
Adani SEBI Clearance Brings Relief Amid Hindenburg Allegations
Adani SEBI clearance has given the Adani Group a partial victory, with India’s market regulator clearing the conglomerate of key allegations made by US short-seller Hindenburg Research. India’s Securities and Exchange Board (SEBI) announced Thursday that there was no evidence of the Adani Group using related-party transactions to funnel funds into its listed companies. The…