Hindenburg, which dealt Adani a $140bn m-cap blow, to disband
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Hindenburg Research, known for targeting Adani Group in 2023 and causing a $140 billion loss in market value, is winding down. Despite facing backlash and stirring controversy, it uncovered corporate fraud globally, leading to significant legal actions and financial implications.
from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/rqud8Sf
Indian-origin finance chiefs are increasingly leading global giants like Unilever, Tesla, and Mastercard. A study reveals over a dozen multinational corporations have appointed Indian descent CFOs, many educated in India. This trend highlights the evolving role of CFOs as strategists, adept at navigating complex markets and demonstrating resilience, a skill honed by the Indian education system and professional experiences. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/r9zfLbi
The Union Cabinet has approved significant reforms for the stock market and insurance sectors. The plan includes allowing 100% foreign investment in insurance, aiming to boost penetration and consumer choice. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/oaBw6J3
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