in Adani case

The petitioner will be filing another plea on Monday seeking updates

Hindenburg Research allegations baseless and misleading, says Reit lobby

Says Sebi developments having market-wide benefits

Hindenburg saga: Markets defeated Cong's toolkit design, says BJP

Ruling party says JPC probe demand a sham; Oppn threatens nationwide stir

Hindenburg asks Sebi chief Buch to come clean on issues raised in report

Continuing its broadside against Sebi chairperson Madhabi Puri Buch, US short-seller Hindenburg Research has asked her to come clean on the clients of a consulting firm in which she held stake even while being in office. Hours after Madhabi and her husband, Dhaval issued a statement calling Hindenburg's latest tirade as an attack on the credibility of Sebi and attempted "character assassination", Hindenburg in a series of posts on X said their response includes several important admissions and raised numerous new critical questions. "Buch's response now publicly confirms her investment in an obscure Bermuda/Mauritius fund structure, alongside money allegedly siphoned by Vinod Adani. She also confirmed the fund was run by a childhood friend of her husband, who at the time was an Adani director," it said. Hindenburg had on Saturday alleged that the Buchs opened an account in 2015 with a wealth management firm in Singapore to invest undisclosed sum of money in a Mauritius-registered ..

Hindenburg report: Congress threatens nationwide stir if JPC demand not met

Stepping up its attack on the Narendra Modi government over Hindenburg Research's allegations against SEBI chairperson Madhabi Puri Buch, the Congress on Monday threatened to launch a nationwide protest if its demand for a Joint Parliamentary Committee (JPC) probe into the matter is not accepted. Hindenburg Research, an investment research firm that uses activist short-selling to expose corporate fraud and malfeasance, alleged on Saturday that SEBI chairperson Madhabi Puri Buch and her husband had undisclosed investments in obscure offshore funds in Bermuda and Mauritius, the same entities allegedly used by Vinod Adani -- the elder brother of group chairman Gautam Adani -- to round-trip funds and inflate stock prices. AICC General Secretary (Organisation) K C Venugopal described the allegations as "very serious" and accused the prime minister of supporting the Adani Group and its chairman Gautam Adani on the matter. He pointed out that the Supreme Court's verdict in this case was ..