Adani's shares jump after Indian regulator dismissed some Hindenburg claims | Fortune Asia
Sebi found no evidence that Adani used related-party transactions to route funds, lifting Adani group stocks and validating compliance with local disclosure rules.
Indian regulators dismiss stock manipulation allegations on Adani Group
SEBI dismissed Hindenburg's stock-manipulation allegations against the Adani Group, while separate US bribery and fraud accusations against Gautam Adani remain unresolved.