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

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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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