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On Nov. 20, Asia second richest man Gautam Adani, his nephew Sagar Adani and other defendants were named in an indictment alleging a scheme to pay bribes worth $265 million to Indian government officials to execute "lucrative solar energy supply contracts," along with allegations of wire and securities fraud. The Adani Group and its senior executives have denied the allegations. Investors braced for a shock similar to last year, when the company was roiled by accusations of financial improprieties by short-seller Hindenburg Research. That episode wiped $130 billion from the group's market value. In May, London-based Snowcap Research alleged that Adani Green Energy, the focus of the U.S. indictment, had "obfuscated" key earnings forecast metrics given to investors. The indictment sets a kind of precedent that if a business raises capital in the U.S., then they are subject to the standards of the U.S. institutions. Foreign investors understandably are rethinking their appetite for corporate governance risk in Indian investments, while lawmakers and authorities are set to investigate whether the conglomerate is guilty of other misdeeds. If Adani's access to Western markets were to be restricted after the indictment, the company may have to rely more heavily on investors from India, China and the Middle East. The indictment has also sparked outrage in India. Last week, proceedings in India's lower house of parliament were disrupted multiple times by lawmakers demanding a discussion of the case. The country's opposition has often accused the government of favouring Adani, who is from Prime Minister Narendra Modi's home state of Gujarat and whose rapid rise -- often fuelled by lucrative government contracts -- has mirrored that of the prime minister. Both have denied accusations that they are overly chummy. India's securities watchdog is looking into whether the Adani Group violated rules on disclosure of market-moving information. #India #Adani

Hey friends! 🤔 Let's talk about the Hindenburg-Adani-SEBI saga! 🐘 As India aims to become a $5 trillion economy and a 'Viksit Bharat' by 2047, we can't afford to compromise on transparency and investor confidence! 💸📈 Hindenburg's allegations that remain unanswered: - Adani Group's use of offshore shell entities to manipulate stock prices and evade taxes - SEBI Chairperson Madhabi Puri Buch's husband's investments in offshore funds with ties to Adani - Adani's questionable related-party transactions and lack of disclosure Despite the SC-appointed expert committee and SEBI's investigations, these allegations remain unaddressed! 🤷♂️ That's why I strongly believe a Joint Parliamentary Committee (JPC) is the only way forward! 🕵️♂️ A JPC can: - Conduct a comprehensive investigation with teeth - Summon witnesses and documents - Recommend structural reforms to prevent such incidents A JPC is not just about Adani or Hindenburg; it's about restoring confidence in our stock market and ensuring transparency! 🌎 Let's not let this opportunity slip away! We owe it to our retail investors, foreign investors, and most importantly, to ourselves! 🙏 Let's make some noise and demand a JPC! 💥 #JPCforTransparency #InvestorConfidence #StructuralReforms #ViksitBharat2047"

7 Days, 7 Tips to Understanding What Indian Investors Want Day 1: Start with Trust Indian investors value trust above everything else. Be transparent, honest, and credible in all your dealings. Trust is the foundation that leads to investment success! Stay tuned for more insights on what Indian investors want, only on PD Barrownz! #TrustMatters #IndianInvestors #InvestmentTips #BuildCredibility #BusinessGrowth #Transparency #PDBarrownz #StartupJourney

In a stunning turn of events that has sent shockwaves through India’s financial and political landscape, U.S.-based short-seller Hindenburg Research has accused Madhabi Puri Buch, the head of India’s market regulator, the Securities and Exchange Board of India (SEBI), of holding investments in offshore funds linked to the Adani Group. The allegation, which surfaced on Saturday, has added a new layer of complexity to the ongoing scrutiny of one of India’s largest conglomerates and raised significant questions about potential conflicts of interest at the highest levels of market oversight. https://bit.ly/3SNAdMF

SEBI - Hindenburg - Indian Market Regulartor’s Chairperson who was supposed to investigate Adani group had investments in the same obscure funds in Mauritius which were used by Adani to manipulate Indian Share market. There is no doubt that there is massive conflict of interest #SEBI’s chairperson Buch has with Adani & soecifically the offshore entities that facilitated the share market manipulation. The @HindenburgRes documents are crystal clear. IIFL, Trident Trust Mauritius, the GDOF fund, all these figure in our Adani investigation with The Organized Crime and Corruption Reporting Project here - https://lnkd.in/dUf5n_i9 The same Buch used for their investment. So the SEBI chairperson knew who to ask, where to dig, if it really wanted to investigate Adani. But, it didn’t. Now we know why. & also will the #SupremeCourt get down from its high horse & really investigate the #Adani group. Not like the last time when “they hit the wall”, with SEBI (now we know why) & appointed a compromised committee where 3 out of 5 “experts” had conflict of interest with Adani Group. The real question is ‘Will there be accountability?’ But go happily scream “Attack on India” while a select few loot your money. 🙄 Read Hindenburg Research report here - https://lnkd.in/gu7Q8haJ #HindenburgReport #SEBI #Adani #SupremeCourt #ShareMarket #India #TaxHaven

News - : Hindenburg Research has recently hinted at another major revelation involving an Indian company, sparking widespread speculation. On August 10, 2024, the firm posted a cryptic message on X (formerly Twitter) saying, "Something big soon India," suggesting that a new report is on the horizon. This comes after their explosive January 2023 report that accused the Adani Group of significant financial misconduct, leading to a dramatic fall in the company's stock prices. While Hindenburg hasn't provided any specific details about this new development, the financial world is on high alert, given the impact of their previous report on the Adani Group. The January report had led to over $100 billion in losses for Adani's companies and drew intense scrutiny from global financial markets. The upcoming report could have similarly significant consequences depending on the target.

New #Blog Alert! Mihir Shirgaonkar, CFA, AVP - Alternative Investments at Phillip Ventures and a #volunteer with the Public Awareness Committee of CFA Society India, shares his take on 'Frontier Markets: Investment Opportunities and Risk Factors', in the latest blog post from the June 2024 #newsletter. Read it here - https://lnkd.in/dDjQTdX4 Check out other articles in the June 2024 newsletter here - https://lnkd.in/dkzucFf5

Could the #HindenburgReport impact India's booming REITs market? Despite strong regulation and #SEBI's adherence to global standards, a detailed investigation could enhance investor trust. The secretariat dives deeper into this topic. Curious to learn more? Check out Mahua Venkatesh's insights: https://shorturl.at/LiPJY #InvestmentTrusts #StockMarket #RealEstate #PolicyMatter

Our Director, Harpreet Punj shares his thoughts on the essence of investing by planning strategically for the future while focusing on risk-adjusted returns and long-term value creation. Know more: https://lnkd.in/daArpwC8 #mathematicalrevolution #financialplanning #wealthmanagement #mutualfunds #anandrathiwealth #india #indian #investment #investor #investmentideas #databacked #leadershipinsights #riskmanagement

US short-seller #HindenburgResearch has published another explosive new report linking #SEBI chairperson #MadhabiPuriBuch to the ‘Adani money siphoning scandal’. The report comes more than a year after the firm published allegations of insider trading and other stock market violations by the Adani Group — claims that have been repeatedly denied by the Gautam Adani-led conglomerate.  Here are top 10 takeaways from the #HindenburgReport: