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USDINR Last session analysis: Close: 83.26 (-0.4% from the previous close) Open: 83.27 High: 83.28 Low: 83.23 The Indian Rupee remained within a narrow range amidst mounting concerns about rising oil prices and the ongoing Middle East conflict during previous session. The Reserve Bank of India (RBI) has been actively intervening to prevent the Rupee…
MUMBAI: After publishing an explosive report on Gautam Adani’s opportunistic conglomerate two months ago, short seller Hindenburg Research has caused the Indian billionaire’s empire to feel humiliated and force itself to rethink its goals.According to insiders acquainted with the inner workings of the company, Hindenburg’s charges of significant, years-long corporate fraud at the Adani group…
Two months after publishing an explosive report about Gautam Adani’s acquiring conglomerate, Hindenburg Research has caused the Indian billionaire’s empire to be humbled and rethink its goals. Since January, Hindenburg’s claims of widespread, years-long corporate fraud at the Adani Group have cost the company’s market value about $125 billion. This has caused the tycoon to…
