India's Regulator 'Strongly' Denies Hindenburg's Accusation of Adani Conflict of Interest
The chief of the Securities and Exchange Board of India has hit back at allegations of having conflicts of interest with the Adani Group. Hindenburg Research made the accusations in a report published over the weekend. The US short seller said previous investments by Madhabi Puri Buch and her husband prevented a thorough examination of manipulation and fraud claims. The couple said they "strongly deny the baseless allegations and insinuations.” Avril Hong explains the latest on Bloomberg Television.
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