Adani-Hindenburg case: SC to pronounce verdict over pleas seeking probe on January 3 | Oneindia News
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Adani-Hindenburg case: SC to pronounce verdict over pleas seeking probe on January 3 | Oneindia News
The Supreme Court is set to deliver its verdict on a series of petitions requesting a court-monitored investigation into the accusations made by US-based short-selling firm Hindenburg Research against the Adani Group on Wednesday.
The court had reserved its judgement in November of the previous year.
The case revolves around the allegations brought forth by Hindenburg Research concerning the financial practices and trading activities of the Adani Group, leading to the involvement of the Securities and Exchange Board of India (SEBI)
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Trump’s Shutdown Bill FAILS spectacularly in the House, exposing deep fractures within the GOP and setting the stage for a looming government shutdown just days before Christmas. Elon Musk is mocked as "President Musk" after his controversial involvement, while millions of federal workers face unpaid holidays, and travelers brace for airport chaos. Is this a preview of the chaos to come with Trump’s return to the White House?
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Indian opposition leader Rahul Gandhi has called for the immediate arrest of billionaire Gautam Adani following his indictment by U.S. prosecutors on charges of bribery and fraud. Gandhi asserts that these developments validate his longstanding allegations against Adani. The U.S. indictment accuses Adani and seven others, including his nephew Sagar Adani, of paying $265 million in bribes to Indian officials to secure contracts for a major solar power project. The charges also include securities fraud and wire fraud conspiracy.
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