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SC dismisses PIL seeking probe against Vedanta Group firms
Business Standard
|October 11, 2025
The Supreme Court on Friday declined to entertain a public interest litigation (PIL) seeking a court-monitored probe into allegations levelled by US-based short-seller Viceroy Research against Vedanta Group firms, questioning why foreign entities should be allowed to sway Indian markets.
Vedanta Group firms include Hindustan Zinc and Vedanta Resources.
“Why are companies outside India so concerned about how we conduct our affairs and under what law?” the Bench of Justices PS Narasimha and AS Chandurkar said during the hearing.
This story is from the October 11, 2025 edition of Business Standard.
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