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India’s Supreme Court ordered the market regulator to conclude its investigation into the Adani Group inside three months and mentioned no extra probes had been wanted, probably drawing a line below the year-long saga triggered by a short-seller assault on the Indian conglomerate.
The three-judge bench on Wednesday requested Securities and Exchange Board of India, or SEBI, to expedite its pending investigations and urged the federal authorities to implement an professional panel’s suggestions to bolster the regulatory framework.
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