India's Supreme Court Urges Swift Conclusion to Investigation into Billionaire Gautam Adani

India's highest court has instructed the country's market regulator to complete its investigation into the Adani Group within three months and has stated that no additional probes are necessary, according to a company spokesperson who spoke with CNN.

This decision, which has been made nearly a year after US short-seller Hindenburg Research accused the Indian conglomerate of engaging in "brazen stock manipulation and accounting fraud scheme," is a significant relief for Gautam Adani, who is considered one of the wealthiest businessmen in Asia.

The billionaire tycoon responded to the decision by expressing, "Truth has prevailed," on X, previously known as Twitter. He also expressed gratitude to those who supported him, and stated that his commitment to India's progress will persist. This is an ongoing story and will be revised as needed.