Gautam Adani's conglomerate suffered a loss of over $120 billion since Hindenburg had released its report on January 24.
In addition to raising worries about rising debt, the Hindenburg Research study on January 24 suggested unlawful use of offshore tax havens and stock manipulation. Gautam Adani’s fortune was reduced to $53 billion from a peak of over $150 billion in September 2022 as a result of the stock market crash following the release of a Hindenburg report, and he was pushed outside the top 35 on Forbes' list of the world's richest people. Gautam Adani's conglomerate suffered a loss of over $120 billion since Hindenburg had released its report on January 24.
Hidenburg Research's previous report has caused Indian tycoon Gautam Adani wealth decline by about 60% from its peak point.
(ALSO READ: Hindenburg Research is a financial research firm that examines derivatives, credit, and stock for possible mismanagement, bookkeeping irregularities, and hidden transactions. The US short-seller on January 24 attacked Adani group with a 106-page-long report accusing the firm of various financial malpractices.
Hindenburg Research tweeted Thursday that it is coming with yet another report without giving out many details.
TRENDING MOST READ Even though the Adani Group has denied all these allegations, Gautam Adani lost around $61.7 billion of his wealth on a year-to-date basis. The short-seller accused Adani Group of indulging in accounting fraud and stock manipulation. What do you think???” tweeted a research analyst. “Hindenburg Research saying new report coming. “Hold onto your hats because the latest breaking news is hot off the press! The question is, which company is it this time?” This time do a Chinese one for a change.” Another user who goes by the username Baalo Sahab on Twitter replied and said they have covered Chinese companies previously. Soon after the US-based short-seller Hindenburg Research announced it will bring up another big report shortly, Twitter users wondered if other Indian company will be targeted after Adani. The user tweeted, “Hopefully not another Indian company! We've just received word that Hindenburg research, is about to drop a bombshell report.
International Business News: The firm run by Nate Anderson gained more prominence this year after its scathing report on billionaire Gautam Adani's group ...
The latest tweet by the New York-based research firm didn’t provide any specifics on the timing of the next report’s release, or what it intends to say. The firm run by Nate Anderson gained more prominence this year after its wiped out more than $150 billion from the Indian conglomerate’s market value in about five weeks since publication on January 24.
Months after explosive allegations of stock manipulation and accounting fraud against Adani Group, US short seller Hindenburg Research has said it is coming ...
Meanwhile, the Opposition is pushing for a Joint Parliamentary Committee (JPC) to probe the allegations against billionaire businessman Gautam Adani. Consequently, the Supreme Court noted that in view of the “safety of investors”, a committee was to be set up to assess whether the larger regulatory mechanism needs changes. [investment research firm Hindenburg Research published a report](https://indianexpress.com/article/business/hindenburg-alleges-brazen-fraud-by-adani-company-calls-it-malicious-baseless-8404042/) accusing the conglomerate of engaging “in a brazen stock manipulation and accounting fraud scheme over the course of decades”.
Investment research firm Hindenburg Research on March 23 said it will soon release a new report, two months after the firm released findings that alleged ...
Adani Group had rebuffed Hindenburg's allegations as a "calculated attack" on India, its institutions and growth story, saying the allegations are "nothing but a lie." “Where is Hindenburg hiding now?” questioned a user. Mar 22, 2023 IST2 Min(s) Read
Hindenburg Research has now said that it is coming up with a new report soon on another target and promised it to be a 'big one'. Hindenburg on January 24, ...
[Hindenburg Research](/topic/hindenburg-research)has now said that it is coming up with a new report soon on another target and promised it to be a 'big one'. It called out a vast array of alleged lies and deceptions by Adani also unexpectedly announced the withdrawal of its Rs 20,000-crore follow-on public offer (FPO), which had been successfully completed the day before. The company said over the past decade, group companies have "consistently de-levered". investors. The business tycoon whose wealth soared manifold in the recent decade now faces investigation by Indian authorities.
Hindenburg Research News: अमेरिकी रिसर्च फर्म ने 23 मार्च 2023 की रात को एक ट्विट करके कई दिग्गज ...
కేవలం నెల రోజుల వ్యవధిలోనే అదానీ గ్రూప్ 120 బిలియన్ డాలర్ల నష్టాన్ని చవిచూడాల్సి ...
అదానీ గ్రూప్ పతనం వల్ల మనలో చాలామందికి హిండెన్బర్గ్ రీసెర్చ్ సంస్థ గురించి తెలిసింది. అయితే, దీని తొలి బాధితురాలు అదానీ గ్రూప్ మాత్రం కాదు, అంతకుముందే కొన్ని అమెరికన్ కంపెనీలపై హిండెన్బర్గ్ నివేదికలు వెలువడ్డాయి. Hindenburg Research New Report: అదానీ గ్రూప్పై (Adani Group) నివేదికతో కొంప ముంచిన హిండెన్బర్గ్ రీసెర్చ్ మరో బాంబు పేల్చింది. 2023 జనవరి 24న అదానీ గ్రూప్పై హిండెన్బర్గ్ రీసెర్చ్ ఒక నివేదికను సమర్పించింది, అదానీ గ్రూప్ మీద చాలా ఆరోపణలు చేసింది. "త్వరలో కొత్త నివేదిక రాబోతోంది - అది చాలా పెద్దది" అని హిండెన్బర్గ్ ట్వీట్ చేసింది. గ్రూప్ ఓనర్ గౌతమ్ అదానీ వ్యక్తిగత సంపద సైతం రికార్డ్ స్థాయిలో క్షీణించింది, దాదాపు 150 బిలియన్ డాలర్ల నుంచి 53 బిలియన్ డాలర్లకు పడిపోయింది.
Hindenburg Research: एक ट्वीट ने चढ़ाया पारा... अडानी या कोई नया शिकार, हिंडनबर्ग ने किया ये इशारा!
सिर्फ अडानी ग्रुप ही नहीं बल्कि अमेरिका के कई कंपनियों पर हिंडनबर्ग रिपोर्ट तैयार कर चुका है. हिंडनबर्ग ने 24 जनवरी को अडानी ग्रुप पर रिपोर्ट पेश की थी, जिसमें कई आरोप लगाए थे. HindenBurg Report After Adani Group: हिंडनबर्ग ने अडानी ग्रुप पर रिपोर्ट के बाद एक नई रिपोर्ट लाने के संकेत दिए हैं.
Hindenburg Research said on Thursday it held short positions in Jack Dorsey-led payments firm Block Inc.
MOST READ TRENDING Founded in 2017 by Nathan Anderson, Hindenburg is a forensic financial research firm that analyses equity, credit and derivatives. The report alleges those unbanked customers were involved in criminal or illicit activity. Cash App allows individuals to quickly receive and send money to other people from their mobile devices. Block's shares declined 20% to $58.35 at 9:54 am in US markets after the report. 'Our research indicated that Block has wildly overstated genuine user counts and understated its customer acquisition costs,' said Hindenburg Research. Dorsey, Block’s chairman, was a co-founder of Twitter, the social media platform in which Hindenburg took a long position last year. In addition to mobile banking, Cash App also offers the option to purchase stock and Bitcoin through its platform.
After rattling the Adani group two months ago, US based short seller Hindenburg research has now targeted Twitter co founder Jack Dorsey's company Block.
The magic behind [$SQ]has not been innovation, but its willingness to mislead investors, facilitate fraud, avoid regulation & dress up predatory products as revolutionary tech. [$SQ]systematically exploits the demographics it claims to help. Before the US stock market opens later today, Block shares are currently trading at $72.65. (3/n) [March 23, 2023] [March 23, 2023] Block is an American multinational technology firm founded in 2009 by Jack Dorsey and Jim McKelvey.
US-based short-seller Hindenburg Research that released the damning report on the Adani Group, that led to a wipe-out of billions of dollars of investors ...
RECOMMENDED The roadshows, attended by Jugeshinder Singh, were attempts at firefighting as the group aimed to shore up investor confidence. Gautam Adani and the group CFO Jugeshinder Singh swept in to damage-control. It also questioned Vinod Adani’s role in the company, its deals and entities. The short-seller levelled allegations of stock manipulation, accounting fraud and other financial misdeeds on the conglomerate. Without sharing any details, the short-seller said that the new report is "another big one".
Almost two months after rattling the Adani group through its report dated January 24, 2023, Hindenburg Research will soon release a new report on another ...
Now it remains to be seen who the next target is for Hindenburg research, with back-to-back bank collapses already raising fears in the global financial markets. As per the ET report, Hindenburg isn’t a hedge fund, and on its website, it describes itself as one that specialises in forensic financial research. the US. New report soon—another big one.— Hindenburg Research (@HindenburgRes) "New report soon—another big one," Hindenburg Research wrote on Twitter. [After already targeting 17 companies, Hindenburg Research gained more prominence this year after its scathing report on billionaire Gautam Adani’s group](#highlight_139917) [Now it remains to be seen who the next target is for Hindenburg research, with back-to-back bank collapses already raising fears in the global financial markets](#highlight_139918)
"Our 2-year investigation has concluded that Block has systematically taken advantage of the demographics it claims to be helping," Hidenburg Research said ...
It has a track-record of finding corporate wrongdoings and placing bets against the companies. "Our 2-year investigation has concluded that Block has systematically taken advantage of the demographics it claims to be helping," the short seller said in a note published on its website. "Our 2-year investigation has concluded that Block has systematically taken advantage of the demographics it claims to be helping," Hidenburg Research said in a note published on its website.
Hindenburg Research has now said that it is coming up with a new report soon on another target and promised it to be a 'big one'. Hindenburg on January 24, ...
investors. [Hindenburg Research](/topic/hindenburg-research)has now said that it is coming up with a new report soon on another target and promised it to be a 'big one'. It called out a vast array of alleged lies and deceptions by Adani also unexpectedly announced the withdrawal of its Rs 20,000-crore follow-on public offer (FPO), which had been successfully completed the day before. The company said over the past decade, group companies have "consistently de-levered". The business tycoon whose wealth soared manifold in the recent decade now faces investigation by Indian authorities. In the same year in June, it wrote about WINS Finance, pointing out that a company subsidiary in China was subject to a RMB 350 million asset freeze which had not been disclosed to U.S. In September 2020, Hindenburg had published a report Nikola: How to Parlay An Ocean of Lies Into a Partnership With the Largest Auto OEM in America, with the help of whistleblowers and former employees. Hindenburg flagged that WINS’ parent, which owned 67.7% of WINS’ equity, had already been declared insolvent in China with no disclosure to U.S. The Adani Group had rubbished the allegation of stock manipulation, saying it had "no basis" and stemmed from ignorance of Indian law. It alleged, "Gautam Adani, Founder and Chairman of the Adani Group, has amassed a net worth of roughly $120 billion, adding over $100 billion in the past 3 years largely through stock price appreciation in the group’s 7 key listed companies, which have spiked an average of 819% in that period." On January 24, Hindenburg, in a report titled Adani Group: How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History, alleged following two-year investigation that Rs 17.8 trillion conglomerate Adani Group has engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades.
In the report, said to be based on a two-year investigation, the firm alleged that Adani Group engaged in brazen stock manipulation and accounting fraud over ...
Hindenburg showed how the company was under severe financial distress and identified numerous accounting irregularities, including evidence of undisclosed related party transactions. In the report, said to be based on a two-year investigation, the firm alleged that Adani Group engaged in brazen stock manipulation and accounting fraud over the course of decades. However, Hindenburg claimed the video was actually just showing the truck rolling down a hill after getting towed to the top. The report saw Nikola founder and executive chairman Trevor Milton resigning from the company. Hindenburg flagged that WINS Finance's parent firm, which owned 67.7 per cent of WINS' equity, had already been declared insolvent in China. This website uses cookies or similar technologies, to enhance your browsing experience and provide personalised recommendations. Hindenburg Research has a track record of exposing corporate wrongdoings. Basically, to sum it up, the firm looks for corruption or fraud in the business world and investigates them. Short sellers create an important system of checks and balances in markets. His interest in investigative research grew when he was working with Blue Heron Capital and Tangent Capital. Hindenburg claims it looks for similar disasters in financial markets. This is how Hindenburg makes money.
Hindenburg Research: మరో బాంబు పేల్చనున్నట్లు చెప్పింది హిండెన్బర్గ్ రీసర్చ్ సంస్థ.
జనవరి 24వ తేదీన అదానీ గ్రూపుపై హిండెన్బర్గ్ సంస్థ 106 పేజీల రిపోర్టును రిలీజ్ చేసింది. ఇటీవల అదానీ స్టాక్స్(Adani stocks) అంశంపై అమెరికాకు చెందిన హిండెన్బర్గ్ సంస్థ ఇచ్చిన రిపోర్ట్ వల్లే.. న్యూయార్క్: హిండెన్బర్గ్ రీసర్చ్(Hindenburg Research) సంస్థ త్వరలో కొత్త రిపోర్ట్ను రిలీజ్ చేయనున్నది.
Know more about Block, Jack Dorsey's financial services company and the latest target of Hindenburg Research. After a scathing report on billionaire Gautam ...
In December the same year, Square was rebranded as Block to reflect the financial service company’s broader cryptocurrency and blockchain aspirations. The company laws also removed the CEO and president position. Square Cash was launched as a competitor to mobile service payment company Venmo in 2013. The following year, the company added the feature of free stock trading. shares tumbled 20% to $58.31 at 9:46 am in New York, the company’s biggest intraday decline in three years, after Hindenburg Research said it’s betting on a decline in the stock. In 2018, Cash App allowed users to trade Bitcoin on the platform.
After researching a potential target, Hindenburg places a bet that the stock will decline, then trumpets its research publicly, using social media to get ...
The firm, run by Nate Anderson, describes itself as a forensic research outfit operating with its own capital. Six months later, the shares were down 26% on average. has dropped 48% since the report, even as the group denied Hindenburg’s allegations of accounting fraud and stock manipulation.
कंपनी पर फ्रॉड का आरोप लगा है. जैक डॉर्सी (Jack Dorsey) इस पेमेंट कंपनी के फाउंडर हैं. जैक ...
इस ऐप ने सरकार और कंज्यूमर के खिलाफ फ्रॉड होने में मदद की है. Hindenburg Research के खुलासे के बाद Block Inc के शेयरों में 20 फीसदी की भारी गिरावट आई है. अमेरिका की कुल आबादी 33 करोड़ के करीब है. जैक डॉर्सी के सफर की बात करें तो उन्होंने साल 2010 में Square की स्थापना की थी. ऐसे में ब्लॉक इंक नाम उनके विजन को भी जंचता है. यह ट्विटर को चुनौती देने की तैयारी में है.
Hindenburg Research said on Thursday it held short positions in Block Inc, alleging that the Jack Dorsey-led payments firm overstated its user counts and ...
It has a track-record of finding corporate wrongdoings and placing bets against the companies. With Dorsey and top executives already having sold over $1 billion in equity on Block’s meteoric pandemic run higher, they have ensured they will be fine, regardless of the outcome for everyone else," the report added. Despite having $31 billion in assets, Block avoided these regulations, the report said, by routing payments through a small bank and gouging merchants with elevated fees. With its influx of pandemic Cash App users, Hindenburg says Block quietly fueled its profitability by avoiding a key banking regulation meant to protect merchants. Even when users were caught engaging in fraud or other prohibited activity, Block blacklisted the account without banning the user. "Our 2-year investigation has concluded that Block has systematically taken advantage of the demographics it claims to be helping," the short seller said in a note published on its website.
Hindenburg Research in its latest report, which is released on Thursday, has alleged Twitter co-founder Jack Dorsey's payment app Block for facilitating ...
“In 2017, Block expanded toward more traditional banking by introducing the “Cash Card,” a prepaid debit card allowing users to transact outside of their virtual Cash App wallet. New Delhi: The short-seller Hindenburg Research in its latest report has alleged Twitter co-founder Jack Dorsey’s payment company Block (erstwhile known as Square Inc.) for “facilitating fraud against consumers and government, avoiding regulation, dressing up predatory loans and misleading investors”. “Our 2-year investigation has concluded that Block has systematically taken advantage of the demographics it claims to be helping.
Shares tumble after short seller accuses company of overstating user counts and facilitating fraudulent transactions.
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Block Inc का पुराना नाम Square है और इसका मार्केट कैप 44 बिलियन डॉलर है. इस रिपोर्ट में रिसर्च ...
इस रिपोर्ट के आने के बाद अदानी ग्रुप के के मार्केट कैप में 100 बिलियन डॉलर की भारी गिरावट आई है. इस रिपोर्ट में रिसर्च फर्म ने कहा कि स्क्वॉयर ने फाइनेंशियल टेक्नोलॉजी की मदद से फ्रॉड किया है. इस रिपोर्ट के आने के बाद ब्लॉक इंक के शेयरों में 18 फीसदी के भारी गिरावट आई है.
हिंडनबर्ग रिसर्च की नई रिपोर्ट के बाद एक और कंपनी में भूचाल आ गया है। यह कंपनी ब्लॉक ...
Hindenburg Research report: हिंडनबर्ग रिसर्च की नई रिपोर्ट के बाद एक और कंपनी में भूचाल आ गया है। यह कंपनी ब्लॉक इंक (Block inc) है। इसके को फाउंडर जैक डॉर्सी हैं। हिंडनबर्ग रिसर्च रिपोर्ट आने के बाद जैक डॉर्सी (Jack dorsey) को तगड़ा नुकसान हो गया है। एक ही दिन में उनकी संपत्ति 52.6 करोड़ डॉलर घट गई है। यह मई के बाद से एक की सबसे बड़ी गिरावट है। ब्लूमबर्ग बिलियनेयर्स इंडेक्स के अनुसार, 11% की गिरावट के बाद अब उनकी संपत्ति वर्तमान में 4.4 बिलियन डॉलर रह गई है। गुरुवार को ब्लॉक का शेयर 22% तक गिर गया। बता दें कि ब्लॉक कारोबारियों और यूजर्स के लिए भुगतान और मोबाइल बैंकिंग सेवाएं प्रदान करता है। हिंडनबर्ग रिसर्च की नई रिपोर्ट के बाद एक और कंपनी में भूचाल आ गया है। यह कंपनी ब्लॉक इंक है। इसके को फाउंडर जैक डॉर्सी हैं। हिंडनबर्ग रिसर्च रिपोर्ट आने के बाद जैक डॉर्सी को तगड़ा नुकसान हुआ है। [हिंदी न्यूज़](/) [बिजनेस](/business/)एक और कारोबारी पर अडानी जैसा संकट, हिंडनबर्ग रिपोर्ट के बाद डूब गए 52.6 करोड़ डॉलर की संपत्ति
Block, the Jack Dorsey-founded fintech formerly known as Square, is in trouble after falling within the crosshairs of notorious short-seller Hindenburg ...