New Delhi: Elon Musk, the charismatic CEO of electric car maker Tesla and rocket manufacturer SpaceX, may become the world’s first trillionaire by 2027, while Indian tycoon Gautam Adani may attain that status in the following year, and Asia’s richest man Mukesh Ambani may do so in 2033, according to an Informa Connect Academy report. … Read more
Ahmedabad: The BJP government in Gujarat on Wednesday sought to refute Congress leader Jairam Ramesh’s allegation that its proposed policy favours the Adani group, and claimed that it will apply equally to all port operators. The government also stated that there was no maximum permissible period of 50 years for providing concession to port operators … Read more
Lucknow: Hindenburg Research’s allegations against the SEBI chairperson have now gone beyond a debate between the ruling party and the opposition and are affecting the Centre’s credibility, BSP chief Mayawati said on Tuesday. She also said that it would have been better if the Centre had ordered a high-level inquiry into the matter by now. … Read more
Hindenburg doing character assassination in response to Sebi notice, Madhabi Buch denies allegations Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If … Read more
Mumbai: US-based shortseller Hindenburg Research alleged late on Saturday that Madhabi Puri Buch, chairperson of India’s markets regulator, the Securities and Exchange Board of India (Sebi), and her husband, Dhaval Buch, had investments in obscure offshore entities part of foreign money flows linked to Adani group that is the subject of a Sebi investigation. In … Read more
Congress on Saturday used the Latin phrase “Quis Custodiet Ipsos” or “who will guard the guards themselves” to take a dig at SEBI chief Madhabi Buch, after US short seller Hindenburg levelled allegations against her. Hindenburg has alleged that Buch and her husband Dhaval had stakes in obscure offshore funds used in the Adani money-siphoning … Read more
New Delhi: Billionaire Gautam Adani-led group’s power transmission unit has raised USD 1 billion through a share sale, the first public equity raise by the conglomerate since a damning Hindenburg report, which wiped away billions in shareholder value. Adani Energy Solutions Ltd raised the funds through a qualified institutional placement (QIP) issue, sources with direct … Read more
NEW DELHI: The Supreme Court issued a stay on Wednesday against a Gujarat high court orderdirecting the state government to finalize the process of reclaiming approximately 108 hectares of grazing land allocated to an Adani Group subsidiary near Mundra port in 2005.The court had asked the government on July 5 to restore the land to … Read more
The Securities and Exchange Board of India (SEBI) has accused US short seller Hindenburg Research of sharing its report against the Adani Group to one of its clients two months before publishing it. According to news agency PTI, Hindenburg shared the report with New York-based hedge fund manager Mark Kingdon. SEBI has alleged that by … Read more
Mumbai: After Hindenburg Research alleged that Kotak Mahindra group created and oversaw the offshore fund structure used by the investor partner of Hindenburg to short Adani stocks, the group on Tuesday said Hindenburg was never a client of its offshore fund and the fund was unaware of the US short seller being a partner of … Read more
