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