Indian industrialist Gautam Adani was on Thursday accused of bribery and fraud to obtain a solar energy contract in the US. The case was registered in the Federal Court of New York. An arrest warrant has also been issued against Gautam Adani and his nephew Sagar Adani. The Securities Exchange Board of India i.e. SEBI can now investigate the Adani Group for giving false information and misleading investors. Market regulator SEBI will investigate whether the Adani Group has violated the mandatory rules for disclosure of information about market activities.
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