SEBI has settled its adjudication proceedings against five Adani Group companies, arising from an examination into disclosure and corporate-governance issues flagged in the Hindenburg report, on payment of settlement amounts totalling about Rs 1.51 crore. The settlement was arrived at without the companies admitting or denying the findings, and disposes of the proceedings without any finding of wrongdoing, subject to SEBI’s right to restore them in certain circumstances.
A US federal court dismissed the criminal bribery case against Gautam Adani, accepting the DOJ’s decision to drop it, but the judge criticised the process and said it was no finding on merits. New Delhi: A United States federal court has dismissed the criminal case against Indian billionaire Gautam Adani, accepting the US Department of […]
