BusinessNews

New Supreme Court Petition Demands Closure of SEBI Adani Probe Amid Hindenburg Allegations

An application has been filed in the Supreme Court urging the completion of the Securities and Exchange Board of India’s (SEBI) investigation into the Adani Group. This comes as SEBI approaches the end of its 24th and final case concerning the Adani-Hindenburg saga. The petition, submitted by advocate Vishal Tiwari on August 13, 2024, highlights recent allegations by Hindenburg Research against…
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Business

Coforge Faces $11 Million Indemnity Claim Over Alleged Data Breach

In a recent exchange filing, IT firm Coforge revealed that it has received a second supplementary notice from a North American client, demanding indemnification for an amount potentially exceeding $11 million. The notice pertains to claims related to an alleged data breach involving the company. Details of the Claim According to the filing, the client has sought indemnity for two main components.
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