Tag Archives: Adani Group

Hindenburg’s investigations have resulted in substantial market value losses for several companies. Hindenburg shutdown: Nate Anderson, founder of Hindenburg Research, announced on Wednesday the shut down of his US investment firm, stating they have completed all ongoing projects.The firm’s investigations have resulted in substantial market value losses for several companies, notably including the Indian conglomerate Adani Group, which Hindenburg accused …

MUMBAI: In a deal that will release capital for the Adani Group, the Ahmedabad-based conglomerate led by Gautam Adani is selling the staples business, Adani Wilmar, to Wilmar International of Singapore for $2 billion. This fund inflow is expected to address the group’s liquidity requirements for its core infrastructure business.The group, through flagship Adani Enterprises and its wholly-owned subsidiary Adani …