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Operation Zeppelin – Inside Adani’s Counter to Hindenburg

April 24, 2025 revoi editor

New Delhi, Apr 22 : Hindenburg Research, the forensic financial firm that challenged the Adani Group, took its name from the infamous airship that burst into flames upon arriving in New Jersey in 1937. And the counter to its damning report against the conglomerate was dubbed ‘Operation Zeppelin,’ named after the German dirigible airships used […]

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Hindenburg, which targeted Adani, shuts shop

January 16, 2025 revoi editor

Washington/New Delhi, Jan 16 : Hindenburg Research, which made international waves with campaigns targeting billionaire Gautam Adani that wiped billions from market value of his group companies, will disband, its founder Nate Anderson announced on Thursday. Announcement by Anderson, 40, who started Hindenburg in 2017, came just days before Donald Trump’s inauguration as the new […]

Business

FSC Mauritius says fund at heart of Hindenburg allegations against Sebi chief not domiciled in Mauritius

August 14, 2024 Vinayak Barot

New Delhi,‎ Financial Services Commission of Mauritius on Tuesday said the offshore fund at the heart of the conflict of interest allegation Hindenburg Research levelled against Sebi chief is not domiciled in the Island nation, and that it does not permit the creation of shell companies. In a statement, FSC said it has taken cognizance […]

Business

The latest allegations by Hindenburg are a malicious, mischievous and manipulative selection of publicly available information: Adani Group

August 11, 2024 Vinayak Barot

Adani Group spokesperson said, The latest allegations by Hindenburg are malicious, mischievous and manipulative selections of publicly available information to arrive at pre-determined conclusions for personal profiteering with wanton disregard for facts and the law. We completely reject these allegations against the Adani Group which are a recycling of discredited claims that have been thoroughly investigated, […]

Business

Hindenburg shared Adani report with client two months before publishing it: Sebi

July 7, 2024 Vinayak Barot

New Delhi: US short-seller Hindenburg Research had shared an advance copy of its damning report against Adani group with New York-based hedge fund manager Mark Kingdon about two months before publishing it and profited from a deal to share spoils from share price movement according to market regulator Sebi. The Securities and Exchange Board of […]

Business

No shell company in Mauritius; Hindenburg allegations ‘false, baseless’: Mauritius Min tells Parliament

May 10, 2023 Vinayak Barot

Port Louis/ New Delhi, May 10, In a boost to the embattled Adani Group, Mauritian Financial Services Minister Mahen Kumar Seeruttun has told the nation’s Parliament that Hindenburg Research’s allegations of the presence of ‘shell’ companies in the Island nation are ‘false and baseless’ and that Mauritius was in compliance with OECD-mandated tax rules. US […]