October 2, 2026
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Absence of information hit Sebi’s Adani probe

by October 6, 2023 0

The Securities and Exchange Board of India (Sebi) investigated alleged irregularities in the Adani group for eight years, but was unable to make progress due to lack of information. Sebi approached the Dubai branch of Bank of Baroda (BoB) for data, but the bank cited regulatory restrictions in the UAE. Despite follow-up actions, the...

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