SEBI confirmed the existence of the investigation for the first time in its Supreme Court filing.
"SEBI is strongly and adequately empowered to put in place regulatory frameworks for effecting stable operations and development of the securities markets," it added.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Moody's cuts outlook for four Adani group companies, cites rapid declines in market valueMoody's lowered its outlook for four Adani Group companies, citing a 'significant and rapid decline' in the market values of the entities. Fuck moodys just another bunch of WS criminals
Source: CNBC - 🏆 12. / 72 Read more »
India's Adani tries to calm investors as market rout continuesIndia's Adani Group sought to reassure investors on Monday as a rout in its shares continued, saying its business plans were fully-funded, its cashflows strong and it remained confident of delivering attractive returns to shareholders. The corruption runs deep. Local analysts are fearful of talking down the creditworthiness of India’s largest companies. It’s akin to late 1990s South Korea, when dollar-denominated debt tanked the economy.
Source: Reuters - 🏆 2. / 97 Read more »