A Supreme Court-appointed panel of experts examining India's regulatory mechanism in an investigation linked to the Hindenburg allegations has given a clean chit to the Adani Group and has said it appears there was no regulatory failure on the part of market regulator SEBI. "Facts have come out. The predatory short seller created a report full of innuendo, makes charges without much evidence," said TV Mohandas Pai, Chairman, Aarin Capital.
(Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group Company.)