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India Business News: NEW DELHI: Market regulator Sebi on Friday filed final status report in the Supreme Court on 24 investigations it had carried out pursuant to short-se.
Gautam Adani published a 413-page rebuttal after allegations of fraud by short seller Hindenburg Research erased $51 billion of his flagship firm’s market value. Some 65 of the 88 questions posed by Hindenburg are based off Adani’s public disclosures and the conduct of the American short seller “is nothing short of a calculated securities fraud under applicable law,” Adani