Shares of companies linked to the Adani Group have sharply fallen since U.S. short seller Hindenburg Research published a scathing report in late January into Adani’s business empire. Their combined market value has dropped by $137 billion so far.Shares of companies linked to the Adani Group have sharply fallen since U.S. short seller Hindenburg Research published a scathing report in late January into Adani’s business empire. Their combined market value has dropped by $137 billion so far.
On Thursday, the Supreme Court set up a five-member panel to look into Hindenburg’s allegations, which Adani has since denied. Gautam Adani, whose net worth has tumbled to $39 billion from over $100 billion since the report came out, tweeted that he welcomed the move by the court. “Truth will prevail,” he said.
Shares in flagship firm Adani Enterprises 512599 increased over 2% on Thursday and Adani Green Energy 541450 and Adani Power’s 533096 stock rose 5%.
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India court asks regulator to check on Adani's related party transactionsIndia's top court on Thursday asked the market regulator to investigate any possible lapses in securities law or other regulatory disclosures by the Adani group that has been hard by allegations of business malpractice by a U.S. short seller.
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Supreme Court weighs Biden student loan plan worth billions– The Supreme Court is taking up a partisan legal fight over President Joe Biden's plan to wipe away or reduce student loans held by millions of Americans. You mean the people who get paid by the rich to allow predatory laws? That Supreme Court?
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Supreme Court must stop Biden snatching this power from the people on student debt handoutsThe Supreme Court will soon look at whether President Biden has the authority to cancel $430 billion in federal student-loan debt. Hey look everybody, the lying liars have something to say! Pay your own damn debt for real not my problem you went to college for underwater lesbian basketweaving and now you can't find a job that is a you problem not a us problem
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Supreme Court to debate Biden's student loan forgiveness plan today: Live updatesFor more than four months tens of millions of Americans have waited for a sign about whether President Biden's $400 billion student loan forgiveness plan is legal. The Supreme Court may finally provide some answers. Get a loan pay it back. Pretty simple. You mean “scam for votes” If he cared so much like TheDemocrats, they would have shoved it in their reconciliation bills they passed when they controlled everything. But nope. This way, they can blame the court instead of themselves.
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US Supreme Court scrutinizes Biden college student debt reliefThe fate of President Joe Biden's plan to cancel $430 billion in student debt for some 40 million borrowers is placed in the hands of the U.S. Supreme Court on Tuesday in a case that presents another major test of executive branch authority. You mean Biden’s blatantly illegal election stunt? hmm we usually only do billions in subsidies for companies that don’t need it Biden supported the war in Ukraine with the money of taxpayers across the United States, but he never considered American citizens. If there was a third world war between Ukraine and Russia, Biden would be a sinner
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Supreme Court weighs Biden student loan plan worth billionsThe Supreme Court is taking up a partisan legal fight over President Joe Biden’s plan to wipe away or reduce student loans held by millions of Americans. The plan has so far been blocked by Republican-appointed judges on lower courts. You mean scam. If he cared so much like TheDemocrats, they would have shoved it in their reconciliation bills they passed when they controlled everything. But nope. This way, they can blame the court instead of themselves. If it's such a good idea, send it through Congress like all of our tax dollars are supposed to be allocated. He couldn't even send it through a majority democrat congress last year because he knows it will fail. But he had to tell you something. So he lied. Partisan?
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