Supreme Court rejects probe by special investigation team into allegations against Adani Group, directs Securities and Exchange Board of India to continue investigation
Adani-Hindenburg Case Verdict: A bench headed by Chief Justice of India D Y Chandrachud said that SEBI must carry out the investigation to its logical end and that “no ground was made out for transfer of probe” from the regulatory board.
Adani Group Delegation Meets Telengana CM Revanth Reddy; Eyes Expansion In State freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
The Adani Group stocks got bludgeoned on the bourses after the Hindenburg Research made a litany of allegations, including those about fraudulent transactions and share-price manipulation, against the business conglomerate. The Adani Group dismissed the charges as lies, saying it complies with all laws and disclosure requirements