PIL in SC seeks prosecution of short sellers for ‘artificial’ crashing of Adani Group’s stock value

PIL in SC seeks prosecution of short sellers for ‘artificial’ crashing of Adani Group’s stock value

[ad_1] New Delhi: A PIL has been filed in the Supreme Court, seeking the prosecution of short seller Nathan Anderson of US-based firm Hindenburg Research and his associates in India and the US, for allegedly exploiting innocent investors and the “artificial crashing” of the Adani Group’s stock value in the market. Hindenburg engages in activist…

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Diaspora groups in UK protest against BBC over controversial documentary

Diaspora groups in UK protest against BBC over controversial documentary

[ad_1] London: Hundreds representing different Indian diaspora organisations gathered outside the BBC headquarters in central London on Sunday to protest against what they branded as “fake news” behind the broadcaster’s controversial series on Prime Minister Narendra Modi. The “Chalo BBC” protests were coordinated across BBC studios in London, Manchester, Birmingham, Glasgow and Newcastle and brought…

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US’s Hindenburg Research alleges fraud in Adani group’s dealings

US’s Hindenburg Research alleges fraud in Adani group’s dealings

[ad_1] Chairman of Adani Group, Gautam Adani Hindenburg Research 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. The revelation, which comes just days before Adani Enterprises’ (ADEL.NS) $2.5 billion share sale, sent…

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