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.
IGL, MGL shares tumble up to 7% after changes in domestic gas allocations
The shift, driven by reduced domestic gas availability and changing supply dynamics, is likely to impact profitability for these companies, as they will now depend
April 16, 2025