Horst Julius Pudwill, cofounder and chairman of Techtronic Industries. Jocelyn Tam for Forbes Asia Horst Julius Pudwill, the cofounder and chairman of Techtronic Industries, saw his net worth tumble m...
Tag: Hindenburg Research
Adani Group Reportedly Hires Top U.S. Law Firm To Take On Hindenburg As Stocks Continue To Tank
Topline India’s Adani Group has hired New York-based law firm Wachtell, Lipton, Rosen & Katz to take on allegations against it raised by short-seller Hindenburg Research, the Financial Times repor...
Gautam Adani Addresses Scrapped Public Offering In First Public Remarks Since Hindenburg Allegations
Topline Gautam Adani on Thursday addressed his flagship company’s canceled $2.5 billion public offering and promised a review of the Adani Group’s market strategy in his first public remarks since U.S...
Credit Suisse Reportedly Assigns Zero Lending Value To Adani Group Bonds Following Hindenburg Allegations
Topline Credit Suisse has assigned zero lending value for bonds issued by Adani Group’s listed subsidiaries, Bloomberg reported on Wednesday, a move that will deepen concerns for the beleaguered India...
Adani Group Companies Continue To Be Hit By Market Selloff As War Of Words With Hindenburg Escalates
Topline A war of words between the Adani Group and Hindenburg Research escalated on Monday as shares in some of the Indian conglomerate’s listed companies continued to slide sharply after the New York...
TotalEnergies Exposed To Alleged Adani Fraud Via Joint Ventures Worth Billions
Gautam Adani, chairman of Adani Group, speaks during the Forbes CEO Summit in Singapore, on Tuesday, … [+] Sept. 27, 2022. India needs fossil fuels to serve large populations and getting rid of ...
Twitter Shares Rise Nearly 8% After Research Firm Bets Against Musk
Topline Hindenburg Research tweeted on Wednesday it was siding with Twitter in its battle with Elon Musk, now taking a long position on the stock and claiming the platform giant’s suit against him “po...