Sebi clears Adani of Hindenburg allegations; he says those behind ‘fraudulent’ report owe an apology
New Delhi: In a big boost to tycoon Gautam Adani, markets regulator Sebi on Thursday cleared the billionaire and his group of stock manipulation allegations made by US short-seller Hindenburg Research, saying fund transfer between group companies did not fall foul of any regulation. The Securities and Exchange Board of India (Sebi) in two separate…
