NBR Arcadio

Sep 27, 2024 | thenewsminute.com | Ravi Nair |NBR Arcadio |Anand Mangnale

The Securities and Exchange Commission (SEC) has taken action against GQG Partners LLC, an investment firm, for obstructing whistleblower protections. The SEC found that GQG's non-disclosure agreements (NDAs) with 12 candidates for employment and a settlement agreement with a former employee hindered individuals from reporting potential securities law violations to the SEC.

Sep 12, 2024 | thenewsminute.com | Ravi Nair |NBR Arcadio

Over the last three years, the Swiss authorities have frozen USD 311 million (Rs 2,610.7 crore) belonging to a prominent associate of the Adani group for his role in money laundering, manipulation of the group’s stocks in the Indian markets, and forgery. The Swiss investigators suspect that the associate, Taiwanese resident Chang Chung-Ling, is not the Ultimate Beneficial Owner (UBO) of the company under investigation, but is a mere front for the Adani Group.

Aug 31, 2023 | occrp.org | Anand Mangnale |Ravi Nair |NBR Arcadio

It became one of the largest economic scandals in the history of modern India: The Adani Group, a massive conglomerate with interests in everything from airports to television stations, was accused of brazen stock manipulation. The allegation, leveled this January by a New York-based short seller, caused Adani stock to plummet, triggered protests, and prompted an investigation by India’s Supreme Court.

Aug 30, 2023 | thenewsminute.com | Anand Mangnale |Ravi Nair |NBR Arcadio

By Anand Mangnale, Ravi Nair, and NBR ArcadioThe Adani Group, a massive conglomerate with interests in everything from airports to television stations, was accused of brazen stock manipulation by a Hindenberg report earlier this year. The allegation, leveled this January by the New York-based short seller, caused Adani stock to plummet, triggered protests, and prompted an investigation by the Supreme Court.

Aug 30, 2023 | newslaundry.com | Anand Mangnale |Ravi Nair |NBR Arcadio

‘Brazen stock manipulation’ The Adani Group’s rise has been staggering, growing from under $8 billion in market capitalisation in September 2013 – the year before Modi became prime minister – to $260 billion last year. The conglomerate is active in a dizzying array of fields, including transportation and logistics, natural gas distribution, coal trade and production, power generation and transmission, road construction, data centers, and real estate.