Hindenburg Research

After Adani, Hindenburg targets Jack Dorsey's Block; firm's shares slump

Hindenburg's report, which was behind a market rout of more than $100 billion in India's Adani Group earlier this year, alleges payments firm led by Twitter co-founder overstated its user numbers and understated its customer acquisition costs.

India's top court orders investigation into Adani group

Probe order comes after allegations by US short-seller Hindenburg Research that accused Adani companies of engaging in market manipulation and other fraudulent practices.

India's Adani speaks about turmoil as Citigroup stops margin loans

Gautam Adani, who saw $100 billion rout in shares of his listed firms, says his conglomerate has "impeccable track record" of fulfilling debt obligations. Meanwhile, Citigroup stops accepting securities of his firms as collateral for margin loans.

All you need to know about the Adani Group scandal

The multinational conglomerate lost over $90 billion since a report accused it of "the largest con in corporate history."

Fraud claims wipe $48B off India's Adani Group stocks

Shares of Gautam Adani's business empire sink nearly 20 percent as scathing report by Hindenburg Research ignites rout in conglomerate's listed firms, casting doubts on how investors will respond to company's record $2.45 billion secondary sale.

Hindenburg report on India's Adani Group 'highly credible': Bill Ackman

"I found Hindenburg report highly credible and extremely well researched," says billionaire hedge fund manager, adding Adani Group's response "speaks volumes. Caveat emptor."

Asia’s richest man was shorted by a US research firm. Chaos ensued

The Adani Group is led by Gautam Adani, the third richest man in the world (now the fourth). It has lost billions in market value in two days, all due to a report by Hindenburg Research, specialising in “forensic financial research”.

India's Gautam Adani accused of pulling 'largest con in corporate history'

Asia's richest man Gautam Adani's group vehemently denies allegations of "stock manipulation and accounting fraud" by Hindenburg Research that plunged the group's shares and swiftly eroded $10.73 billion from Adani's wealth.