By Urvi Dugar, Shankar Ramakrishnan and Jayshree P Upadhyay (Reuters) -Hindenburg Research refuted allegations on Monday from India’s securities regulator accusing the company of colluding with a U.S. asset manager to use non-public information to set up its short bet against Adani Group last year. In a statement posted to its website, U.S.-based short-seller Hindenburg […]
By Urvi Dugar and Shankar Ramakrishnan (Reuters) -U.S-based short-seller Hindenburg Research said on Monday India’s securities regulator had sent it a letter outlining suspected violations over its short bet against Adani Group last year and revealed it may “barely come out above breakeven” on its trade. Hindenburg also said Kotak Bank, an Indian firm, created […]
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