Order passed on market regulator’s application seeking six months' extension to complete its investigation into possible lapses in regulatory disclosures by Adani Group.
The apex court granted the market regulator additional time till 14 August to complete its probe into possible lapses in regulatory disclosures by the Adani group.
This was in response to tweet by Congress's Jairam Ramesh who said ministry & SEBI's statements were 'misleading Parliament'. SEBI has said it hasn't probed any Adani company since 2016.
SEBI has sought 6 months' extension to probe allegations against Adani by Hindenburg Research, saying it wants to avoid any 'incorrect, premature or legally untenable conclusion'.
SEBI, on 29 April 29, had sought 6 months to complete its probe, rather than 2 months. However, the Supreme Court said on Friday it was inclined to give a three-month extension.
By Jayshree P Upadhyay MUMBAI (Reuters) - India's market regulator is investigating possible violation of 'related party' transaction rules in the Adani Group's dealings with at least three offshore
SEBI had ordered NSE to deposit nearly Rs 11 bn, including interest, in investor fund and barred it from raising money from securities market directly or indirectly for 6 months.
SEBI has said a nexus operated to pump up share prices of two broadcast companies via ‘misleading’ YouTube videos. Shares were then offloaded for profits at expense of investors.
The Italian term sprezzatura—a studied nonchalance that conceals intention—best captures the spirit of Trump’s foreign policy so far. The pattern is unpredictability, transactionalism, and disruption as diplomacy.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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