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Not Adani Group, Hindenburg Research's first report was on this Indian company

Hindenburg Research, a US short-seller, previously targeted Eros International in 2017, alleging accounting irregularities. 

Hindenburg Research founder Nathan Anderson graduated from the University of Connecticut with a degree in international business.(Live Mint)
Published on Jan 16, 2025 04:24 PM IST

Who is Nathan Anderson of Hindenburg, which targeted the Adani Group?

In 2017, Anderson founded Hindenburg Research, naming it after the 1937 Hindenburg airship disaster. 

Hindenburg Research founder Nathan Anderson (Live Mint)
Updated on Jan 16, 2025 02:43 PM IST

Adani shares rise as much as 9% after Hindenburg Research announces shutdown

Adani Power rose the most among all the other companies of the group by as much as 9.2% or close to ₹600 per share

The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, November 21, 2024.(Amit Dave/Reuters)
Updated on Jan 16, 2025 01:53 PM IST

Hindenburg Research founder to close short-seller: Read full statement

Hindenburg Research, whose reports resulted in wiping out billions of dollars of Indian billionaire Gautam Adani and his companies, has been shut down.

In the last few years, Hindenburg Research had launched a campaign against the Adani group. Its reports published since 2023 had resulted in billions of dollars of loss for the Indian billionaire.
Updated on Jan 16, 2025 11:43 AM IST

Hindenburg Research, whose report battered Adani shares, to shut down: Founder

Hindenburg Research's founder Nathan Anderson announced he will disband the firm due to the intense nature of the work. 

Researcher Nate Anderson of Hindenburg Research disrupts short-selling norms in 2023, impacting billionaire portfolios and market values.(Twitter)
Updated on Jan 16, 2025 11:42 AM IST
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