SEBI Clears Adani Group in Hindenburg Case; Gautam Adani Demands Apology from U.S. Short-Seller
In a major development that could reshape investor sentiment and restore corporate credibility, the Securities and Exchange Board of India (SEBI) has given the Adani Group a clean chit in its investigation into allegations made by U.S.-based short-seller Hindenburg Research. The probe, which spanned over 18 months, examined claims of stock manipulation, opaque offshore entities,…