Business and Finance Business and Finance
Thu, January 16, 2025
[ 08:41 AM ] - MSN
Warren demands clarity for big business exemptions to Trump's tariffs
[ 08:41 AM ] - MSN
From Loss to Recovery: Small business owner fights back after $50,000 bank imposter scam
[ 08:40 AM ] - Kiplinger
Seven Tips to Land Your First Client as a Financial Adviser or Entrepreneur
[ 08:40 AM ] - Reuters
PNC Financial's profit rises on interest income growth, lower rainy-day funds
[ 08:20 AM ] - Forbes
Investing In Women: A Strategic Imperative For Diverse And Profitable Venture Capital
[ 07:40 AM ] - MSN
Polestar Automotive expects positive adjusted EBITDA in 2025
[ 07:21 AM ] - Kiplinger
Asset Protection for Affluent Retirees in 2025
[ 07:21 AM ] - Forbes
Made In America: 5 Strategies To Respond To Potential Tariffs
[ 07:20 AM ] - Reuters
EV maker Polestar's full-year car sales miss forecast
[ 07:01 AM ] - Reuters
Morning Bid: Inflation relief and bumper bank earnings
[ 07:01 AM ] - MSN
Dimon Sees Red Flags for Markets in a Healthy Eco .. omy. Here's Why and 5 Other Things to Know Today.
[ 07:00 AM ] - Reuters
Bank of America profit rises on investment banking boost
[ 07:00 AM ] - Reuters
M&T Bank fourth-quarter profit jumps 41% on higher fee income
[ 06:20 AM ] - Kiplinger
A Strategic Way to Address the Tax-Deferred Disconnect
[ 06:20 AM ] - timesnownews
UPI Goes Global: NIPL and Magnati Bring QR-Based Payments to UAE Merchants
[ 06:00 AM ] - MSN
Lenders expect mortgage demand to shrink in early 2025, Bank of England finds
[ 05:40 AM ] - MSN
Team SA ready to showcase nation's potential at WEF in Davos
[ 05:21 AM ] - MSN
US Firm Behind Adani Scandal Investigation Announces Closure
[ 04:20 AM ] - Reuters
Bank CEOs expect Trump bump to business as profits surge
[ 03:20 AM ] - MSN
THIS man married an actress who made her debut wi .. kh Khan and has net worth Rs 110 crore, she is...
[ 03:01 AM ] - MSN
Why is Apple replacing Goldman Sachs as its credit card partner?
[ 03:00 AM ] - TechRadar
Identifying the evolving security threats to AI models
[ 02:41 AM ] - NDTV
The Difference Between Interim Budget And Full Budget
[ 02:20 AM ] - Forbes
Five Web3 Trends To Watch In 2025: AI, DePINs, RWAs And Beyond
[ 01:40 AM ] - sinchew
HKPC "ForeSight 2025" Explores Economic Future and Champions Sustainable Development in Hong Kong
[ 01:20 AM ] - cnbctv18
Budget 2025 Expectations LIVE Updates: Key expect .. ster Nirmala Sitharaman's February 1 presentation
[ 01:00 AM ] - Reuters
Indian central bank's daily liquidity infusion to aid money markets, traders say
[ 12:40 AM ] - MSN
Opening Bell: 1.15.25
Wed, January 15, 2025
[ 07:40 PM ] - MSN
West Hartford shares economic development over the past year
[ 06:41 PM ] - MSN
Stocks to Watch: Adani Green, HDFC AMC, Hindustan Zinc, Adani Energy, and IRFC

US Firm Behind Adani Scandal Investigation Announces Closure


Published on 2025-01-16 05:21:04 - MSN
  Print publication without navigation

  • A US-based financial research firm, Hindenburg Research, which exposed questionable business practices within the Adani Group has announced its closure. In a surprising turn of events, Nathan (Nate) Anderson,

The U.S. firm Hindenburg Research, known for its short-selling strategies and for sparking a significant controversy with its report on the Adani Group, has announced its closure. The report accused the Adani Group, led by billionaire Gautam Adani, of engaging in stock manipulation and accounting fraud, leading to a massive $150 billion drop in the conglomerate's market value. Despite the Adani Group's rebuttal and a Supreme Court panel's finding that no regulatory failure was evident, the fallout from the report has been substantial. Hindenburg Research, which has now decided to shut down, stated that the closure was due to the completion of their mission to expose corporate malfeasance, although they did not specify if this was directly related to the Adani episode. The firm's actions have had a lasting impact on financial markets and regulatory scrutiny in India.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/us-firm-behind-adani-scandal-investigation-announces-closure/ar-AA1ximDC ]
Contributing Sources