ED flags suspicious activities by 16 entities, including one private Indian bank, in Adani case
Adani case: The Enforcement Directorate has informed markets regulator SEBI about suspicious activities by 16 entities, including one Indian private bank and 15 other entities, including FPIs in the case relating to short-selling in shares of Adani group companies. A January report by Hindenburg alleged corporate governance issues in Gautam Adani's companies following which shares took a dive before eventually recovering.
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