Hindenburg shared Adani report with client two months before publishing it: Sebi
Sebi charged Hindenburg of making ‘unfair’ profits from ‘collusion’ to use ‘non-public’ and ‘misleading’ information and induce ‘panic selling’ in Adani Group stocks.
Bandhan Bank Appoints Ratan Kumar Kesh as Interim CEO
Present chief Chandra Shekhar Ghosh is set to retire on July 9 upon completion of his current tenure.
Icra pegs securitisation volumes at Rs45,000 cr for Q1
Rating agency, Icra has estimated that the overall securitisation volumes, originated mainly by financial institutions, stood at around Rs. 45,000 crore in Q1 FY2025, reflecting...
KPMG India appoints Reena Wahi as Partner
KPMG in India has appointed Reena Wahi as Partner and Head of People, Performance and Culture (PPC) of the firm. She will be based out of Mumbai. In...
Budget 2025: Government likely to curtail FY2025 fiscal deficit at 4.9%-5%, says Icra
Rating agency ICRA estimates the Government’s revenue receipts to witness an upward revision of Rs. 1.2 trillion in the upcoming union budget. Also, the government...
HDFC Bank’s Stock Dips on Soft Business Performance
Early on Friday, HDFC Bank saw its shares decline by more than 3% following a lackluster business update for the first quarter. The bank reported...
Sensex closes above 80,000, Nifty ends above 24,300 mark
The Sensex closed above the 80,000 mark for the first time on July 4, marking a historic milestone, while the Nifty 50 also ended the...
Kotak Group Fund Denies Knowledge of Hindenburg’s Investor Partnership
Kotak Mahindra Group has stated that Hindenburg Research was never a client of Kotak Group's K-India Opportunities Fund (KIOF) or Kotak Mahindra International Ltd (KMIL)...
Now Hindenburg says Kotak Bank created fund used by investor to short Adani stocks
On July 2, Hindenburg Research said Kotak Mahindra Bank and brokerage firms founded by Uday Kotak created and managed the offshore fund structure used by...
Student Loans Are a Burden for Banks, But It’s Not Unexpected
Student loans have become a significant challenge for Indian banks. While banks are eager to lend to students, they struggle to get the money back....