AdaniHindenburg

Adani-Hindenburg saga: Have side roles come to light?

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The list of dramatis personae in the drama that unfolded after Hindenburg’s report of 24 January 2023 on the Adani Group has grown. Online searches for ‘Kingdon Capital Management’ and ‘Kotak India Opportunities Fund Class F’ surged this week on news of the American short-seller’s reaction to a show-cause notice sent by the Securities and … Read more

Adani-Hindenburg Case: Kotak Bank created, oversaw fund used to bet against Adani, claims US short-seller | Mint

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Kotak Mahindra Bank and the brokerage firms founded by Uday Kotak created and oversaw the offshore fund structure used by the investor partner of US-based short-seller Hindenburg to bet against Adani group stocks, Hindenburg Research said. In a blog post, Hindenburg Research commented on the show-cause notice it received from Indian capital markets regulator Securities … Read more