Following last year’s shocking revelations about the Adani Group, Hindenburg Research has suggested another major announcement regarding India. On Saturday, the American short-selling firm teased on X (previously known as Twitter), stating, “Something big soon India.”
On January 24 of the previous year, Hindenburg Research released a report that was highly critical of the Adani Group, coinciding with the scheduled share sale of Adani Enterprises. This report precipitated a steep $86 billion drop in the market capitalization of Adani Group’s stocks and sparked a considerable sell-off of its internationally listed bonds.
https://x.com/HindenburgRes/status/1822061498845266212