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Hindenburg Research says if Adani Group files a lawsuit, it will demand documents from the company.

image source-Millenium Post   Adani Group has announced that it is considering legal action against Hindenburg Research, a US-based investment research firm, for its recent report on the Indian conglomerate. In response, Hindenburg has stated that it fully stands by its report and believes any legal action taken against them would be without merit. The report, which was released this week, alleged that Adani Group had used undisclosed related-party transactions and earnings manipulation to "maintain the appearance of financial health and solvency" of its listed business units. The firm also stated that they would welcome any legal action taken by Adani Group and would use the discovery process to demand documents.
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Silvio Berlusconi's Shocking Will Revealed: Partner Marta Fascina Inherits €100 Million Fortune

Former Italian Prime Minister Silvio Berlusconi, who passed away on June 12, 2023, left a €100 million ($109 million) fortune for his partner Marta Fascina, according to a report by Bloomberg.


Berlusconi, an Italian media tycoon and politician, served as the prime minister of Italy in four governments from 1994 to 1995, 2001 to 2006, and 2008 to 2011. The three-time former Italian premier and media mogul died at the age of 86 after being hospitalized for treatment of chronic leukemia.


The will's stipulations also include the ex-premier's plan to broadly pass his business empire over to his oldest heirs, as reported by Bloomberg.


Silvio Berlusconi left control of his media empire to his two eldest children, while bequeathing €100 million of his estimated €5 billion ($5.4 billion) fortune each to his companion and his brother.


Fascina, a lawmaker for Berlusconi's Forza Italia party, was in a relationship with the ex-prime minister for about three years and remained by his side during his final months.


Berlusconi's fortune was estimated at €5 billion ($5.4 billion), including publicly traded Fininvest valued at €2.8 billion ($3 billion), real estate holdings worth around €700 million ($760 million), stocks, artworks, and cash.


According to a copy of the will published by Italian media outlets, Berlusconi decided in 2006 how his business holdings would be divided. He added the bequeathal to his brother in 2020 and those to Fascina and Dell'Ultri in January, when he was hospitalized for tests.

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