Sebi dismisses Hindenburg's allegations against Adani Group
Source: BBC
India's stock market regular has dismissed allegations of stock manipulation and financial fraud against billionaire Gautam Adani and his group of companies, made by US short-seller Hindenburg Research.The Securities and Exchange Board of India (Sebi) began investigating the conglomerate in 2023, after Hindenburg Research published explosive reports, causing the group a loss of more than $100bn in market value in…
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