Investigations Financial News

Mohan Singh and Shivender Mohan Singh for cheating and criminal conspiracy.

Subscribe to enjoy similar stories. A little more than a year after legendary Enron short-seller Jim Chanos threw in the towel on activist short selling, the equally famous Hindenburg Research is calling it a day. Short selling, short-trade research and public activism are all key to the functioning of the stock market.

The U.S. Labor Department says Perdue Farms will pay $4 million in restitution after it employed children in hazardous occupations in Virginia

It turns out that $1.8 billion wasn’t just sitting in a bank account in South Carolina waiting to be spent

Ben Affleck is one of the celebrities who had to flee their home in Los Angeles due to the devastating Pacific Palisades fire. The “Argo” director, 52, was evacuated from the $20 million house after the intense blaze and went to his ex-wife Jennifer Garner’s nearby home, according to TMZ. A few days later, FBI agents visited Ben Affleck's home. Photos showing the FBI visiting Ben Affleck's home in the Los Angeles area over the weekend were obtained, as quoted in a report by Parade.

Hindenburg Research, the US short seller that mounted an attack on the Adani Group and Sebi chief Madhabi Puri Buch, is shutting down. Founder Nate Anderson did not specify any one reason to disband it. «There is not one specific thing — no particular threat, no health issue, and no big personal issue,» he said. «As I've shared with family, friends and our team since late last year, I have made the decision to disband Hindenburg Research,» he added. He explained that the plan was to wind up operations after completing their pipeline of investigative ideas. Notably, the firm recently concluded its final projects related to Ponzi schemes, marking the end of its research activities.

Goods and Service Tax (GST) proper officer can't arbitrarily arrest a GST registered person due to a recent amendment in GST arrest instructions. Moreover, now GST proper officers have to explain to the taxpayers about the 'grounds of arrest' and also obtain a written acknowledgement from them about their understanding of the explanation.

U.S. automobile safety regulators are closing their preliminary investigation into General Motors’ Cruise robotaxis without taking further action

Saif Ali Khan stabbed LIVE Updates: Actor Saif Ali Khan has reportedly sustained minor injuries after an unknown individual entered his residence and was involved in a scuffle with the actor resulting in the injruies.According to Mumbai Police, the incident occurred late Wednesday night when the intruder engaged in an argument with the actor's maid.When Saif Ali Khan attempted to intervene and calm the situation, the unknown individual turned aggressive and the two were engaged in a scuffle, causing the actor to sustain minor injuries. Investigation is going on.The actor, who was immediately attended to, has been admitted to the Lilavati Hospital in Mumbai for treatment.While his injuries are not severe, the police have initiated a full investigation into the matter.According to Deputy Commissioner of Police, Dixit Gedam, "The actor and the intruder had a scuffle.

Bloomberg states.This month, Anderson went after Ernie Garcia III’s Carvana Co., accusing him and his father, Ernie Garcia II, of an “accounting grift for the ages." The auto retailer promptly dismissed Hindenburg’s arguments as “intentionally misleading and inaccurate."As I’ve shared with family, friends, and our team since late last year, I have made the decision to disband Hindenburg Research. The plan has been to wind up after we finish the pipeline of ideas we were working on.

Karnataka High Court, on Wenesday allowed the Lokayukta to continue its investigation into the alleged Mysuru Urban Development Authority (MUDA) site allocation irregularities involving Chief Minister Siddaramaiah. The court directed that the probe be overseen by the Inspector General of Police, Lokayukta, and instructed the anti-corruption agency to file detailed records of its investigation so far.

K T Rama Rao against the order that refused to quash an FIR against him in the Formula E race case. After a bench of Justices Bela M Trivedi and Prasanna B Varale said it was not inclined to interfere with the high court order, Rao's counsel withdrew the appeal and the matter was dismissed as withdrawn.

Subscribe to enjoy similar stories. SEOUL: South Korean authorities arrested and detained for questioning the country's impeached president, Yoon Suk Yeol, deepening the fallout from his short-lived declaration of martial law last month. Never before has a South Korean sitting president been arrested.

Yoon Suk Yeol over his brief imposition of martial law last month. In a video message recorded before he was escorted to the headquarters of an anti-corruption agency, Yoon lamented that the «rule of law has completely collapsed in this country» but said he was complying with the detention warrant to prevent clashes between law enforcement officials and the presidential security service.

BJP on Tuesday asked AAP leader Arvind Kejriwal to clarify whether AAP has any connection with those allegedly involved in sending bomb threats to more than 400 schools in Delhi recently. This came after the Delhi Police claimed that a Class-12 student had sent hoax bomb threats to more than 400 city schools and that his parents were linked to an NGO that supports a political party. The police, however, did not reveal the name of the political party.

Ajit Pawar on Tuesday described the murder of sarpanch Santosh Deshmukh in Beed district as a «brutal» act and asserted those involved in the crime would face stringent punishment.

Trading in the social housing trust's shares was suspended in January 2023 after it missed the deadline to publish its 2022 results, and the embattled trust subsequently came under investigation by the Financial Conduct Authority as its untenable levels of debt came to light. The missing 2023 annual report published today (14 January) also showed a decrease in net asset value from £345.9m to £216.9m in the year to 31 August 2023, while the NAV per share plummeted 37.3% over the year from 43.76p to 27.43p. Home REIT rebuffs unexpected buyout offer from Southey Capital When Home REIT...

Afzal Guru.

Subscribe to enjoy similar stories. Chinese leader Xi Jinping is bringing the country’s financial sector to heel, one banker at a time.