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Adani vs Hindenburg case: ET Explains: Allegations against Adani Group, Sebi probe and SC Order

Supreme Court recently rejected pleas to either form a special investigation team (SIT) or direct the Central Bureau of Investigation (CBI) to probe US short-seller Hindenburg Research s charges against the infrastructure conglomerate. Now, Sebi will now be the sole regulator examining allegations of rule violations by Adani Group. The case is based on US-based short seller Hindenburg Research published a report alleging malfeasance by the Adani Group. ....

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