Supreme Court: No need to further probe Hindenburg-Adani charges
The year-long controversy over Adani group stocks, triggered by short-seller Hindenburg Research’s allegation of stock manipulations, ended with a whimper on Wednesday as the Supreme Court rejected pleas for an SIT or CBI probe, approved market regulator Sebi’s investigation and ordered central agencies to probe Hindenburg’s role in causing loss to Indian investors. A bench of Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra, in a 46-page judgment, disposed of all the PILs on finding that there was no merit in the allegations relating to regulatory failure of Sebi
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