Yesterday, the Centre told the Supreme Court that short-selling firms in the US research "companies that they believe have governance and/or financial issues" and publish reports that can start a plethora of shares and bonds sales. It added that the market regulator Securities and Exchange Board of India or SEBI is looking into the allegations made in the Hindenburg report on Gautam Adani's firms as well as the market activity before and after the report, to identify violations of its regulations.
#AdaniRow #SupremeCourt #SEBI
