Seven Gautam Adani Companies Receive SEBI Notices!
Seven companies under the Adani conglomerate, including its flagship, Adani Enterprises, have been served notices of regulatory violations by the market regulator, the Securities and Exchange Board of India (SEBI.) What Happened: The notices were dispatched in response to allegations of improper use of tax havens and stock manipulation by Hindenburg Research in January 2023, Reuters reported.
04 May 2024 | 12:17 PM