Something big soon on India, says Hindenburg Research

Hindenburg Research, the US-based short seller known in India for its explosive report on the Adani Group, has announced another major revelation involving the country on Saturday morning. In a post on X (formerly Twitter), the firm said, “Something big soon India.”

The statement triggered widespread speculation about which corporation might be its next target.

Hindenburg Research, founded in 2017 by Nathan Anderson, is known for its meticulous investigations into major corporations. The firm has built a reputation for exposing corporate fraud and malfeasance, often targeting high-profile companies. Named after the infamous 1937 Hindenburg disaster, the firm views corporate wrongdoing as similarly catastrophic and avoidable.

Hindenburg’s investigative process involves combing through public records, and internal corporate documents, and conducting interviews with company employees. The firm then prepares a detailed report, which is shared with its limited partners. Together, they take a short position in the target company, profiting if the company’s share price declines following the report’s public release.