Manish Jain’s Post

The growing clout of proxy advisory firms? A Mint review of filings made by public companies to the National Stock Exchange showed that between 1 April and 27 July, large public institutions opposed at least 137 resolutions of 1,300—about one in 10—put forth by 650 companies. Each of these 137 resolutions saw at least 33% votes against the resolution, as per Mint's research. These include the continuation of Pranav Adani, Gautam Adani's nephew, as a director at Adani Wilmar Ltd; chairman Gautam Singhania at Raymond Ltd; vice chairperson Radhika Piramal at VIP Industries Ltd; and chairman Habil Khorakiwala at Wockhardt Ltd.  https://lnkd.in/gPgCt7xq

https://lnkd.in/gXm5nPz4 💼 Mark Mobius on Adani Group, US DoJ, and Global Business Dynamics 🌍 Renowned global investor Mark Mobius recently shared his perspective on the ongoing legal scrutiny of the Adani Group by the US Department of Justice (DoJ). Labeling the indictment as a "wasteful expense," Mobius highlighted a growing sentiment that the focus on overseas businesses might shift with political changes in the US. He emphasized the resilience of Adani’s business operations despite external pressures, predicting a "fade" in such investigations under future leadership. While the Adani Group has strongly denied the allegations and vowed to defend its position, Mobius' remarks spotlight broader concerns about the role of international regulatory actions on global businesses. This raises critical questions for investors and policymakers: ➡️ Should global regulators focus more on domestic priorities than overseas businesses? ➡️ How can businesses ensure resilience in the face of such scrutiny? The resilience of Adani’s stocks amidst challenges reflects the strength of India’s business ecosystem and its appeal to global investors. What are your thoughts on the intersection of politics, regulation, and global business dynamics? Let’s discuss! #GlobalBusiness #Investments #AdaniGroup #EmergingMarkets #Regulation #BusinessLeadership #USIndiaRelations #Resilience #MarkMobius #Sustainability #CAROHITUPADHYAYA

🚨 Breaking News: Hindenburg Research Shuts Down! 🚨 You’ve heard their name in some of the most controversial financial investigations, from the Adani Group’s $150 billion market rout to uncovering corporate frauds. Now, the firm that shook the global markets has closed its doors. Why did this happen? What does it mean for corporate transparency and accountability? Let's uncover: 🔹 Who Hindenburg Research was 🔹 The impact of their investigations 🔹 The reasons behind their shutdown 🔹 Lessons for the financial world #linkedinfamily #finance #investment #India #stockexchange #stocks #shares #money

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:

SEBI Raises Red Flags on Shares of These Firms; Here’s What Investors Need To Know

How is Kotak Mahindra Bank involved in the Adani-Hindenburg Saga? Here is all you need to know-- Last year, Hindenburg Research, the US-based research firm and short seller, dropped a bombshell report accusing the Adani Group of stock price manipulation and accounting fraud. It claimed that Gautam Adani and his family made a fortune of over $120 billion. And that over $100 billion of it came in the past 3 years, through an unusual 800% rise in the stock prices of Adani’s 7 listed companies. They say that this happened through shady tactics, such as creating fake shell companies in offshore tax havens like Mauritius, which allegedly funnelled money out of India and back in as foreign investments, faking a huge foreign interest in Adani stocks. This report obviously blew up and had a resounding impact on the Adani group companies. To put things in perspective, Adani’s wealth alone dropped by more than $80 billion in the month after the report. And at one point his conglomerate even lost over $150 billion in market value. Now, market regulator SEBI felt that these allegations obviously had to be looked into. At the same time, it also wanted to investigate the accusers to make sure there wasn't any foul play. So it issued a show cause notice to Hindenburg and a few others accusing them of spreading misleading information that led to panic selling of Adani stocks in 2023. It was particularly miffed that Hindenburg was not a registered Research Analyst (RA). Which meant that it couldn’t have gone about publishing such reports in the first place. And it’s Hindenburg’s response to this notice that has revived the chatter around the Adani-Hindenburg saga, albeit with a new twist. For starters, it blamed SEBI for trying to protect Indian conglomerates like Adani and stifle their whistleblowing efforts. But Hindenburg’s most shocking claim? That SEBI was covering up Kotak Mahindra Bank’s involvement in short-selling Adani shares. Wait… What? Get the full scoop in our newsletter. And don't forget to follow Finshots for more insightful content!

Global and domestic investors are likely to have several pressing questions following the US indictment of Adani Group executives. They will want to understand how this legal challenge might affect the group’s global reputation, and investor confidence, and whether it could deter foreign investment in India’s emerging economy. Investors will also be keen to assess the governance risks associated with Indian conglomerates, as well as the role of SEBI in restoring trust. Additionally, there are serious concerns about how this will impact Adani's ability to refinance its debt, cautions Corporate Advisor and Policy Researcher Srinath Sridharann. #Adani #GautamAdani #AdaniGroup #AdaniGroupStocks #AdaniBriberyCase #AdaniScandal

📊 Trident Ltd. Financial Ratios Snapshot 🏭 Trident Ltd. has shown significant volatility across most ratios, with notable highs in FY21 and FY22, followed by a decline in FY23. The company’s profitability and liquidity have been fairly stable, though there’s some concern about the sustainability of recent trends in growth, return, and solvency. Improved cash conversion cycle and debtor management are positive signs, while declining margins and return ratios suggest potential challenges ahead. #EquityResearch #FinancialAnalysis #TridentLtd #Investing

For the first time in 2024, Foreign portfolio investors (FPIs) invested more in Indian equities than domestic institutional investors (DIIs) in July. Vipul Bhowar, Senior Director - Listed Investments, Waterfield Advisors shares his insight on the trend across leading publications - Financial Express (India), The Times Of India, businessline, ThePrint & BW Businessworld. Read the complete story on Financial Express here -https://lnkd.in/dB3VpNEB #fpi #investments #insights #wealthmanagement