adani news

Hindenburg claims it hardly made money by shorting Adani stocks & bonds

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Hindenburg claims it hardly made money by shorting Adani stocks & bonds

US-based short seller Hindenburg Research today admitted making $4.1 million revenue through gains made by shorting of Adani securities by its client but said it will hardly break even considering the costs of producing the research. “We have made ~$4.1 million in gross revenue through gains related to Adani shorts from that investor relationship,” Hindenburg … Read more

Adani starts talks for first dollar bond sale since Hindenburg

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Adani starts talks for first dollar bond sale since Hindenburg

Solar energy-producer Adani Green Energy Ltd. is discussing the planned transaction with a group of foreign banks, including a US firm, according to people familiar with the matter, who asked not to be identified because the matter is confidential. The sale, expected later this year, is yet to be finalized and the terms may still … Read more