SC verdict on Adani matter 'extraordinarily generous' to SEBI, will fight crony capitalism: Congress

Credit: IndiaTimes- Published on January 3, 2024
Congress criticizes Supreme Court's judgment on Adani Group transactions, accuses court of being generous to SEBI; Gautam Adani claims truth has prevailed; Congress demands joint parliamentary committee (JPC) to investigate Adani's alleged illicit activities; Congress accuses SEBI of failing to complete investigation into Adani...

Video credit: Oneindia
Published on January 3, 2024 -  02:06
Hindenburg-Adani Case Supreme Court Denies S.I.T| Says SEBI Probe to Continue|Oneindia News
The Supreme Court ruled against an SIT, upholding Sebi's ongoing investigations into Adani Group in three months. It dismissed transfer requests, endorsed FPI and LoDR norms, and rejected conflict claims in expert panels. The verdict eased market pressure, causing Adani Enterprises' shares to rise initially by 2%. #Adani #Adanigroup #Supremecourt #Hindenburgreport #Hindenburgadani #Stockmarket #Oneindia #Oneindianews ~PR.152~ED.194~GR.124~HT.96~

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Securities and Exchange Board of India

Regulatory body for securities in India
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Adani Group

Indian multinational conglomerate
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Supreme court

Highest court in a jurisdiction
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Joint parliamentary committee

Indian ad hoc committee
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Gautam Adani

Indian billionaire businessman
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