India market regulator rejects US bias claim in Adani offshore investments probe

  • 📰 malaymail
  • ⏱ Reading Time:
  • 23 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 86%

INDIA News

Adani Group,Hindenburg Research,Short Selling

MUMBAI Aug 11 — India's market regulator chief rejected Sunday allegations by US short-seller Hindenburg Research that claimed past offshore investments may have prevented...

‘Only Johoreans feel this’: Video of evening rush hour at Woodlands checkpoint heading back to JB shows reality of daily commute

Last year, Adani Group, the sprawling ports-to-power Indian conglomerate, saw billions of dollars wiped from its market value after a bombshell report by the Hindenburg forensic financial research firm accused it of"brazen" corporate fraud. On Saturday, citing whistleblower documents, Hindenburg accused SEBI chairperson Madhabi Puri Buch and her husband of having held investments in offshore funds that Vinod Adani also allegedly used.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 1. in BUSİNESS

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.

Tesla rep to meet with MITI Aug 22, to discuss investment plansKUALA LUMPUR: A representative from Tesla’s headquarters in the United States will be meeting with the Ministry of Investment, Trade and Industry (MIT...
Source: theSundaily - 🏆 25. / 51 Read more »