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In a dramatic turn of events, the Adani Group, India’s industrial titan, recently secured a crucial legal victory. The Supreme Court of India ruled that the ongoing scrutiny by the market regulator, SEBI, into allegations raised by short-seller Hindenburg Research does not need to be supplemented by further independent investigations. This decision provides significant relief to the conglomerate, which has been battered by market turmoil and reputational damage since the Hindenburg report surfaced in January 2023.
https://aliensbloggers.com/adani-emerges-victorious-in-court-battle-but-the-fight-isn/
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