SEBI Rejects Hindenburg Allegations, Clears Adani Group Companies of Wrongdoing
The Securities and Exchange Board of India (SEBI), which oversees the Indian market, has rejected claims made by US short seller Hindenburg Research against Gautam Adani, the chairman of the Adani Group, and the group's businesses, Adani Enterprises, Adani Ports, and Adani Power. The organisation was accused by
