Hindenburg admits revenue from Adani shorts, may barely break even. Responds to Sebi’s show cause notice, highlights fraud risks, and calls out regulators for neglecting investor protection.
Sebi relaxes re-KYC process for NRIs; removes physical presence clause
Markets regulator Sebi on Wednesday eased the re-KYC process for Non-Resident Indians (NRIs) by removing the requirement for them to be physically present in India