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Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
In essence, the committee seems to have taken shelter behind noise around legislative and regulatory changes, and the pending SEBI investigation, to conclude little.
An expert panel formed by the Supreme Court to probe regulatory failures with regards to related-party transactions and alleged manipulation of Adani group stocks has come out with a report that avoids giving any tangible conclusions.
The committee, set up in the wake of a short-seller report by US-based Hindenburg Research against Adani in January, said it won’t be able to conclude at this stage if the Securities and Exchange Board of India failed in dealing with the alleged contravention of security market laws.
The panel was set up on 2 March—and met various market participants and SEBI officials—to look …
