Supreme Court appointed expert committee feels there is an urgent need to introspect whether the quantum of disclosures “loads and burdens” the investors; there are more than 1,500 laws that directly or indirectly govern doing business in India
Jack Dorsey-Hindenburg report row: After its report on the Indian conglomerate Adani Group that wiped off billions of promoters and investors wealth, US-based Hindenburg Research has now targeted Twitter founder Jack Dorsey s payments company Block Inc. In the aftermath of the Hindenburg report which alleged Block of engaging in fraud, Jack Dorsey s net worth took a hit. Watch this Business Today Visual Story to know more.
Block said the short seller's report on its Cash App business was "factually inaccurate and misleading". After reviewing the full report, Block said it was "designed to deceive and confuse investors".