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The Congress Party in a statement has pointed out that the recent decision by the market regulator, Securities and Exchange Board of India (SEBI) to reintroduce strict report requirements for foreign institutional investors (https://www.moneylife.in/article/investments-by-foreign-entities-with-common-owner-to-be-seen-as-single-fpi-entry-sebi/53697.html) represents a public admission of guilt by the regulatory body.

Nagalandpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nagalandpost.com Daily Mail and Mail on Sunday newspapers.

Sebi suggested that failure to provide such additional granular disclosures wherever required will render the FPI registration invalid.

Indian market regulator Sebi Wednesday proposed to seek more disclosures from high-risk Foreign Portfolio Investors (FPIs) with large holdings in a single company or a group firm following criticism about lack of oversight over inflows in conglomerates like Adani Group

The Supreme Court panel of domain experts has said there was no price manipulation on the part of the Adani Group and the conglomerate had taken necessary steps to comfort retail investors.