No need for SIT probe Adani-Hindenburg into row: Supreme Court
The Daily Guardian|January 04, 2024
The Supreme Court's decision on Wednesday has given a big relief to the Adani Group. The Supreme Court in its judgment said that the Hindenburg case cannot serve as a basis to challenge the investigation by capital markets regulator SEBI.

A bench headed by Chief Justice of India DY Chandrachud and comprising Justices JB Pardiwala and Manoj Mishra said no valid reasons exist for transferring the investigation to the Special Investigation Team (SIT).

SEBI had investigated 22 out of 24 cases related to allegations made by US-based short seller Hindenburg Research. The court gave SEBI an additional three months to complete its investigation in the remaining two cases.

Further, the Court directed both the Government and SEBI to assess if Hindenburg has flouted market shorting rules and take appropriate action based on their findings.

Chief Justice Chandrachud, while delivering the judgement emphasised that third-party reports lacking verification cannot be considered solid evidence.

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FLERE HISTORIER FRA THE DAILY GUARDIANSe alt
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The Daily Guardian

Two beneficiaries die

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The Daily Guardian

First ever high altitude para centre in world to feature 29 para sports

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AUSSIE MEDIA WELCOMES TEAM INDIA AHEAD OF HIGH-OCTANE BGT CLASH
The Daily Guardian

AUSSIE MEDIA WELCOMES TEAM INDIA AHEAD OF HIGH-OCTANE BGT CLASH

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Treesa-Gayatri make first-round exit from Kumamoto Masters
The Daily Guardian

Treesa-Gayatri make first-round exit from Kumamoto Masters

Indian pair of Treesa Jolly and Gayatri Gopichand was knocked out in the opening round of Kumamoto Masters Japan with a defeat in straight games to their opponents from Chinese Taipei, here on Tuesday.

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1 min  |
November 13, 2024
The Daily Guardian

PCB asks ICC to explain India's refusal to send team to Pak for Champions Trophy

The Pakistan Cricket Board (PCB) said Tuesday it has asked the sport's governing body to explain India's refusal to send a team to Pakistan for the Champions Trophy next year.

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1 min  |
November 13, 2024
Uma Mahesh wins gold medal at FISU World University Championship
The Daily Guardian

Uma Mahesh wins gold medal at FISU World University Championship

Uma Mahesh on Monday bagged a Gold medal at the prestigious FISU World University Championship at Karni Singh Stadium in New Delhi.

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1 min  |
November 13, 2024
Shami to return to competitive cricket, to play for Bengal against MP in Ranji Trophy
The Daily Guardian

Shami to return to competitive cricket, to play for Bengal against MP in Ranji Trophy

Premier India pacer Mohammed Shami will make his much-anticipated return to competitive cricket after a hiatus of nearly a year through Bengal's Ranji Trophy match against Madhya Pradesh in Indore from Wednesday, announced Cricket Association of Bengal.

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1 min  |
November 13, 2024
The Daily Guardian

After ODI success, Pak skipper Rizwan eyes Twenty20 series win in Australia

Pakistan's white-ball captain Mohammad Rizwan is confident of winning the upcoming T20 international series in Australia and is also eyeing a whitewash of the home team.

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November 13, 2024
CHANGING THE TRADITIONAL STYLE OF QUESTION PAPER CREATION: REVOLUTIONIZING EXAMINATIONS THROUGH DIGITAL FORMS
The Daily Guardian

CHANGING THE TRADITIONAL STYLE OF QUESTION PAPER CREATION: REVOLUTIONIZING EXAMINATIONS THROUGH DIGITAL FORMS

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3 mins  |
November 13, 2024