Business Today

IN SEBI’S COURT

A LITTLE UNDER one year. That’s the time it took for the Adani-Hindenburg matter to reach its conclusion in the Supreme Court—from January 24, 2023, the day the US-based short-seller Hindenburg Research released a report accusing the Indian conglomerate of stock manipulation and financial fraud.

On January 3, 2024, a three-judge bench of the Supreme Court, headed by Chief Justice of India D.Y. Chandrachud, dismissed requests for creating a special investigation team (SIT) or

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