Hindenburg Research has alleged that Adani Group was "engaged in a brazen stock manipulation and accounting fraud", a charge the conglomerate described as malicious, unsubstantiated, one-sided, and having done with malafide intention to ruin its share-sale.
Well-known US activist investor Hindenburg Research has alleged that Adani Group was "engaged in a brazen stock manipulation and accounting fraud", a charge the conglomerate described as malicious, unsubstantiated, one-sided, and having done with malafide intention to ruin its share-sale. Hindenburg, a US-based investment research firm that specialises in activist short-selling, said its two-year investigation reveals that "the Rs 17.8 trillion ($218 billion) Indian conglomerate Adani Group has engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades." The report comes ahead of a Rs 20,000 crore follow-on share sale of Adani Group's flagship Adani Enterprises.
'Its internal economic rot and corrupt political elite have made the resurgent supremacy of the military establishment more invincible,' says Sunil Sethi.
'Over the years, India has taken great strides in many fields, especially in the context of science and technology. Yet even as external disarmament is necessary, inner disarmament is no less important'
The earthquake has also damaged culturally important sites such as churches and cemeteries, leaving Virgin Mary statues and coffins in the rubble.
He said the Uttar Pradesh police in all likelihood will seek his transit remand and also police remand to take him from Ahmedabad to Prayagraj and he "genuinely apprehends that he may be eliminated during this transit period".
Usain Bolt's final appearance on the track ended in agony on Saturday as he pulled up injured running the final leg of the World Championships 4x100 metres relay as Britain stunned the United States to win a shock gold medal.
Images from Saturday's action in the Premier League.
India has not yet condemned the Russian invasion of Ukraine and it has been maintaining that the crisis must be resolved through diplomacy and dialogue.
'If somebody wants to finish the country and more particularly from the border state, they will start with the borders. Every extra caution should be taken to save the country. Tell your government to be very serious. They have to take every effort to save the country, it is very easy to ruin the youth'
Azarenka, who sits on the eight-person WTA players council, said that combating abuse was the group's top priority.
Erling Haaland has scored 14 of Manchester City's 29 English Premier League goals so far this season with hat-tricks in his last three home matches.
A drone shot shows the massive Komodor logistics park in ruins after being bombed and burnt near Makariv. The Russian attack in early March destroyed some $50 million of medicines and medical raw materials for the Ukrainian pharmaceutical company Farmac, according to Forbes magazine.
Hundred centrally-protected monuments, including UNESCO world heritage sites spread across the country, will be lit up for a week and bear the G20 logo starting December 1 when India will assume the Presidency of influential group, officials said on Wednesday.
The colourful rally galvanised the BRS workers who shouted slogans hailing the party-led regime's welfare schemes in Telangana and peppy political songs praised Rao's 'national' emergence.
She said the encounter in Jammu's Sidhra area in the morning, where four terrorists were killed, belied the government claims of uprooting terrorism in J and K.
Delhi, daddy issues, drivers, domestic help, politics, patriarchy, sexuality, sexism, choices, compromises, community, religion, real estate, motherhood, marriage -- Gulmohar offers a loaded, layered understanding of familial relationships and its indirect impact on the people at the periphery, notes Sukanya Verma.
Is Afsana ruining her image with her bizarre behaviour?
He called on all sections of the society, especially SC/ST and other weaker sections to unite for safeguarding the Constitution and democracy.
'Indian families' needs and expectations have gone through a revolution across economic demographics.' 'As this latest Modi-Sitharaman Budget demonstrated, politicians have understood this change. They are responding to it,' points out Shekhar Gupta.
Beware of these unforgiving blunders as they may hamper your professional growth.
"Why did Congress oppose creation of Uttarakhand as a state? Those who cannot think well of the people here, how can they govern?" Prime Minister Modi said while addressing an election rally.
Activists raised questions over the rampant sale of acid in markets and claimed that the ban exists only on paper.
Djokovic will be nowhere near the centre court after losing his bid to overturn a second visa cancellation.
The concentrated sugar content in dried fruit is extremely detrimental to a child's teeth
The question 'Who was/were behind Aditha Karikalan's killing?' will continue to remain a historic mystery despite Mani Ratnam setting out to unravel it in his own way, points out N Sathiya Moorthy.
Unlike in the past, the Vishwa Hindu Parishad is not celebrating any "Shaurya Diwas" (Bravery Day) on Tuesday and there are no plans by the Muslim community to observe a "Black Day".
The Belgian extinguished hopes of an all-Williams final by storming into the last four with a 6-4, 3-6, 6-3 victory over Serena.
Glimpses of the destruction in Ukraine caused by Putin's senseless war.
'The unusual aspect of this election is that this time there is a triangular fight.' 'Previously, the fight used to be between two parties.'
'BJP loses a democratic election, then buys MLAs from the ruling party's flock and rides to power in these states.' 'Do you think Atalji would have tolerated this?'
Justin Lee Price, 19, from Worcester, previously admitted to sending a grossly offensive message by public communication
Lack of research and poor script lets down a novel idea.
Defending the liquor ban in Bihar, he said that the state's prohibition policy has benefitted several people and a large number of people have given up drinking alcohol due to his measures.
If fate had willed, Alia Bhatt's first movie co-star would have been Aditya Narayan, singer Udit Narayan's talented son.
The jury is still out on the decision to demonetise high value currency notes on November 8, 2016, with the government claiming it has helped greater formalisation of the economy while critics saying it has failed to curb black money and reduce dependence on cash. On November 8, six years ago, Prime Minister Narendra Modi had announced the demonetisation of old Rs 1,000 and Rs 500 banknotes and one of the key objectives of the unprecedented decision was to promote digital payments and curb black money, besides eliminating terror funding. As per a Reserve Bank data, currency with the public has jumped to a new high of Rs 30.88 lakh crore an October 21, indicating that cash usage is still substantial even six years after the demonetisation move.
Images from Day 4 of the second Test between Australia and South Africa at the Melbourne Cricket Ground on Thursday.
Promoted Bournemouth are still waiting for their first Premier League points after succumbing to a controversial Christian Benteke goal in a 1-0 defeat at Liverpool on Monday.
KL Rahul has been undergoing a lean patch, but his place in the Indian line-up isn't under any threat. Is it favouritism or talent?
Gill conceded that the third ODI was a bittersweet experience for him as he missed out on his maiden ODI hundred by just two runs
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