SEBI vs. Hindenburg: Show-Cause Notice Sparks Controversy

Regarding its accusations against the Adani Group, Hindenburg Research has received a show-cause notice from the Securities and Exchange Board of India (SEBI). The Indian multinational was previously accused of illegal activities and manipulating share prices by the US-based short seller. In response, Hindenburg described the notification as an effort to frighten and suppress people…

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Adani Group to Enter UPI, Digital Payment, and Credit Card Business

Gautam Adani-led Adani Group is set to venture into the e-commerce and payments sectors, aiming to compete with industry giants Google and Reliance Industries, led by Mukesh Ambani. The conglomerate is planning to establish a digital business, leveraging India’s rapidly growing digital market. Adani Group is considering applying for a license to operate on India’s…

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