Adani-Hindenburg probe: SC grants SEBI a 3-month extension

The apex court had on March 2 asked the Securities and Exchange Board of India (SEBI)to probe within two months these allegations and had also set up a panel to look at providing protection to Indian investors after a damning report by US short-seller Hindenburg wiped out more than $140 billion of the Indian conglomerate’s market value.

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