The Latest Breaking News from SEBI

The Securities and Exchange Board of India’s petition in connection with the Adani group probe does not inspire confidence as far as the investor is concerned

The Hindu’s Morning Digest brings readers a select list of stories to start the day

Congress leader Jairam Ramesh on Monday took a swipe at the Centre over its reply in the Supreme Court regarding appointing a committee in connection with the Hindenburg's report on Adani Group, and questioned the government on why it was not agreeing to a joint parliamentary committee (JPC).

India's market regulator is examining a recent crash in shares of Adani Group and looking into any possible irregularities in a share sale by its flagship company, a source with direct knowledge of the matter told Reuters on Wednesday.

By now, you might have heard about the tanking shares of the Adani firms. And how Gautam Adani, who was recently the second richest man in the world, has now dropped to the 15th position in the Forbes’ list of the world’s wealthiest. All over a week. 

The Securities and Exchange Board of India (Sebi) has extended the suspension of trading in derivative contracts for seven commodities, namely paddy (non-basmati), wheat, chana, mustard seeds and its derivatives, soyabean and its derivatives, crude palm oil and moong, for one year. Read on for details:

The Adani group’s open offer for additional 26 percent shares of New Delhi Television Limited, or NDTV, that began tendering after over a month’s delay on November 22, 2022, finally came to a close yesterday. Managing to get 31.7 percent of the bid quantity, the group acquired 8.26 percent of…

NDTV’s committee of independent directors has published its recommendations on Adani’s open offer, calling it “fair and reasonable”.

The Securities and Exchange Board of India has filed civil appeals before the Supreme Court against NDTV, its founder-promoters Prannoy Roy and Radhika Roy, and promoter-group vehicle RRPR.