{"id":552625,"date":"2023-02-04T09:46:13","date_gmt":"2023-02-04T04:16:13","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=552625"},"modified":"2023-02-04T10:35:57","modified_gmt":"2023-02-04T05:05:57","slug":"pil-in-sc-seeks-prosecution-for-artificial-crashing-of-adani-stock-value","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pil-in-sc-seeks-prosecution-for-artificial-crashing-of-adani-stock-value\/","title":{"rendered":"PIL in SC seeks prosecution for &#8216;artificial crashing&#8217; of Adani stock value"},"content":{"rendered":"<p>A PIL has been filed in the Supreme Court, seeking the prosecution of short seller Nathan Anderson of US-based firm Hindenburg Research and his associates in India and the US, for allegedly exploiting innocent investors and the &#8220;artificial crashing&#8221; of the Adani Group&#8217;s stock value in the market.<\/p>\n<p>Hindenburg engages in activist short selling, which involves selling borrowed stocks with the hope of buying the same at a lower price later. If the prices fall on the expected lines, the short sellers make a killing.<\/p>\n<p>The investment research firm, which invests its own capital, takes such bets based on its research, which looks for &#8220;man-made disasters&#8221; such as accounting irregularities, mismanagement and undisclosed related-party transactions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A PIL has been filed in the Supreme Court, seeking the prosecution of short seller Nathan Anderson of US-based firm Hindenburg Research and his associates in India and the US, for allegedly exploiting innocent investors and the &#8220;artificial crashing&#8221; of the Adani Group&#8217;s stock value in the market. Hindenburg engages in activist short selling, which involves selling borrowed stocks with the hope of buying the same at a lower price later. If the prices fall on the expected lines, the short sellers make a killing. The investment research firm, which invests its own capital, takes such bets based on its [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-552625","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/552625","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=552625"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/552625\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=552625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=552625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=552625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}