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What is Supreme Court Ruling on Adani Group Allegations about?

The Supreme Court of India heard petitions related to losses suffered by investors from the steep decline in share prices of Adani Group companies. The decline followed a report by Hindenburg Research alleging manipulation of share prices and other violations by Adani Group. The Court noted that the market regulator SEBI is already investigating allegations in the report as well as related market activity. The Court directed SEBI to also investigate potential violations of rules regarding minimum public s

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Newsinc 24

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EN