Hindenburg News
Nursing Home Firm Founders Lose Billions as Hindenburg Takes Aim
Shares of recently debuted nursing home operator, PACS Group Inc., plunged this week in a sharp reversal that erased around $2.5 billion from its cofounders’ fortunes.
3 min read8 Nov 2024Nursing Home Operator PACS Sinks After Hindenburg Short Report
Shares of nursing home operator PACS Group Inc. tumbled as much as 48% on Monday after Hindenburg Research released a short report alleging that the company has been — among other things — “systematically scamming taxpayers.”
1 min read5 Nov 2024Hindenburg shorts gaming giant Roblox, alleges up to 42% inflated key metrics; shares plunge over 2%
Hindenburg Research released a report on the gaming giant Roblox Corporation, alleging that the company has inflated its key metrics for Wall Street.
2 min read8 Oct 2024The Adani group’s resurgence: A $5-7 bn war chest for cement, ports, defence and other acquisitions
The three-decade-old Adani group is building up massive funds to fuel its most aggressive growth strategy ever as it rebounds from the effects of the Hindenburg allegations with ambitions to become India’s No.1 player in critical sectors such as cement and defence.
6 min read20 Sep 2024TMC’s Mahua Moitra files LokPal complaint against SEBI’s Madhabi Buch alleging impropriety, quid pro quo arrangement
Trinamool Congress (TMC) MP Mahua Moitra has filed a complaint in the LokPal against SEBI (Securities and Exchange Board of India) Chief Madhabi Puri Buch.
1 min read13 Sep 2024Buch allegedly earned rent from Wockhardt firm while Sebi was probing the drugmaker
The Congress has accused Madhabi Puri Buch of receiving ₹2.17 crore in rental income from a firm linked to Wockhardt, which was under investigation for insider trading. This is the latest in a series of allegations targeting the Sebi chair related to her past roles and investments.
5 min read6 Sep 2024Do responses to the Hindenburg report reveal a colonial hangover?
Some reactions to Hindenburg’s latest charges against Sebi chief Madhabi Puri Buch, accusing her of links with the Adani Group, would suggest that many Indians are yet to shake off the legacy of the British Raj. Are we still prone to taking Western narratives as superior?
4 min read4 Sep 2024Hindenburg 2.0 Needs a Different Response From India
Hoping that the short seller’s allegations against the chief of the market watchdog will go away is a dangerous mistake.
5 min read23 Aug 2024Adani bonds rally, stocks fall post Hindenburg 2.0
Short positions created on Adani Enterprises, Adani Ports after 10 August, shows F&O data.
3 min read19 Aug 2024Sebi chief Madhabi Puri Buch earned revenue in potential rules violation: Report
Agora Advisory Pvt Ltd in which Buch has 99% shareholding, earned a revenue of ₹37.1 million, according to public documents from the Registrar of Companies
2 min read16 Aug 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared