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

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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.

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