Former Sebi chairperson Madhabi Puri Buch (Pic credit: PTI) MUMBAI: A special court here has directed the Anti-Corruption Bureau (ACB) to register an FIR against former Sebi chairperson Madhabi Puri Buch and five other officials in connection with alleged stock market fraud and regulatory violations. “There is prima facie evidence of regulatory lapses and collusion,…
NEW DELHI: Hindenburg founder Nathan Anderson said on Tuesday that the firm’s decision to investigate Adani Group came after “red flags” were raised by certain media groups and added that he stood by all the reports and findings.“We initially saw media articles outlining red flags, took a closer look, and just kept following the evidence,”…
NEW DELHI: The Congress party on Wednesday launched a scathing attack on the Bharatiya Janata Party (BJP), alleging that the alliance between the ruling party and the Adani Group was evident and the “closure of Hindenburg Research does not mean that Modani has got a clean chit,” calling it an attempt to shield the conglomerate…
NEW DELHI: Rajya Sabha chairperson Jagdeep Dhankhar on Friday reprimanded the opposition for continuous sloganeering and demands to suspend business for discussing Adani group allegations, along with situations in Sambhal and Manipur.Dhankhar slammed the opposition MPs and accused them of “weaponising” the rule of suspension of business to disrupt the normal working of the house.“Honorable…
NEW DELHI: The US Securities and Exchange Commission (SEC) will need to use formal diplomatic protocols to serve summons on Adani Group Founder Gautam Adani and his nephew, Sagar Adani, in a case involving alleged payoffs of $265 million (Rs 2,200 crore) to secure solar energy contracts. The SEC lacks jurisdiction to directly summon foreign…
NEW DELHI: Bharatiya Janata Party on Thursday countered Congress leader Rahul Gandhi‘s attack on Prime Minister Narendra Modi after US prosecutors charged industrialist Gautam Adani with bribery and fraud. In the counter-attack, the Bharatiya Janata Party (BJP) also name-dropped George Soros to target the Congress leader.BJP IT cell head Amit Malviya slammed Gandhi for speaking…
NEW DELHI: A new ‘power’ drama unfolded on Thursday amid a war of words between the Congress and the Bharatiya Janata Party (BJP) as Rahul Gandhi faced power outrage during his press conference on Gautam Adani’s indictment in the United States.As leader of opposition in Lok Sabha Rahul Gandhi blamed ‘Adani power, Modi power’ for…
