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how an obscure US firm profited from triggering the Indian giant's price plunge

Written by Mark Humphery-Jenner, Associate Professor of Finance, UNSW Sydney

Sam Shere/Wikimedia Commons

A few weeks ago, Gautam Adani was indisputably India’s richest man.

Now his fortune is slipping away as the stocks of his many companies crash, thanks to the efforts of a relatively obscure US company named after the 1937 Hindenberg disaster (in which a hydrogen-filled airship caught fire, killing 98 people).

Adani&r...

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how an obscure US firm profited from triggering the Indian giant's price plunge

Aurecon bolsters South Australian leadership to support major infrastructure growth

Iran wants oil tariffs paid in Chinese yuan – is the power of the US petrodollar in decline?

Family and business trusts could soon have to pay more tax – with a few likely exceptions

After dumping Inland Rail, Australia has no plan to stop relying on diesel trucks for freight

Amazon Australia Launches Fresh Grocery Delivery with Harris Farm Markets in Canberra

Landlords pay almost $7 billion a year more in tax than home owners, pushing rents higher

Traditions of Rural Bali at Villa Sabana

NEW SOUTH WALES ABORIGINAL LAND COUNCIL LODGE COMPLAINT WITH THE AUSTRALIAN HUMAN RIGHTS COMMISSION ON CROWN LANDS BILL

Meet the Women Driving Innovation in Australian Wine

What happens when employees are fired for complaining at work

Flower Gifting: The Perfect Gesture for Any Celebration

Pre-Budget Expectations

“Time is running out to get Payday ready,” Brighter Super urges

PayNuts Unveils Expanded Integrated Solutions and Refreshed Brand to Support Australian SMEs

BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

VistaPrint Research Reveals Australian Small Businesses Face a Succession Cliff

Corporate volunteering grows up: how companies are shifting to meaningful, community-led impact

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