RBI set to hike repo rate to 7-yr high of 6.Let's keep G20 non-political, India suggests ahead of meet.upvotes FollowUnfollow 1 year ago Cool 30 30points reply View more comments 3. Adani rebutted the allegations in the reports and has repeatedly denied Hindenburg’s allegations. Its 240K members are constantly sharing pics of the stuff they find while. The Adani Group is back in fire-fighting mode after media reports Tuesday called into question the Indian conglomerate’s ability to repay debt, reviving a selloff in its stock. The Supreme Court this month directed Sebi to investigate certain aspects of the matter. “It will be inappropriate for us to share with the media and the public at large of what we have been instructed by the highest court of the land to go and report to the committee.” This is her first media interaction since short seller Hindenburg Research published a report accusing billionaire Gautam Adani of stock manipulation and fraud. “If you see the Supreme Court order, it instructs us to give precisely this update to the committee,” Madhabi Puri Buch, chairperson of the nation’s capital markets regulator, said in Mumbai Wednesday.

MUMBAI: The Securities and Exchange Board of India confirmed that it will submit its findings on the Adani Group to a court-appointed committee.

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