Short seller Hindenburg accuses Jack Dorsey’s Block of ‘facilitating fraud’
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Short seller Hindenburg accuses Jack Dorsey’s Block of ‘facilitating fraud’

ByNews Polite

Hindenburg Research, the short-seller whose damning report on Indian billionaire Gautam Adani triggered a $150 billion loss from the mogul’s net worth, is now accusing Jack Dorsey’s mobile payment firm Block of “facilitating fraud against consumers and the government.” Hindenburg on Thursday alleged that Block overstated its user numbers and…

Adani Group Said to Enter Telecom Spectrum Race, to Face Jio, Airtel, Vodafone Idea

Adani Group Said to Enter Telecom Spectrum Race, to Face Jio, Airtel, Vodafone Idea

ByNews Polite

Billionaire Gautam Adani’s group is said to be planning a surprise entry into the race to acquire telecom spectrum, which will pitch it directly against Mukesh Ambani’s Reliance Jio and telecom czar Sunil Bharti Mittal’s Airtel, sources said. Applications for participating in the July 26 auction of airwaves, including those…