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Adani replied to the Hindenburg, saying that he had submitted all that had been revealed

Adani replied to the Hindenburg, saying that he had submitted all that had been revealed

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Adani issued a 413-page rebuttal to the Hindenburg Report The short selling report in the US triggered a drop in Adani shares Al-Adani says he adheres to the laws, and the necessary disclosures Adani CFO is confident of the success of the $2.5 billion share sale NEW DELHI (Reuters) – India’s Adani Group on Sunday …

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The Hindenburg sells complaints by India's Adani Group, citing debt and accounting concerns

The Hindenburg sells complaints by India’s Adani Group, citing debt and accounting concerns

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BENGALURU (January 25) (Reuters) – Hindenburg Research said on Wednesday it had held short positions in India’s Adani Group, accusing the group of improperly extensive use of entities set up in offshore tax havens and expressing concern about high debt levels. The report that comes days before a $2.5 billion Share offering by flagship company …

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Microsoft is investing more in OpenAI as the technology race heats up

Microsoft is investing more in OpenAI as the technology race heats up

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January 23 (Reuters) – Microsoft Corporation (MSFT.O) On Monday it announced an additional multibillion-dollar investment in OpenAI, deepening ties with the startup behind the chatbot sensation ChatGPT and paving the way for more competition with rival Alphabet Inc. (GOOGL.O) The Google. Recently touting an artificial intelligence (AI) revolution, Microsoft is building on a bet it …

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