Latest News for: Groupe offshore

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Amid Hindenburg-Adani row, Anand Mahindra says ‘Never, ever bet against India’

Live Mint 04 Feb 2023
Adani news LIVEUS short seller Hindenburg Research in a report on January 24 had published a report on Adani Group accusing it of improper use of offshore tax havens and flagging concerns about high debt that sent the Group stocks to crash.The group holds short positions in Adani group companies.
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Congress asks if Adani’s business model is 100% ethical, retweets Rahul’s old tweet

The Siasat Daily 04 Feb 2023
US’s Hindenburg Research alleges fraud in Adani group’s dealings ... Hindenburg Research, a well-known short seller in the United States, disclosed short positions in the Adani Group on Wednesday, accusing the conglomerate of the improperly wide use of businesses established in offshore tax havens and expressing worry about excessive debt levels.
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‘No impact on country’s reputation': FM Sitharaman on Adani row

Live Mint 04 Feb 2023
... short seller Hindenburg Research in a report on January 24 had publsihed a report on Adani Group accusing it of improper use of offshore tax havens and flagging concerns about high debt that sent the Group stocks to crash.The group holds short positions in Adani group companies.
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On Adani controversy, SEBI says committed to ensuring market integrity

Live Mint 04 Feb 2023
... short-seller Hindenburg Research in a report on January 24 published a report on Adani Group accusing it of improper use of offshore tax havens and flagging concerns about high debt that sent the Group stocks to crash.The group holds short positions in Adani group companies.
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Amid Adani-Hindenburg row, Anand Mahindra warns not to 'bet against India'

Hindustan Times 04 Feb 2023
In a tweet, the Mahindra Group chairman warned the global media to “never bet against India... Adani Group's market capitalisation tanked by around ₹1 lakh crore followed by a significant stock market correction after the US short seller Hindenburg Research released a report on January 24 on the Group's malpractices in offshore tax and high debt.
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Adani Enterprises shelves $122 million bond plan

The Telegraph India 04 Feb 2023
Advertisement ... A spokesperson for Adani Group did not immediately respond to Reuters request for comment ... A report by Hindenburg Research last week alleged improper use of offshore tax havens and stock manipulation by the Adani Group ... .
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'Indians created negative narrative against Adani': RSS on row with Hindenburg

Live Mint 04 Feb 2023
... short seller Hindenburg Research in a report on January 24 had published a report on Adani Group accusing it of improper use of offshore tax havens and flagging concerns about high debt that sent the Group stocks to crash.The group holds short positions in Adani group companies.
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Adani Enterprises shelves $122 million bond plan – Bloomberg News

FX Empire 04 Feb 2023
short-seller’s criticisms wiped billions more off the value of the Indian tycoon’s stocks ... A spokesperson for Adani Group did not immediately respond to Reuters request for comment ... A report by Hindenburg Research last week alleged improper use of offshore tax havens and stock manipulation by the Adani Group ... ($1 = 82.2060 Indian rupees) ... Sign Up ... ....
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Adani Enterprises shelves $122 million bond plan, Bloomberg reports

Reuters 04 Feb 2023
short-seller's criticisms wiped billions more off the value of the Indian tycoon's stocks ... U.S ... View 2 more stories. A spokesperson for Adani Group did not immediately respond to Reuters request for comment ... A report by Hindenburg Research last week alleged improper use of offshore tax havens and stock manipulation by the Adani Group ... Gallery.
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Indian Tycoon Hit by Allegations of Fraud Faces Huge Losses

Voa News 04 Feb 2023
The Adani Group has called the allegations “nothing but a lie.” ... In a report, it accused the group of artificially boosting share prices by funneling money into stocks through offshore tax havens ... Hindenburg said that the "brazen stock manipulation” and accounting fraud by Adani Group was "the largest con in corporate history."
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Adani Group stocks: Why is NSE not reevaluating index membership, questions TMC MP Mahua Moitra

Live Mint 03 Feb 2023
Just a few days back, things were all fine for the Gautam Adani-led Adani Group ... The Group has shed $108 billion in market ... The short seller, which took a position in offshore Adani securities, characterized the group’s meteoric rise as “the largest con in corporate history.' .
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P&I clubs move in on fast-expanding offshore wind

Tradewinds 03 Feb 2023
Offshore is now one of the most attractive ...
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Adani rout erases half of group value since Hindenburg Report

Indian Express 03 Feb 2023
The group\u2019s 10 stocks all fell in early Mumbai trading, with $120 billion, or more than half of their combined value, erased since the US-based short seller last week claimed that offshore shell entities were used to inflate Adani group\u2019s revenues and manipulate stock prices.
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Adani stock nosedive costs $120bn, half of group's value since Hindenburg report

Hindustan Times 03 Feb 2023
The group’s 10 stocks all fell in early Mumbai trading, with $120 billion, or more than half of their combined value, erased since the US-based short seller last week claimed that offshore shell entities were used to inflate Adani group’s revenues and manipulate stock prices.
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BoJo’s brother quits Adani-linked firm

Financial Express 03 Feb 2023
Adani Group has, meanwhile, refuted all allegations by the Hindenburg report and has also denied any association with either Elara or the offshore funds named by Hindenburg ... Adani Group has, meanwhile, refuted all allegations by the Hindenburg report and has also denied any association with either Elara or the offshore funds named by Hindenburg.
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