India’s Adani Group shares lose $2.4 billion after new Hindenburg report against SEBI chair
Shares of India’s Adani Group took a significant hit on Monday, losing $2.4 billion in market value following fresh allegations from US-based short-seller Hindenburg Research. The report accuses Madhabi Puri Buch, the chair of the Securities and Exchange Board of India (SEBI), of conflicts of interest that have allegedly obstructed a thorough investigation into previous