x

Adani vs Hindenburg: Govt says won't undermine SEBI's competence, but doesn't object to expert panel

Shortpedia

Content Team
Image Credit: wikipedia

The Adani vs Hindenburg fiasco, which has led to a rout in its group stocks and caused volatility in Indian markets, has entered the country's apex court. The SC has started hearing the case, after asking for a response from the solicitor general on an expert panel to investigate the Hindenburg report. It has also directed market regulator SEBI and the Union Home Ministry to register an FIR against Hindenburg Research and its founder.