Adani group, an Evil corp?

TEUser2K1 said:
www.livemint.com

Ban on short selling? US regulators raise alarm amid banking crisis

US federal and state officials have begun to investigate the possibility of market manipulation amid the ongoing banking crisis.
www.livemint.com www.livemint.com
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Here we go, the moment it starts to hit them they sing a familiar tune

While short selling is not illegal and considered part of a healthy market, manipulating stock prices is. The SEC defines manipulation as "the intentional or willful conduct designed to deceive or defraud investors by controlling or artificially affecting stock prices".
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In other words the people there are supposed to make the market healthy are themselves a cause for concern
 
Surprised? Nah. This was expected. You can't 'find' what isn't there to begin with.

There was something else I wanted to post

The Mauritius commerce minister said recently there are no shell companies allowed as per their law.

So much for Hindenberg's research :happy:
 
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booo said:
It is illegal to do illegal things:angelic:
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Not sustainable. better to do so from countries where it is allowed

And who says anything illegal has been done? I've asked this before.

The report says no fraud and no stock manipulation. Adani is off the hook. Done!

SEBI wanted 6 months the govt gave them 3. Excellent, this false campaign by the opposition got put to bed fast :D

The only thing left to probe is regulatory failure.
 
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blr_p said:
Surprised? Nah. This was expected. You can't 'find' what isn't there to begin with.

There was something else I wanted to post

The Mauritius commerce minister said recently there are no shell companies allowed as per their law.

So much for Hindenberg's research :happy:
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Ostriches hiding their heads in sand.

All izz well.
themorningcontext.com

How the Adani group worked its way around a forensic audit

An unnamed law firm’s clean chit and the ‘qualified’ opinions of its auditors help the group give the lie to the charges levelled by a US-based short seller.
themorningcontext.com themorningcontext.com

Paywalled unfortunately for those not subscribed.
 
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TEUser2K1 said:
@blr_p
> The only thing left to probe is regulatory failure.

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I didn't get much out of this. She asks more questions than gives answers. Why didn't she go through the SC's report and comment on that


Better to listen to these people
Pyception said:
Always questions other?
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That article comes out after the SC has found nothing wrong. No fraud, no manipulation. Case closed

Some people have a problem with accepting reality it seems.
 
Avoid religious dog-whistles
Every <removed> chamchas who claimed this or that or bla bla and asked for SC intervention now are hiding where?

A lie can travel half way around the world while the truth is putting on its shoes.
 
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economictimes.indiatimes.com

Best day for Adani stocks since Hindenburg report; investors gain Rs 80,000 crore

All 10 Adani stocks ended in the green, with Adani Enterprises, the flagship entity, ending up 19%. According to traders, trapped short positions were unwound aggressively, and investors took new long bets on the group. The market value erosion for the 10 Adani companies since the Hindenburg...
economictimes.indiatimes.com economictimes.indiatimes.com

All 10 stocks ended in the green, riding on high optimism after the Supreme Court-appointed expert committee's report said that it could not conclude any regulatory failure around the Adani Group- Hindenburg case. Sebi has "drawn a blank" in its probe into alleged violations in money flows from offshore entities into the conglomerate.
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No evidence of wrongdoing then this is the natural consequence

How many wish they got in earlier now :)
 
Adani Power officials, including Chairman Gautam Adani, were each fined Rs. 75,000 by ROC Gujarat
The company has said that it will appeal the fine and that the transactions were in ordinary course of business and at arm's length.

indiacsr.in

Adani Power officials, including Chairman Gautam Adani, were each fined Rs. 75,000 by ROC Gujarat

The Registrar of Companies (RoC) in Gujarat has fined Adani Power and its officials Rs. 75,000 each for not reporting
indiacsr.in indiacsr.in

indianexpress.com

No clean chit to Adani by SC panel – only a JPC can unearth the full truth

Congress party’s 100 “Hum Adani ke Hain Kaun” (HAHK) questions were much broader than the remit of the Expert Committee, and only a JPC can unearth the full truth
indianexpress.com indianexpress.com

www.india.com

Adani-Hindenburg Row: Big Revelation By SC-Appointed Panel, Check Details

Simply put, a short position is the sale of a stock that one does not own. Those investors who sell short believe the price of the stock will decrease in value.
www.india.com www.india.com

www.thehindubusinessline.com

Hindenburg saga: Four FPIs under SEBI scanner for Adani share price crash

A bear cartel led by six entities are under the scanner of market regulator SEBI for suspected manipulation
www.thehindubusinessline.com www.thehindubusinessline.com

thefederal.com

Suspicious trading by 6 entities in Adani shares before Hindenburg report: SC panel

Six entities are under lens for suspicious trading in Adani Group shares just before the Hindenburg report was released, the SC-appointed committee has said.
thefederal.com thefederal.com
 
Feb 5th,
lockhrt999 said:
... He'll be given enough time to cover his tracks before announcing a special investigation. ...
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Jan 31st,
lockhrt999 said:
... 'A' will be given a slap on the wrist and he'll remain in business. Current ghotala will be remembered as just some price corrections for 'A' shares. ....
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cry-sad.gif
 
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