Adani Disclosures Under Scanner: Conflict of Interest or Standard Practice?
The Adani Group is once again under the scanner. This time, for not disclosing alleged Related Party Transactions with a legal firm where Gautam Adani's daughter-in-law is a partner. This raises several questions, not just about the functioning of the Adani Group but also about the role of institutions like the Securities and Exchange Board of India in setting regulatory requirements for the stock market. Does SEBI need to focus more on protecting investors rather than big players? Prabir Purkayastha and Paranjoy Guha Thakurta discuss.
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