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By Ritika Jain Supreme Court on Wednesday said no valid grounds were raised that necessitated the transfer of the SEBI probe to an SIT in the Hindenburg Research allegations of stock price manipulation by the Adani group of companies. There were no grounds to doubt the market regulator’s probe, the court said. The bench, led by Chief Justice of India DY Chandrachud, said there was no regulatory failure on SEBI’s part and the market regulator cannot be expected to carry on with its work based on press reports. The top court clarified, “Investigative reports by press can act as inputs for SEBI b…

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