Solicitor General Tushar Mehta informed the SC that SEBI is seeking an extension of time for conducting the probe and needs six months to reach any conclusion.
The Securities and Exchange Board of India apprised the Supreme Court on Monday that the market regulator is already investigating Adani Group companies since 2016 is factually baseless.
The Supreme Court on Friday listed to hear on May 15 (Monday) the Securities and Exchange Board of India's (SEBI) plea seeking to extend the time to conclude the investigation in the report by US short-seller Hindenburg Research by a period of six months.
"At the outset, I wish to inform the House that the allegations of the presence of Shell companies in Mauritius are false and baseless. According to law, Shell Companies are not allowed in Mauritius or global business companies licensed by the Financial services providers have to meet sub
Adani Power (APL), a part of the diversified Adani Group, is a major private thermal power producer in India. The company has an installed thermal power capacity of 14,410 MW spread across eight power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, and Jha
Better-than-anticipated financial results from Indian firms in the March quarter also contributed to the positive market sentiment. All sectoral indices on the NSE, except for the Nifty FMCG index, closed higher
The investments will be on top of the Rs 20,000 crore already invested in the state, which created more than 18,000 direct and 54,000 indirect jobs, according to a statement from the Group.