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…

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India’s first large pvt gold mine in Andhra Pradesh to soon begin full-scale production: DGML MD

New Delhi: India’s first large private gold mine in Andhra Pradesh is likely to start its full-scale production very soon, a top official of Deccan Gold Mines Ltd said on Thursday. The development assumes significance as India currently imports around 1,000 tonnes of gold every year. The country is the largest importer of gold after…

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