A US-based short-seller that had published reports accusing top financial entities in India and abroad of financial wrongdoings and fraud is set to shut down.
Nate Anderson, the founder of Hindenburg Research, announced on Wednesday that he was disbanding the company almost eight years after starting it.
The firm made headlines in India in 2023 after publishing explosive reports about billionaire Gautam Adani's conglomerate, sparking political rows and major losses for the company.
Mr Anderson didn't share a specific reason for his decision but expressed a desire to spend more time with friends and family in the future.
Sky Star News
US firm that accused Adani Group of fraud shuts down
Nate Anderson, the founder of Hindenburg Research, has announced his decision to disband the company.
#AdaniGroup #FraudAllegations #BusinessNews
A US-based short-seller that had published reports accusing top financial entities in India and abroad of financial wrongdoings and fraud is set to shut down.
Nate Anderson, the founder of Hindenburg Research, announced on Wednesday that he was disbanding the company almost eight years after starting it.
The firm made headlines in India in 2023 after publishing explosive reports about billionaire Gautam Adani's conglomerate, sparking political rows and major losses for the company.
Mr Anderson didn't share a specific reason for his decision but expressed a desire to spend more time with friends and family in the future.
9 months ago | [YT] | 0