NEW DELHI: Government is unlikely to immediately step into the controversy created by the Hindenburg report as senior officials believe that the charges against Sebi chief Madhabi Puri Buch and her husband Dhaval, are “untrue and malicious” and are in response to the regulator‘s notice to the short seller. They alleged that Hindenburg may also…
NEW DELHI: After infusing money during the last two months, foreign investors have turned net sellers as they pulled out over Rs 13,400 crore from Indian equities in August so far due to unwinding of the yen carry trade and recession fears in the US.So far this year, FPIs have made a net investment of…
NEW DELHI: At least two industry bodies – Amfi and The Indian Venture and Alternate Capital Association – on Sunday publicly came out in support of Sebi chairperson Madhabi Puri Buch and the markets regulator and called Hindenburg‘s allegations “unwarranted” and “lacking in context”.“We believe that the recent allegations made by Hindenburg are unwarranted and…
MUMBAI: In 2022, when Madhabi Puri Buch took charge as Sebi chairperson, she broke several barriers – primary of them being the first woman and the first former private sector professional to head the markets’ regulatory body. After a four-and-half-year stint as a whole-time member at Sebi, she had taken a few months off due…
MUMBAI: Dalal Street on Monday is unlikely to react negatively to Hindenburg Research‘s latest report that alleged instances of conflicts of interest by Sebi chairperson Madhabi Puri Buch. Traders, dealers and fund managers that TOI spoke to and also who commented on social media messaging groups that are private, were more annoyed with the US…
NEW DELHI: Maldives is very much at the heart of India’s ‘Neighbourhood First’ policy and a key partner in Indian Ocean Region (IOR), foreign minister S Jaishankar said as he joined his counterpart Moosa Zameer in Addu city in inaugurating the Addu reclamation and shore protection project and Addu detour link bridge project facilitated by…
NEW DELHI: Samajwadi Party’s Dalit functionaries have dubbed the proposal of sub-categorisation of Scheduled Castes a ploy to “divide and rule”, arguing that the party stands strongly for the unity of the community as prescribed by Ambedkar.Veteran MPs RK Chaudhary and Awadhesh Prasad told TOI that division of SCs into sub-groups will sound the death…
PUNE: Extreme rainfall events in India may see a significant rise by the end of this century with the Western Ghats and central India likely to be most affected, reports Neha Madaan.An Indian Institute of Tropical Meteorology (IITM) study published recently in ‘Nature’ attributed the likely rise to high carbon dioxide emissions in the atmosphere….
KOLHAPUR: NCP-SCP chief Sharad Pawar faced the ire of Maratha activists who halted his convoy in Kurduvadi in Maharashtra’s Solapur district and later an activist tried self-immolation during his rally in Barshi on Sunday.The activists demanded Pawar to clear his stance on Maratha reservation. They let him go after he expressed support for their cause.However,…
MUNIRABAD (KOPPAL): Lakhs of people in Karnataka and Andhra Pradesh braced for potential flooding after the 19th crest gate of the 71-year-old dam across the Tungabhadra river failed Sunday afternoon. The dam, about 350km from Bengaluru, saw water gushing out after the gate gave way, putting downstream districts in north Karnataka and Andhra Pradesh’s Kurnool…
