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

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INDIA ニュース

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...

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‘War has come to us’: Russia forced to evacuate tens of thousands from border region amid struggle to contain Ukrainian blitzThe fraud claims wiped more than US$150 billion off Adani Group’s market value and prompted India’s top court to ask the Securities and Exchange Board of India to probe the allegations.

Hindenburg claimed that Adani's elder brother Vinod"manages a vast labyrinth of offshore shell entities" in tax havens including Mauritius, Cyprus and several Caribbean islands.The fraud claims wiped more than US$150 billion off the group's market value and prompted India's top court to ask the Securities and Exchange Board of India to probe the allegations.

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