SC to deliver verdict on Adani-Hindenburg row over market manipulation allegations today

The Supreme Court is poised to announce its verdict on Wednesday regarding the Adani-Hindenburg dispute, addressing allegations of stock price manipulation against the Indian corporate giant, Adani Group. The bench, led by Chief Justice D Y Chandrachud and justices J B Pardiwala and Manoj Misra, will deliver the judgment at 10:30 AM on four petitions filed by lawyers Vishal Tiwari, M L Sharma, Congress leader Jaya Thakur, and Anamika Jaiswal. These petitions assert that the Adani Group, closely associated with the Modi government, artificially inflated its share prices, leading to a significant decline after the release of a report by short-seller Hindenburg Research.

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