Hindenburg alleges India market regulator chief held stake in offshore funds used by Adani Group

MUMBAI: A new report by US-based short-seller Hindenburg Research on Saturday alleged that the chairman of India's markets regulator Madhavi Puri Buch had previously invested in some offshore funds that were also used by the Adani Group. In a press release late last night, Buch denied the allegations and called them baseless, adding that a detailed statement would be issued later.

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