Adani Group Cleared by SEBI; Avenue Supermart Invests in Eternal

India's Adani Group has been exonerated by SEBI following allegations of stock manipulation by Hindenburg Research. The regulator found no evidence of wrongdoing, clearing the conglomerate of insider trading and market manipulation claims. This development is likely to bolster investor confidence in Adani Group stocks.

In a separate move, Radhakrishna Damani's family, founders of Avenue Supermart (DMart), acquired a 0.5% stake in Eternal, the parent company of Blinkit and Zomato. This strategic investment signals growing interest in India's food delivery and quick-commerce sectors.

UGRO Capital received RBI approval for its acquisition of Profectus Capital, expected to close by October 2025. Meanwhile, Markolines Pavement Technologies secured a ₹3.51 crore order from NCC Ltd for earth piling works in Mumbai.