George Soros News

Do Kwon-founded Terraform Labs has again pointed the finger at market maker Citadel Securities for its role in an alleged “concerted, intentional effort” to cause the depeg of its TerraUSD (UST) stablecoin in 2022.

Adani Group media statement alleged the UK media outlet of making “renewed attempt by the Financial Times and its collaborators to rehash old and baseless allegations to tarnish the name and standing of the Adani Group". “Continuing their relentless campaign, the next attack is being fronted by Dan McCrum of the Financial Times, who jointly with the OCCRP put out a false narrative against the Adani Group on 31 August 2023.

A Congress leader from Rajasthan has filed a petition in a court against BJP national president JP Nadda and party’s IT cell head Amit Malviya over a social media post by the BJP depicting Rahul Gandhi as “a modern-day Ravan”, reports PTI.

Also read: 'Rahul Gandhi will lead India some day': Sharad Pawar says Congress leader is now being ‘taken seriously’ The morphed graphic has been styled like a poster of a film in which Gandhi has been shown with 7 heads and 'Ravan...A Congress Party Production, Directed by George Soros' was written on the photo. Soros is a billionaire investor who has been accused of being involved in anti-India activities. BJP's poster on Gandhi has come two days after Congress shared a picture of PM Modi and Amit Shah - that looked like a movie poster - with the text “PM Narendra Modi as Jumla boy" written on it.

₹17,000 crore in the pipeline. Institutional positioning has remained net positive throughout FY24. Foreign portfolio investors (FPIs), although net sellers in September, have been net buyers to the tune of ₹1.58 trillion since April 2023.

Adani Enterprises shares jumped 0.38%, while that of Adani Ports and Adani Power rose 1.92% and 2.84%, respectively. Adani Wilmar and Adani Green also ended the day in green, and on the other hand, Adani Total Gas and Adani Energy closed with cuts. Adani stocks held steady for the past few days despite a Hindenburg-like ambush from George Soros-backed Organised Crime and Corruption Reporting Project (OCCRP). The report claimed that two men who secretly invested in the conglomerate have close ties with the Adani family, adding that the two men have also served as directors and shareholders in Adani Group companies and companies associated with Gautam Adani's brother Vinod Adani. Meanwhile, Adani Group has dismissed the allegations made by OCCRP. The conglomerate said reports appear to be yet another concerted bid by Soros-funded interests supported by a section of the foreign media to revive the meritless Hindenburg report. Adani stocks had seen a severe rout in the market cap following corporate governance allegations by Hindenburg Research early this year.

Open Society Foundations will spin off its support for Europe’s Roma communities into a new foundation to which it has pledged €100 million or around $107 million

George Soros-backed OCCRP, which is a grouping of ... moreGeorge Soros-backed OCCRP, which is a grouping of 24 non-profits labelled fresh allegations against the Adani group yesterday.

Shares of most Adani group companies fell 2-4% on Thursday as sentiment soured after a report by Organised Crime and Corruption Reporting Project (OCCRP) — a network of investigative reporters backed by billionaire-philanthropist George Soros — alleged that business partners of the Adani family made large investments in its shares through 'opaque' Mauritius funds. The group lost nearly ₹35,200 crore in market capitalisation following the sell-off. Shares of Adani Green Energy fell 4.3%, while Adani Enterprises, Adani Transmission and Ambuja Cements fell nearly 4%.

OCCRP, a global collective of investigative journalists backed by billionaire George Soros and others, on Thursday said it has uncovered a trail of financial transactions to show that Adani Group promoters indulged in share price manipulation of at least four group company stocks via undisclosed related entities. In its report, the Organized Crime and Corruption Reporting Project (OCCRP) alleged that two overseas funds, or foreign portfolio investors (FPIs), that invested extensively in Adani stocks during 2013-18 acted as «fronts» for the group's promoters.Recycled Allegations: Adani OCCRP also said they were managed by individuals who are former associates of Adani Group. «Nasser Ali Shaban Ahli from Taiwan and Chang Chung-Ling from the United Arab Emirates, both with longstanding business ties to the Adani family, who have also served as directors and shareholders in Adani Group companies and related Vinod Adani-associated firms, used the funds to trade large amounts of shares in four Adani companies between 2013 and 2018,» the collective's report said. «In March 2017, the value of these investments in Adani Group stock was $430 million.

special session of Parliament to manage the news cycle that is dominated by fresh allegations against the Adani Group and will focus on the opposition bloc INDIA's meeting on Friday. The demand for a Joint Parliamentary Committee (JPC) probe into the allegations against the Adani Group, however, will continue to resonate inside and outside Parliament, Congress general secretary Jairam Ramesh said in a post on X, formerly Twitter. The government has convened a five-day special session of Parliament from September 18 and 22, Parliamentary Affairs Minister Pralhad Joshi said earlier on Thursday. There was no official word on the agenda of the session which will be held days after the G20 Summit in Delhi on September 9 and 10. Earlier in the day, the Organised Crime and Corruption Reporting Project (OCCRP)alleged hundreds of millions of dollars were invested in publicly traded group stocks of billionaire Gautam Adani's group through Mauritius-based «opaque» investment funds managed by partners of promoter family, charges the conglomerate denied vehemently. Shares of the Adani Group stocks fell after the report of the investigative reporting platform was made public. The fresh allegations by the organisation funded by the likes of billionaire investor George Soros and Rockefeller Brothers Fund come months after a US short seller wiped away close to $150 billion in value of Adani Group stocks with allegations of accounting fraud, stock price manipulation and improper use of tax havens by the ports-to-energy conglomerate. The Adani Group has denied all Hindenburg allegations.

George Soros, one of the backers of the Organised Crime and Corruption Reporting Project (OCCRP), has been vocal against both Gautam Adani and Prime Minister Narendra Modi. The man who has been critical of the Adani Group has linked Modi as a close ally of the Ahmedabad-based business following the Hindenburg report in January this year. «Modi and Adani are close allies...their faith is intertwined.

Vinit Bolinjkar, Head of Research, Ventura Securities, says “the stock that needs to be bought definitely is Adani Ports, Adani Enterprises, followed by Adani Energy Solutions. My reasoning for these three stocks to be picked up is very simple. Adani Ports is clearly a trade on India's burgeoning exports, especially since China is collapsing. We have already become the fifth largest exporter globally and we are on the threshold of accelerating our exports. Also, the stock has got significant margins, EBITDA margins are one of the best in the world.”Should markets dismiss this new set of allegations against the Adani Group?See, it is actually one A and one B of the same news.

Adani Group shares today fell up to 3% as George Soros-backed Organised Crime and Corruption Reporting Project (OCCRP) attempted an ambush on Adani Group by claiming that two men who secretly invested in the conglomerate have close ties to the Adani family. Shares of Adani Power, Adani Energy Solutions and Adani Green led the downside by dropping 3% each.

Organised Crime and Corruption Reporting Project (OCCRP) on Adani family's partners using 'opaque' funds to invest in its stocks, the Adani Group on Thursday said the the timing of these news reports is suspicious, mischievous and malicious. «We categorically reject these recycled allegations. These news reports appear to be yet another concerted bid by Soros-funded interests supported by a section of the foreign media to revive the meritless Hindenburg report.

Open Society Foundations plan to significantly curtail their work in Europe and lay off much of their staff there

OCCRP), a global network of investigative journalists, backed by billionaire investor George Soros among others, are in the final stages of releasing an investigative report on a wellknown Indian corporate group, news agency PTI reported on Thursday, citing sources aware of the matter. According to these sources, the objective of the forthcoming expose is said to be alleged instances of round tripping of funds from overseas jurisdictions into listed Indian companies controlled by the above-mentioned group.

New Delhi: Months after a US short seller shook markets with a damning report on the Adani group, the Organised Crime and Corruption Reporting Project (OCCRP) - an organisation funded by likes of George Soros and Rockefeller Brothers Fund - is said to be planning another 'expose' on certain corporate houses in India, sources said. OCCRP, which calls itself "an investigative reporting platform formed by 24 nonprofit investigative centres... spread across Europe, Africa, Asia and Latin America, may publish a report or a series of articles, three sources with knowledge of the matter said.

Soros and Rockefeller Brothers Fund — is said to be planning another 'expose' on certain corporate houses in India, sources said. OCCRP, which calls itself «an investigative reporting platform formed by 24 nonprofit investigative centres… spread across Europe, Africa, Asia and Latin America, may publish a report or a series of articles, three sources with knowledge of the matter said. An email sent to OCCRP seeking comments remained unanswered. Founded in 2006, OCCRP claims to specialize in reporting on organized crime and largely publishes these news articles through partnerships with media houses. On its website, it identifies the Open Society Foundations of George Soros, a financier with a penchant for funding radical causes around the world, as one of the institutional donors.

Elon Musk on Thursday called entrepreneur Vivek Ramaswamy a ‘promising candidate’ for the 2024 US presidential election. He responded to a clip of Ramaswamy, shared on X (formerly Twitter), on Tucker Carlson’s online show. “He is a very promising candidate," said Elon Musk in a post on X.

Open Society Foundations said Wednesday that they plan to limit new grantmaking until February, as the nonprofits transition to a new operating model