‘Hit job on Adani was Chinese vengeance’: BJP leader's claim over Hindenburg row
5 months ago

‘Hit job on Adani was Chinese vengeance’: BJP leader's claim over Hindenburg row

Hindustan Times  

Senior lawyer and Bharatiya Janata Party leader Mahesh Jethmalani has alleged that the Hindenburg Research report against billionaire Gautam Adani's conglomerate was a “hit job” by China, seeking “vengeance” for losing out on contracts for developmental projects. “Now that there's an established Chinese hand behind the Hindenburg hatchet job on the Adani group it behoves the GOI to probe the linkages between the loudest political voices that pre and post the publication of the Hindenburg report savaged the government for its 'crony capitalism,” Jethmalani said. “The hit job on the Adani group was Chinese vengeance for losing out on strategic mining and infrastructure project bids, one of the most crucial of which was the bid for the Israeli port of Haifa,” the top lawyer alleged. “Shockingly some Indian politicians seemed deeply aggrieved by Adanis Haifa port success- a strategic acquisition key to the viability of IMEC- an economic corridor of India, the Middle East and Europe meant to compete with and improve upon China's BRI-Belt and Road Initiative.

India China Port Chinese Haifa Adani Hindenburg Jethmalani  strategic  leaders  port  bjp  chinese  hindenburg  political  job  claim  vengeance  adani  report  group  jethmalani  hit  row

History of this topic

Gautam Adani breaks silence on bribery charges in US: ‘Every attack makes us stronger and…’
Trending News
3 weeks, 3 days ago

Gautam Adani breaks silence on bribery charges in US: ‘Every attack makes us stronger and…’

Live Mint  

Adani Group Chairman Gautam Adani on Saturday, November 30, responded to the alleged bribery and fraud allegations against the conglomerate, saying that the legal matter involving the US Department of Justice is a challenge which the Group has faced "not for the first time". What I can tell you is that every attack makes us stronger and every obstacle becomes …

Adani Group says it lost nearly $55 billion since US indictment: Report
3 weeks, 6 days ago

Adani Group says it lost nearly $55 billion since US indictment: Report

Hindustan Times  

India's Adani Group conglomerate said Wednesday it had suffered a staggering loss of nearly $55 billion since US corruption charges against top officials, accusations the company denies. The November 20 bombshell indictment in New York accused billionaire industrialist founder Gautam Adani and multiple subordinates of deliberately misleading international investors as part of the bribery scheme. "Since the intimation of the …

US bribery case against Adani reaches Supreme Court, Sebi in the dock
1 month ago

US bribery case against Adani reaches Supreme Court, Sebi in the dock

India Today  

A fresh application was filed before the Supreme Court on Sunday urging it to take on record the charges of bribery and fraud brought against billionaire Gautam Adani and his seven associates by US authorities. The petition, filed by Vishal Tiwari, alleges shortcomings in the Securities and Exchange Board of India’s investigation into Hindenburg Research's allegations against the Adani Group …

Adani shares rally in India after founder's US charges
Trending News
1 month ago

Adani shares rally in India after founder's US charges

Deccan Chronicle  

Mumbai: Shares in Indian billionaire Gautam Adani's conglomerate rallied Friday to pare the previous day's frenzied sell-off sparked by US charges alleging the tycoon paid more than $250 million in bribes to secure lucrative government contracts. Shares in Adani Enterprises, his conglomerate's main listed unit, rose nearly four percent in morning trade, while its listed ports and power subsidiaries posted …

Adani Group stocks in trouble again! What should investors do now?
1 month ago

Adani Group stocks in trouble again! What should investors do now?

Live Mint  

Adani Group stocks experienced a rollercoaster trading session on November 22, rebounding sharply after falling by around 10% in early trades. U.S. prosecutors indicted Adani Group Chairman Gautam Adani, his nephew Sagar Adani, and others on charges of orchestrating a $265 million bribery and fraud scheme to expand the group’s solar energy business. He noted that heightened scrutiny and unresolved …

Déjà vu moment for Adani Group after Hindenburg allegations
1 month ago

Déjà vu moment for Adani Group after Hindenburg allegations

Deccan Chronicle  

CHENNAI: The indictment by the Securities Exchange Commission and the group’s loss in market capitalisation is a moment of déjà vu for Adani Group after the Hindenburg reports of 2023. In its January 2023 report, Hindenburg Research accused the Adani Group of engaging in extensive accounting fraud, stock price manipulation, and exploiting tax havens. Hindenburg in August this year further …

Opposition's 'nexus' jibe at PM Modi after Adani's US indictment, BJP counters
1 month ago

Opposition's 'nexus' jibe at PM Modi after Adani's US indictment, BJP counters

India Today  

Hours after the US prosecutors charged Gautam Adani with bribery and fraud, Congress reiterated its call for a Joint Parliamentary Committee probe into the transactions of the Adani group, and hit out at Prime Minister Narendra Modi, alleging an "internal nexus" between him and "his favourite businessman." Senior Congress leader Jairam Ramesh said the indictment of Gautam Adani and others …

Hindenburg Report: Adani Group Denies Allegations, Watch Big Updates Of The Hour Only On ABP News
3 months, 1 week ago

Hindenburg Report: Adani Group Denies Allegations, Watch Big Updates Of The Hour Only On ABP News

ABP News  

In a significant development related to the ongoing scrutiny of the Adani Group following the Hindenburg Research report, Swiss authorities have taken a major step by freezing over $310 million in funds connected to the conglomerate. This action comes amidst an extensive investigation into the financial activities of the Adani Group, which has been under the spotlight since Hindenburg's allegations …

Adani Group Denies Hindenburg Allegations, Claims All Accusations are False | ABP News
3 months, 1 week ago

Adani Group Denies Hindenburg Allegations, Claims All Accusations are False | ABP News

ABP News  

In a significant development related to the ongoing scrutiny of the Adani Group following the Hindenburg Research report, Swiss authorities have taken a major step by freezing over $310 million in funds connected to the conglomerate. This action comes amidst an extensive investigation into the financial activities of the Adani Group, which has been under the spotlight since Hindenburg's allegations …

'No Swiss court proceedings, no account frozen': Adani Group rejects another claim made by US-based short seller Hindenburg
3 months, 1 week ago

'No Swiss court proceedings, no account frozen': Adani Group rejects another claim made by US-based short seller Hindenburg

Op India  

On Thursday, US-based short seller Hindenburg Research claimed that Swiss authorities had frozen more than USD 310 million in funds across several Swiss bank accounts over money laundering allegations against Adani Group. Taking to X, Hindenberg Research claimed: “Swiss authorities have frozen more than $310 million in funds across multiple Swiss bank accounts as part of a money laundering and …

Adani Group shares drop after Hindenburg's fresh allegations
3 months, 1 week ago

Adani Group shares drop after Hindenburg's fresh allegations

India Today  

The stock market has its ups and downs, and this time, it’s the Adani Group under the spotlight again. Adani Group shares fell by up to 2% in early trading on Friday after Hindenburg Research claimed that Swiss authorities had frozen over $310 million across several Swiss bank accounts. The short-seller claimed that an investigation dating back to 2021 has …

Congress to hold 20 press conferences on Aug 21 to highlight need for JPC probe into allegations against Adani, Sebi
4 months ago

Congress to hold 20 press conferences on Aug 21 to highlight need for JPC probe into allegations against Adani, Sebi

New Indian Express  

The Congress had earlier said that the demand for a JPC probe goes beyond the findings of the Hindenburg report as it is "just the tip of the iceberg." "The demand for a Joint Parliamentary Committee investigation into the Adani Mega Scam goes far beyond the revelations made by Hindenburg Research's reports. The party has been pushing for a transparent …

Adani Group rocked by Hindenburg allegations against SEBI
4 months, 1 week ago

Adani Group rocked by Hindenburg allegations against SEBI

Al Jazeera  

Adani Group’s stock value plunged by nearly $150bn after Hindenburg Research’s first report in January 2023. Adani Group, the Indian conglomerate rocked by a Hindenburg Research report last year, has faced another heavy share selloff after the short seller accused the head of India’s market regulator of having links to offshore funds also used by the group. Buch said the …

Adani Group's first reaction to new Hindenburg attack: ‘Malicious, mischievous’
4 months, 1 week ago

Adani Group's first reaction to new Hindenburg attack: ‘Malicious, mischievous’

Hindustan Times  

The Adani Group on Sunday slammed American short-seller Hindenburg for claiming that the conglomerate had financial links with Sebi chairperson Madhabi Buch and her husband, saying the allegations were malicious, mischievous and manipulative. "For a discredited short-seller under the scanner for several violations of Indian securities laws, Hindenburg's allegations are no more than red herrings thrown by a desperate entity …

Adani Group's first reaction to new Hindenburg attack: ‘Malicious, mischievous’
4 months, 1 week ago

Adani Group's first reaction to new Hindenburg attack: ‘Malicious, mischievous’

Hindustan Times  

The Adani Group on Sunday slammed American short-seller Hindenburg for claiming that the conglomerate had financial links with Sebi chairperson Madhabi Buch and her husband, saying the allegations were malicious, mischievous and manipulative. "For a discredited short-seller under the scanner for several violations of Indian securities laws, Hindenburg's allegations are no more than red herrings thrown by a desperate entity …

Explained: What is Hindenburg, the firm which levelled allegations against Adani, Sebi chief?
4 months, 1 week ago

Explained: What is Hindenburg, the firm which levelled allegations against Adani, Sebi chief?

Hindustan Times  

Hindenburg Research on Saturday released a report that alleged the Securities and Exchange Board of India did not act on claims it made in its 2023 report against the Adani Group because the market regulator's chief, Madhabi Puri Buch, had investments in offshore firms linked to the conglomerate. Hindenburg Research in a new report released on Saturday alleged that SEBI …

Hindenburg report: Cong urges Centre to remove ‘all conflict of interest’ in Adani probe
4 months, 1 week ago

Hindenburg report: Cong urges Centre to remove ‘all conflict of interest’ in Adani probe

Hindustan Times  

The Congress on Saturday reacted to the new report by Hindenburg Research, which alleged Securities and Exchange Board of India chief Madhabi Buch and her husband owned stakes in offshore entities linked to the Adani Group's alleged financial misconduct. In a statement, Congress general secretary Jairam Ramesh said that SEBI's “strange reluctance” to investigate the “Adani MegaScam” has been noted …

‘Something big soon India’: After Adani Group, Hindenburg Research hints at new report
4 months, 2 weeks ago

‘Something big soon India’: After Adani Group, Hindenburg Research hints at new report

Hindustan Times  

US-based investment research firm “Hindenburg Research” on Saturday shared a cryptic post hinting at another major India-focused report. In an X post on Friday, the firm worte, “Something big soon India.” In 2023, following the allegations against the Adani Group, shares of various Adani companies plummeted, with reported losses exceeding USD 100 billion. These accusations, detailed in the report by …

Hindenburg Research gets ‘show cause’ notice from SEBI over Adani Group report
5 months, 3 weeks ago

Hindenburg Research gets ‘show cause’ notice from SEBI over Adani Group report

Hindustan Times  

United States-based short-seller Hindenburg Research on Monday claimed that it has received a ‘show cause’ notice, outlining suspected violations over its short bet against Adani Group last year. Hindenburg Research, which had accused Adani Group of improper use of tax havens and flagged concerns about debt levels in a report in 2023, termed SEBI's notice as an attempt “to silence …

Adani Group case: Hindenburg Research gets show cause notice from SEBI, US firm terms it 'nonsense'
5 months, 3 weeks ago

Adani Group case: Hindenburg Research gets show cause notice from SEBI, US firm terms it 'nonsense'

India TV News  

Adani-Hindenburg row: Hindenburg Research, the US-based short-seller, said it received a show-cause notice from India’s capital market regulator Securities and Exchange Board of India in the Adani Group case. The US firm said the show cause notice does resolve some questions: "Did Hindenburg work with dozens of firms to short Adani, making hundreds of millions of dollars? Adani-Hindenburg row Hindenburg …

Adani-Hindenburg case: Review petition filed in SC against January 3 verdict
10 months, 1 week ago

Adani-Hindenburg case: Review petition filed in SC against January 3 verdict

Live Mint  

A petition has been filed in the Supreme Court seeking review of its January 3 verdict by which it refused to transfer the probe into allegations of stock price manipulation by the Adani Group to a special investigation team or the Central Bureu of Investigation. Here's why review petition challenges SC's verdict The plea, filed through advocate Neha Rathi, said …

Adani-Hindenburg Row | Plea Filed In Supreme Court Seeking Review Of Verdict Endorsing SEBI Investigation
10 months, 1 week ago

Adani-Hindenburg Row | Plea Filed In Supreme Court Seeking Review Of Verdict Endorsing SEBI Investigation

Live Law  

In the latest development in the Adani-Hindenburg row, a review petition has been filed challenging the recent Supreme Court verdict that dismissed pleas for a probe into allegations of stock price manipulations by the Adani group of companies.The plea, filed by petitioner Anamika Jaiswal, seeks a review of the January 3 judgment, which rejected calls for a Special Investigation Team. …

Adani, a Year Later: Investors Are Embracing India’s Humbled Champion
10 months, 3 weeks ago

Adani, a Year Later: Investors Are Embracing India’s Humbled Champion

Live Mint  

A year ago Adani Group, India’s infrastructure poster child, lost over $100 billion in market value in a matter of days following the publication of a short-seller report. Adani Enterprises, the group’s flagship, has clawed back 90% of the market value it had lost since Hindenburg’s report, alleging stock manipulation and accounting fraud, was published on Jan. 24, 2023. Gross …

On anniversary of Hindenburg report, Gautam Adani says group has emerged stronger
10 months, 4 weeks ago

On anniversary of Hindenburg report, Gautam Adani says group has emerged stronger

The Hindu  

A year after a damning report by a U.S. short seller ripped through his apples-to-airport conglomerate, billionaire Gautam Adani on Thursday said the "trials and tribulations" of the past year have made the Adani group stronger as it continued on growth path, improving asset base and launching key projects, including the Dharavi redevelopment. "This period marked the launch of several …

'Truth has prevailed': Gautam Adani tweets after SC refused to order SIT probe on claims by short-seller Hindenburg
11 months, 3 weeks ago

'Truth has prevailed': Gautam Adani tweets after SC refused to order SIT probe on claims by short-seller Hindenburg

Op India  

On Wednesday, India’s business tycoon Gautam Adani expressed his contentment after the Supreme Court ruled that it could not interfere with the regulatory framework or use the Hindenburg report as a justification for launching an SIT investigation. Following this, Gautam Adani took to X, formerly known as Twitter, and said that his humble contribution to India’s growth story would now …

SEBI is capable enough, no need for SIT against Adani: Supreme Court refuses to hold OCCRP, Hindenburg claims as truth
11 months, 3 weeks ago

SEBI is capable enough, no need for SIT against Adani: Supreme Court refuses to hold OCCRP, Hindenburg claims as truth

Op India  

In a major relief to the Adani Group, the Supreme Court ruled on Wednesday that it could not interfere with the regulatory framework or use the Hindenburg report or anything similar as justification for launching a new investigation. Supreme Court directs SEBI to complete its probe of two pending cases out of 24 in the Adani-Hindenburg issue within 3 months. …

‘Truth has prevailed’, says Gautam Adani after SC judgment
11 months, 3 weeks ago

‘Truth has prevailed’, says Gautam Adani after SC judgment

Live Mint  

Adani Group Chairman Gautam Adani on Wednesday welcomed the Supreme Court judgment in the Hindenburg case. The top court on January 3 pronounced its verdict on a batch of petitions seeking examination of allegations of fraud made against Adani Group of companies in the Hindenburg Research report. The pleas claimed the allegations that the Adani Group, considered close to the …

Adani Hindenburg Case Verdict: SC refuses to transfer probe from SEBI to SIT
11 months, 3 weeks ago

Adani Hindenburg Case Verdict: SC refuses to transfer probe from SEBI to SIT

Live Mint  

Adani Hindenburg Case Verdict: The Supreme Court has on December 3 held that there is no ground to transfer the Adani Hindenberg case investigation from the Securities and Exchange Board of India to a Special Investigation Team. In March 2023, the top court directed the capital markets regulator Securities and Exchange Board of India to investigate any violations of securities …

Adani-Hindenburg case verdict | No ground to transfer the investigation from SEBI to SIT, says SC
11 months, 3 weeks ago

Adani-Hindenburg case verdict | No ground to transfer the investigation from SEBI to SIT, says SC

The Hindu  

The Supreme Court on January 3 refused to transfer the investigation being carried out by market regulator SEBI into Hindenburg Research’s allegations against the Adani Group to a separate Special Investigation Team saying that the power of the court to enter the regulatory domain of SEBI is “limited”. Taking into account the assurance of the Solicitor General, we direct SEBI …

India’s Adani gets top court relief on further probe over Hindenburg report
11 months, 3 weeks ago

India’s Adani gets top court relief on further probe over Hindenburg report

Al Jazeera  

Indian agency was probing the group after Hindenburg Research last year alleged the improper use of tax havens and stock manipulation. India’s Supreme Court says the Adani Group does not need to face more investigations beyond the current scrutiny of the market regulator, a major relief for the conglomerate hit hard by a United States-based shortseller’s allegations of wrongdoing. Though …

SC to deliver verdict on Adani-Hindenburg row over market manipulation allegations today
11 months, 3 weeks ago

SC to deliver verdict on Adani-Hindenburg row over market manipulation allegations today

India TV News  

The Supreme Court is poised to announce its verdict on Wednesday regarding the Adani-Hindenburg dispute, addressing allegations of stock price manipulation against the Indian corporate giant, Adani Group. One of the PILs alleged that amendments to the Securities and Exchange Board of India Act provided a shield for the Adani Group's regulatory contraventions and market manipulations. The Hindenburg Research report, …

'Indian elements colluding with foreign powers': Adani Group on MahuaGate
1 year, 2 months ago

'Indian elements colluding with foreign powers': Adani Group on MahuaGate

Op India  

On 16th October, the Adani Group released an official statement reiterating that some groups and individuals, both inside and outside India, have been engaged in a smear campaign to besmirch the repute and harm the interests of the Adani Group. In the official letter, the Adani group spokesperson highlighted the recent reports that indicate a “quid pro quo” between Member …

‘Some groups and individuals working overtime to harm our name’: Adani Group amid allegations against Mahua Moitra
1 year, 2 months ago

‘Some groups and individuals working overtime to harm our name’: Adani Group amid allegations against Mahua Moitra

The Hindu  

The Adani Group has reacted to the alleged 'cash for question' in the Parliament about the Group raised by a BJP parliamentarian against TMC MP Mahua Moitra, saying this development corroborates the conglomerate's recent statement where it said that "some groups and individuals have been working overtime to harm our name, goodwill and market standing." Bharatiya Janata Party MP Nishikant …

Adani Group flags 'renewed' attempts to 'financially destabilise' conglomerate, names British newspaper, George Soros
1 year, 2 months ago

Adani Group flags 'renewed' attempts to 'financially destabilise' conglomerate, names British newspaper, George Soros

Hindustan Times  

Adani Group on Monday flagged what it called "renewed" attempts by the British newspaper Financial Times to "rehash old and baseless allegations" against the conglomerate. McCrum and John Reed, on the said date, reported that two men allegedly linked to Gautam Adani's brother Vinod Adani were using Bermuda's Global Opportunities Fund "to amass and trade large positions in shares of …

On Adani, regulators need to clear the air
1 year, 3 months ago

On Adani, regulators need to clear the air

Hindustan Times  

L’ affaire Adani has unfortunately been reduced to a political slugfest, with most people focusing on the timing of the revelations in, first, a research report by a short-seller, and more recently, two investigative reports in British newspapers. BJP supporters have rallied around the conglomerate, perhaps oblivious to the fallout that this just amplifies the perception about the political connections …

Reports reignite Adani row, put focus on regulator’s role
1 year, 3 months ago

Reports reignite Adani row, put focus on regulator’s role

Hindustan Times  

The Adani Group has “rejected” in a statement what it termed “recycled allegations”, following reports in both The Guardian and The Financial Times, based on documentary evidence that establish a trail between the individuals and the entities that bought shares of Adani companies, and Vinod Adani, Gautam Adani’s founder. Adani Group Chairman Gautam Adani While the group’s statement has described …

Financial Times cites secret paper trail, says it reveals hidden Adani investors
1 year, 3 months ago

Financial Times cites secret paper trail, says it reveals hidden Adani investors

Hindustan Times  

Two associates of Adani Group founder Gautam Adani’s brother, Vinod Adani, used Bermuda’s Global Opportunities Fund to amass and trade large positions in shares of the conglomerate, the Financial Times has reported citing documents a network of investigative journalists shared with the British business daily. The daily said a Vinod Adani employee oversaw the investments the two, Nasser Ali Shaban …

Hindenburg 2.0? Adani shares fall despite denial by Adani group of allegations
1 year, 3 months ago

Hindenburg 2.0? Adani shares fall despite denial by Adani group of allegations

Live Mint  

Stock market today: Despite denials by Adani group of fresh allegations labelled by Organised Crime and Corruption Reporting Project, Adani group shares witnessed sell off pressure during early morning deals. All Adani group stocks slipped into the red zone within few minutes of stock market's opening bell today. Adani Power shares lost over 3 per cent during morning deals whereas …

Hindenburg 2.0: OCCRP alleges Mauritius-based opaque funds invested millions of dollars in Adani stock
1 year, 3 months ago

Hindenburg 2.0: OCCRP alleges Mauritius-based opaque funds invested millions of dollars in Adani stock

The Hindu  

Hundreds of millions of dollars were invested in publicly traded Adani group stocks through Mauritius-based "opaque" investment funds by partners of promoter family, the Organised Crime and Corruption Reporting Project alleged on Thursday. The fresh allegations by an organisation funded by likes of George Soros and Rockefeller Brothers Fund come months after a U.S. short seller wiped away close to …

Adani family associates invested in its own stocks via foreign funds: Report
1 year, 3 months ago

Adani family associates invested in its own stocks via foreign funds: Report

Live Mint  

Gautam Adani's family allegedly invested millions of dollars in its own companies via “opaque” Mauritius funds, reported the Organised Crime and Corruption Reporting Project in its latest article. Notably, the allies of the Adani family may have spent years discreetly investing in Adani Group's own companies in the stock market during its rise in India, reported The Guardian referring to …

What has India’s Adani Group now been accused of?
1 year, 3 months ago

What has India’s Adani Group now been accused of?

Al Jazeera  

Investigative reporters network says it has documents backing Hindenburg’s claims that Adani Group used offshore tax havens to drive up share price. Citing a review of files from multiple tax havens and internal Adani Group emails, the Organised Crime and Corruption Reporting Project said on Thursday that two individual investors – Nasser Ali Shaban Ahli from Dubai and Chang Chung-Ling …

Gautam Adani Slams Hindenburg Report, Says It Carried 'Misinformation And Baseless Allegations'
1 year, 5 months ago

Gautam Adani Slams Hindenburg Report, Says It Carried 'Misinformation And Baseless Allegations'

News 18  

Gautam Adani, the chairman of the Adani Group, reaffirmed during the company’s 31st Annual General Meeting that the Hindenburg report, released earlier this year, consisted of misinformation and discredited allegations aimed at tarnishing the company’s reputation. The US-based short-seller Hindenburg Research published a report in January, accusing the group of stock manipulation and accounting fraud, allegations that Adani vehemently denied. …

Adani Enterprises AGM: Hindenburg's report an attempt to damage reputation, says Gautam Adani
1 year, 5 months ago

Adani Enterprises AGM: Hindenburg's report an attempt to damage reputation, says Gautam Adani

Hindustan Times  

Addressing Tuesday's 31st Annual General Meeting of his flagship Adani Enterprises, Gautam Adani once again accused the US-based short-seller Hindenburg Research of trying to malign the company's reputation with its report, which he dubbed as a ‘combination of targeted misinformation and discredited allegations.’ Gautam Adani addressing 31st AGM of the Adani Enterprises “This year, a US-based short-seller published a report …

Gautam Adani targets Hidenburg report after 5 months: 'Was aimed at damaging reputation'
1 year, 5 months ago

Gautam Adani targets Hidenburg report after 5 months: 'Was aimed at damaging reputation'

Hindustan Times  

Five months after a bombshell short seller report lopped off billions of dollars in market value of his empire, Gautam Adani has reiterated that his ports-to-energy conglomerate remains confident in its governance and disclosure standards. In the annual report of group's flagship firm Adani Enterprises Ltd, the Adani Group chairman said a Supreme Court -appointed panel of experts found no …

Congress alleges two offshore Adani-linked funds appeared to be on IT dept radar
1 year, 6 months ago

Congress alleges two offshore Adani-linked funds appeared to be on IT dept radar

The Hindu  

The Congress on May 30 alleged that two offshore Adani-linked funds appear to have been on the radar of Indian tax authorities since at least 2014 with no action evident other than one or two routine notices, as it reiterated that only a JPC can unearth the truth in the whole matter. The Congress cited a media report which claimed …

'Prima facie no manipulation by Adani Group': Supreme Court panel on Hindenburg report
1 year, 7 months ago

'Prima facie no manipulation by Adani Group': Supreme Court panel on Hindenburg report

Hindustan Times  

The Supreme Court-appointed expert committee to look into regulatory failure by the Securities and Exchange Board of India and alleged breach of laws by the Adani Group, has informed the Supreme Court in its report that allegations of stock price manipulations or violation of Minimum Public Shareholding norms by Adani group companies cannot be proved at this stage. Supreme Court …

Sebi probe into Adani drew blank: SC-appointed panel
1 year, 7 months ago

Sebi probe into Adani drew blank: SC-appointed panel

Deccan Chronicle  

New Delhi: An expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Sebi has "drawn a blank" in its probe into alleged violations in money flows from offshore entities into the conglomerate. "At this stage, taking into account the explanations provided by Sebi, supported by empirical data, prima …

Adani Group gets Supreme Court panel's clean chit in Hindenburg allegations: 'Prima facie no violation' – India TV
1 year, 7 months ago

Adani Group gets Supreme Court panel's clean chit in Hindenburg allegations: 'Prima facie no violation' – India TV

India TV News  

Adani-Hindenburg row: In a huge relief for Adani Group, an expert committee appointed by the Supreme Court to investigate allegations around the company made by US short-seller Hindenburg Research has found that it was not possible to conclude if there has been regulatory failure on stock price manipulation allegations. The Supreme Court had appointed the committee after US short-seller Hindenburg …

Adani-Hindenburg: SC gives SEBI extension till August 14 to complete probe
1 year, 7 months ago

Adani-Hindenburg: SC gives SEBI extension till August 14 to complete probe

Live Mint  

The Securities and Exchange Board of India has received an extension of time till August 14 to complete its probe into the Adani-Hindenburg episode. SEBI informed the Supreme Court on May 15 that it had not conducted any public investigation into Adani group companies, listed on the stock exchange, since 2016 regarding the suspected misuse of global depository receipts for …

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