Adani-Hindenburg case verdict explained: 5 reasons why it’s a happy new year for Team Adani

The much-awaited verdict of the Supreme Court in the Adani vs Hindenburg case, which had snowballed into a major political controversy and wiped off billions of dollars of investor wealth, has positive read-throughs for Gautam Adani as well as those betting on the business acumen of the college dropout.

“By and large, a clean chit has been given to the Adani Group. The court has also restored Sebi’s credibility and the ball is now in the regulator’s court,” Advocate Sumit Agrawal of Regstreet Law Advisors told ETMarkets.