 
                  
Here’s why the Gautam Adani Probe still continues amid multiple SC hearings
Hindenburg report was released with a sensational title that read, “Adani Group : How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History."
Stay updated with the latest news and articles about Adani Group.
 
                  
Hindenburg report was released with a sensational title that read, “Adani Group : How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History."
 
                  
SEBI has stated in the application that “as is the case in most investigations, every layer of information received often leads to further layers of information that are required, sought, obtained and analysed and this process is particularly time consuming where there is a complex web of transactions”.
 
                  
To get more time to finish its investigation into the accusations made by Hindenburg Research against the Adani group, SEBI is expected to submit an extension request to the Supreme Court. The Supreme Court must receive the status report by May 2 to be considered.
 
                  
Due to worry about investors over the group's liquidity position following the Hindenburg Research report, this buyback assumes significance.
 
                  
The Lower House of the Parliament, the Lok Sabha was adjourned today for the day after the Opposition created ruckus over the Adani issue.
 
                  
The Adani Group was accused of stock manipulation by the US-based Hindenburg Research Group in January 2023 in their annual report and since then the conglomerate observed a complete drop in its share prices.
 
                  
 
                  
According sources, India's Adani Group informed its creditors that it has obtained a $3 billion loan from a sovereign wealth fund.
 
                  
 
                  
 
                  
 
                  
 
                  
The hiring is Adani Group's first significant move to defend itself following Hindenburg's January 24 report accusing it of unlawful use of offshore tax havens and stock manipulation.
 
                  
 
                  
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