Hindenburg Claims Kotak Bank Orchestrated Offshore Fund To Short Adani Stocks

According to the report, the Kotak Group launched an offshore fund that oversaw short positions on Adani stocks in partnership with Hindenburg Partners. (Representative image) Hindenburg Research, based in the US, disclosed receiving a 46-page show cause notice from SEBI regarding its Adani Report on June 27. Kotak Mahindra Bank, a private sector lender and … Read more