- India's market regulator, the Securities and Exchange Board of India, fails to identify possible wrongdoing by Adani companies.
- Supreme Court-appointed committee suggests investigating possible stock price manipulation and violations of related party transaction rules.
- Sebi's investigation into 13 offshore entities holding Adani Group stocks faces a 'humungous task'.
- Goldman Sachs and JPMorgan Chase decline to provide advice on cross-border transactions due to conflicts of interest.
- International regulators and law enforcement agencies have been enlisted to assist Sebi's investigation.
Indian market regulator has ‘hit a wall’ in Adani probe
Interim report from committee convened by Supreme Court says regulator faces a ‘humungous task’
Chloe Cornish
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