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Adani-Hindenburg case: SC to deliver verdict over pleas seeking probe on Jan 3
Credit: DNA- Published on January 2, 2024
The top court, while reserving the verdict, had said it has no reason to "discredit" SEBI, the stock market regulator, which probed the allegations against the Adani group. The court said there was no material before it to doubt what the market regulator had done.
Video credit: Oneindia
Published on January 2, 2024 - 02:36
Adani-Hindenburg case: SC to pronounce verdict over pleas seeking probe on January 3 | Oneindia News
The Supreme Court is set to deliver its verdict on a series of petitions requesting a court-monitored investigation into the accusations made by US-based short-selling firm Hindenburg Research against the Adani Group on Wednesday. The court had reserved its judgement in November of the previous year. The case revolves around the allegations brought forth by Hindenburg Research concerning the financial practices and trading activities of the Adani Group, leading to the involvement of the Securities and Exchange Board of India (SEBI)
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Adani Group
Indian multinational conglomerate
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Credit: IndiaTimes - Published 1 week ago