The Elara-owned Oyster Bay Fund borrowed from Nomura to make leveraged bets on Adani Enterprises and Adani Ports. Those positions collapsed after Hindenburg Research’s January 2023 report accused the Adani Group of “brazen stock manipulation” and suggested Elara-linked funds were involved, according to High Court filings.
Recent Posts
- Anthropic wins preliminary injunction in DOD fight as judge cites ‘First Amendment retaliation’
- Anthropic vs Pentagon: Court grants injunction, questions govt’s move to ‘cripple’ AI firm
- From beer to cosmetics, Asia feels full force of war-fuelled energy crisis
- Vivani Medical Reports Fourth Quarter and Full Year 2025 Financial Results and Provides Business Update
- NANOBIOTIX to Announce Fourth Quarter and Full Year 2025 Operational and Financial Update on March 31st, 2026