Capital markets regulator, Securities and Exchange Board of India (SEBI)may ask the country’s top court to give it more time to finish its investigation into short-seller Hindenburg Research’s allegations against billionaire Gautam Adani’s enitty, as per Business Standard reported, citing people it did not name. The Sebi was to file a status report to the Supreme Court May 2, the report read. New York-based Hindenburg in January accused the Indian company Adani Group of using a web of companies in tax havens to inflate revenue and stock prices, even as debt piled up. The group has repeatedly denied allegations. The supreme court earlier set up a 6-member expert committee “to investigate if there was a regulatory failure in dealing with the alleged contravention of laws pertaining to the securities market in relation to the Adani Group or other companies” and submit a report in a sealed cover in two months. The Apex asked the Sebi Chairperson to ensure requisite information is provided to the committee. Adani to raise upto USD 1.5 bn for financing green energy projects Adani Group begins USD 130 million debt buyback Adani Ports launches debt securities buyback programme for USD 130 million.