Hindenburg Research accused the Indian conglomerate of engaging in stock manipulation and accounting fraud scheme. Read more at straitstimes.com.
only after the completion of a new share sale that is set to conclude on Jan 31, according to people familiar with the matter.
The group has prepared a response of more than 100 pages and is also seeking legal advice on when to release it, one of the people said, asking not to be identified because the information is private. While it will not be before Jan 31, the people did not specify when the reply would come.
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India's Adani Group says evaluating action against Hindenburg ResearchBENGALURU : Adani Group said on Thursday it is evaluating 'remedial and punitive action' under U.S. and Indian laws against short-seller Hindenburg Research, which in a report accused the conglomerate of improper use of offshore tax havens.Shares in seven listed group companies of Adani lost $10.73 billio
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India's Adani Group says it is evaluating action against Hindenburg ResearchBENGALURU: Adani Group said on Thursday (Jan 26) that it is evaluating 'remedial and punitive action' under United States and Indian laws against short-seller Hindenburg Research
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Adani Group stocks add to losses from short-seller attackBENGALURU: Shares of Adani Group's listed companies fell on Friday (Jan 27), adding to their losses from Wednesday when US short-seller Hindenburg Research launched a scathing
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Twitter research group stall complicates compliance with new EU lawThe stalling of a Twitter program that was critical for outside researchers studying disinformation campaigns throws into question the company's strategy to comply with upcoming regulation in Europe, former employees and experts told Reuters.The European Union's new Digital Services Act (DSA), one of the
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SMSes from organisations not in central registry to be labelled as 'likely scam' from Jan 31SINGAPORE: Starting Jan 31, phone messages from organisations that have not enrolled in a central SMS registry will be labelled 'likely scam'. As part of me
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What to do this weekend (Jan 27 -29)Ready for the weekend? Here's what you can look forward to this week. If you haven't already done so, this is your last chance to visit Ice Magic, the indoor snowy wonderland bringing winter to our tropical island. Need an excuse to visit? The attraction is offering a few promotions to visitors until its swan song. Students can enjoy a...
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