NewsNDTV: Biggest proof of fixed match? Hindenburg show-caused over Adani report

July 8, 2024by 0

NDTV reports:
US short-seller Hindenburg Research, whose report critical of the Adani Group led to a massive stock rout last year, had shared an advanced copy with a client two months before publishing it, said the Indian markets regulator. This “collusion” led to “unfair” profits from a deal to share spoils from stock price movements, the Security Exchange Board of India (SEBI) said in a 46-page show cause notice to Hindenburg.
The …

The post NDTV: Biggest proof of fixed match? Hindenburg show-caused over Adani report appeared first on The Loadstar.

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