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Hindenburg Allegations Against Adani Group – The six-member expert panel set up by the Supreme Court said it would not be possible to conclude that there was a regulatory failure on Securities and Exchange Board of India’s part in its handling of certain allegations of violations against Adani Group companies.
India on Friday proposed to exclude a host of foreign investors including sovereign wealth funds and pensions funds from the purview of the so-called “angel tax”, offering the much-needed relief to the startup sector staring at a funding winter.
The Reserve Bank of India (RBI) Friday said the highest value but ageing ₹2,000 denomination banknotes can’t be used for transactions after September 30 as it is withdrawing them due to their dwindling use in everyday transactions.
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