Tag Archives: allegations

accident, crime, death, traffic, transportation

Woman Cyclists Dies After Dragged 250 Meters, Myanmar Man Arrested

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OSAKA, Oct 12 – A tragic accident occurred in Osaka’s Fukushima Ward, where a woman riding a bicycle was killed after being dragged approximately 250 meters by a truck following a collision at an intersection.

The incident took place around 9:40 a.m. on October 11, when emergency services received a call reporting that a woman was being dragged by a truck in the Noda area.

According to police reports, the 25-year-old victim was pulled along the road with her bicycle by a 10-ton truck. She was later pronounced dead at the hospital.

The driver, a 57-year-old Myanmar national, was arrested at the scene on suspicion of negligent driving causing injury. He has admitted to the allegations.

Authorities have stated that they plan to upgrade the charge to negligent driving causing death as the investigation continues.
https://newsonjapan.com/article/147249.php

business, finance, investigations, regulation

Adani Group demands accountability from Hindenburg after $150B losses

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**Adani Group Demands Accountability from Hindenburg Following $150 Billion Losses**

*By Akash Pandey | Sep 21, 2025, 05:26 PM*

The Adani Group is calling for accountability from Hindenburg Research after the US-based firm’s allegations led to a staggering loss of nearly $150 billion in shareholder value.

### SEBI Clears Adani Group of Violations

The Securities and Exchange Board of India (SEBI) recently concluded its investigation and cleared the conglomerate of any related-party violations under existing laws. A source close to the group questioned who would be held responsible for the massive losses suffered by millions of investors following Hindenburg’s report.

### Market Response: Stocks Rally After SEBI’s Clean Chit

Following SEBI’s ruling, the stocks of nine companies under the Adani Group witnessed gains ranging from 0.3% to 12.4%. Adani Power emerged as the biggest gainer, climbing 12.4% in stock price.

Despite this positive momentum, the combined market capitalization of these companies remains below ₹14 lakh crore, which is significantly lower than the pre-allegation peak of over ₹19 lakh crore.

### Regulatory Scrutiny Finds No Evidence of Wrongdoing

SEBI had launched a thorough investigation in 2023 in response to the Hindenburg allegations. The regulator found no evidence of fraud, market manipulation, or diversion of funds.

Additionally, a six-member committee appointed by the Supreme Court to examine the claims also cleared the Adani Group of any wrongdoing.

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The developments mark a crucial chapter in the ongoing saga between the Adani Group and Hindenburg Research, highlighting the impact of financial allegations on market valuations and investor sentiment.
https://www.newsbytesapp.com/news/business/adani-seeks-accountability-as-sebi-dismisses-hindenburg-allegations/story