{"id":626207,"date":"2024-01-04T09:32:06","date_gmt":"2024-01-04T04:02:06","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=626207"},"modified":"2024-01-04T10:20:57","modified_gmt":"2024-01-04T04:50:57","slug":"adani-case-sc-refuses-plea-for-sit-asks-sebi-to-finish-probe-in-3-months","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-case-sc-refuses-plea-for-sit-asks-sebi-to-finish-probe-in-3-months\/","title":{"rendered":"Adani case: SC refuses plea for SIT; asks Sebi to finish probe in 3 months"},"content":{"rendered":"<p>The Supreme Court on Wednesday said there was \u201cno ground\u201d to transfer the Securities and Exchange Board of India\u2019s (Sebi\u2019s) investigation into allegations against the Adani group by US-based short-seller Hindenburg Research either to a special investigation team (SIT) or the Central Bureau of Investigation (CBI). It further directed the markets regulator to conclude its remaining two investigations in the matter within three months. <\/p>\n<p>The court also asked Sebi and the central government to investigate whether \u201cthe loss suffered by Indian investors due to the conduct of Hindenburg Research and any other entities in taking short position involved any infraction of law\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Supreme Court on Wednesday said there was \u201cno ground\u201d to transfer the Securities and Exchange Board of India\u2019s (Sebi\u2019s) investigation into allegations against the Adani group by US-based short-seller Hindenburg Research either to a special investigation team (SIT) or the Central Bureau of Investigation (CBI). It further directed the markets regulator to conclude its remaining two investigations in the matter within three months. The court also asked Sebi and the central government to investigate whether \u201cthe loss suffered by Indian investors due to the conduct of Hindenburg Research and any other entities in taking short position involved any infraction [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-626207","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/626207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=626207"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/626207\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=626207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=626207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=626207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}