- A US-based short-seller which had published reports accusing top financial entities in India and abroad of financial wrongdoings and fraud is set to shut down.

allAfrica

South Africa

Kenya: US Firm That Accused Adani Group of Fraud Shuts Down

US-based Hindenburg Research, known for its controversial short-selling practices, is shutting down operations. The closure has raised questions about the firm’s practices, its impact on markets, and the possible reasons behind this sudden move. In January 2023, Hindenburg Research released a report against Adani Group, wiping more than $100 billion in value of the Indian conglomerate. The short-seller accused Adani Group of using offshore tax h…

Media Bias/Fact Check

The Hindu

The Hindu Group

India

Hindenburg Research Shuts Down: All You Need to Know

Amadou Mahtar Ba

Hindenburg Research, storied for its short-selling reports, is winding up its business. The firm, which gained traction for rattling the Adani Group in 2023, was pursuing probes against some of the biggest corporate moguls worldwide.

Live Mint

HT Media

New Delhi

Delhi

Why did Hindenburg Research close? Short-seller that rattled Adani group disbands firm

Founder of Hindenburg Research, Nathan Anderson, announced disbanding the short-selling firm whose reports resulted in wiping out billions of dollars of Indian billionaire Gautam Adani and his companies

Firstpost News

Mukesh Ambani

Mumbai

Maharashtra

'No particular threat': US short-seller Hindenburg, which targeted Adani Group, to shut down

Hindenburg Research, the US-based short-selling firm known for its explosive reports on financial misconduct, is shutting down after nearly eight years in operation. Nate Anderson, the firm's founder, announced on Wednesday that the company would disband, citing personal reasons.
While Anderson did not go into detail about the cause, he stated that he wanted to focus more on spending time with family and friends.
Founded in 2017, Hindenburg Rese…

The Express Tribune

Pakistan

Hindenburg Research, known for Adani probe, announces shutdown

New Delhi, Jan 16 (PTI) With Hindenburg Research set to disband, the Congress on Thursday said its closure does not mean a clean chit for "Modani" and asserted that without a JPC, the "already-compromised" institutions of the Indian state will continue to act only to protect the powerful.The opposition party's assertion came after Hindenburg Research founder Nate Anderson announced that the US short-seller would disband.Hindenburg Research made …

NewsDrum

Closure of Hindenburg Research not clean chit for 'Modani': Congress

MUMBAI — A US-based short-seller that had published reports accusing top financial entities in India and abroad of financial wrongdoings and fraud is set to shut down.Nate Anderson, the founder of Hindenburg...

AlKhaleej Today

US firm that accused Adani Group of fraud shuts down

A US-based short-seller which had published reports accusing top financial entities in India and abroad of financial wrongdoings and fraud is set to shut down. Nate Anderson, the founder of Hindenburg Research, announced on Wednesday that he was disbanding the company almost eight years after starting it. The firm had made headlines in India in 2023 after publishing explosive reports about billionaire Gautam Adani’s conglomerate, sparking politi…

KahawaTungu

Nairobi

Nairobi County

Kenya

Indian tycoon Gautam Adani is one of Asia’s richest men A US-based short-seller which had published reports accusing top financial entities in India and abroad of financial wrongdoings and fraud is set to shut down. Nate Anderson, the founder of Hindenburg Research, announced on Wednesday that he was disbanding the company almost eight years after […] The post US firm that accused Adani Group of fraud shuts down appeared first on Ghanamma.com.

ghanamma.com

It was on Wednesday that founder Nate Anderson announced the shutting down of the short seller, which is renowned for incriminating revelations against business tycoon Adani Group

Kenya: US Firm That Accused Adani Group of Fraud Shuts Down

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