Francis deSouza, the chief executive of the biotechnology giant Illumina, didn’t know what he was in for when he resisted Carl Icahn’s demand in March for three seats on the […]
Hindenburg Research
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Back to news homeAfter Nearly Collapsing, Indian Billionaire’s Stock Is Back on the Rise
The Adani Group, a conglomerate that builds and operates ports, power lines and food factories across India, began the year nearly on top of the world — having increased in […]
Why Adani’s $100 Billion Loss Hasn’t Tanked India’s Markets
When shares of the Adani Group, until recently India’s largest conglomerate, began their free fall late last month, shedding more than $100 billion in days, some observers worried that the […]
Adani, Embattled Indian Company, Scraps $2.5 Billion Share Sale
Hindenburg is what’s known as an activist short seller, an investor that takes aim at companies it suspects of fraud and exposes the wrongdoing. Short sellers then profit from investments […]