The Adani-Hindenburg case has sparked concerns about regulatory oversight for India’s Adani Group. The Supreme Court’s involvement and SEBI’s actions are pivotal. Despite serious allegations, the expert committee found no evidence of manipulation, reinforcing regulatory integrity. SEBI’s ongoing investigations underscore the case’s complexity and the stakes involved.
The Supreme Court of India has reserved its verdict in the high-profile case involving allegations by US-based short-selling firm Hindenburg Research against the Adani group of companies. The allegations, which accused Adani of stock market regulation violations, led to a significant drop in the group’s share value. The bench, led by Chief Justice of India […]
Supreme Court Postpones Adani-Hindenburg Case Hearing; Adani Stocks Experience Downturn The Supreme Court’s recent decision to postpone the Adani-Hindenburg case hearing has had a palpable impact on the stock market, with shares of Adani Enterprises, Adani Ports, and other Adani Group companies witnessing a decline. Ahead of the anticipated hearing, Adani Enterprises’ shares dropped by […]
Adani-Hindenburg Case: Petitioner Calls for New Expert Committee Citing Alleged Conflicts of Interest In the ongoing Adani-Hindenburg case, the petitioner has approached the Supreme Court with a fresh affidavit, urging the reconstitution of the expert committee due to alleged conflicts of interest among its members. The Supreme Court had earlier formed an expert committee in […]
SEBI Accused of Concealing DRI Alert on Adani Group: Petitioner Approaches Supreme Court In a recent development that has sent shockwaves through India’s financial sector, the Securities and Exchange Board of India (SEBI) finds itself under scrutiny. Anamika Jaiswal, a petitioner, has approached the Supreme Court with a detailed affidavit, alleging that the market regulator […]