Adani Group has denied a report by Hindenburg Research that Swiss authorities have frozen more than $310 million in several Swiss bank accounts as part of a money laundering and securities fraud investigation against Adani that began in early 2021. Adani Group has categorically denied this and said that there …
Read More »Mauritius Financial Services Commission said- We have nothing to do with the funds related to the allegations against SEBI chief
The Financial Services Commission (FSC) of Mauritius said on Tuesday that the fund mentioned in the conflict of interest allegations against Hindenburg Research’s SEBI chief Madhabi Puri Buch has nothing to do with their country. The FSC also said that it does not allow shell companies to operate in the …
Read More »Adani Group rejected Hindenburg’s report, said- it is a deliberate attempt to malign our reputation
Adani Group has responded to the latest allegations made by Hindenburg. Adani Group has called this latest report of Hindenburg misleading. Adani Group has put forth its point on these allegations made by Hindenburg. The company has said in its official statement, “These allegations made by Hindenburg are a malicious, …
Read More »Gautam Adani will sell the share in this company, the share has fallen… You haven’t invested, have you?
Gautam Adani-led Adani Group is planning to sell 44% stake in its company, Adani Wilmar. Looking at the current share price, this stake is worth around $2.7 billion. However, this discussion is still in its preliminary stage. Adani Enterprises is considering selling its stake in Adani Wilmar Shares of Adani Wilmar saw …
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