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” in a statement. Avril Hong explains the latest on Bloomberg Television.
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