January 30, 2025
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Tag: Adani Group

Hindenburg report: Congress demands JPC probe into Sebi’s role, BJP calls it conspiracy | India News – Times of India

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NEW DELHI: The political clash between Congress and the BJP intensified on Sunday after US-based short-seller Hindenburg Research levelled allegations against Sebi chairperson Madhabi Buch. The Congress party demanded immediate government action to address potential conflicts of interest in the regulator’s investigation of the Adani Group and called for a joint parliamentary committee (JPC) to…

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‘Malicious’ and ‘mischievous’: Adani Group rejects allegations in new Hindenburg report – Times of India

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NEW DELHI: The Adani Group on Sunday vehemently denied the latest allegations made by US-based short seller Hindenburg Research. The group characterized the allegations as “red herrings thrown by a desperate entity with total contempt for Indian laws.”The new Hindenburg report claimed that Sebi chairperson Madhabi Buch and her husband had stakes in offshore entities…

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SEBI chief, husband reject Hindenburg allegations: ‘Our life and finances are an open book’ – Times of India

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NEW DELHI: Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch and her husband Dhaval Buch have refuted the allegations made against them by Hindenburg Research, a US-based short-seller, in its recent report. The statement was released shortly after Hindenburg Research claimed that the couple had stakes in “both the obscure offshore entities…

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‘Who will guard the guards?’ Congress on Hindenburg allegations on Sebi chief | India News – Times of India

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NEW DELHI: Congress called upon the central government to act swiftly to address potential conflicts of interest within the Securities and Exchange Board of India (Sebi) after fresh allegations leveled by US short-seller Hindenburg Research against Sebi chairperson Madhabi Buch. The opposition party also said that the “seeming complicity of the highest officials of the…

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Now, Hindenburg questions Sebi chief, spouse’s dealings – Times of India

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MUMBAI: Hindenburg Research, the US short-seller that in Jan 2023 had alleged extensive corporate fraud by the Adani group using offshore vehicles, on Saturday night cited whistleblower documents claiming that Sebi chairperson Madhabi Puri Buch, with husband Dhaval, had also invested in the same offshore vehicles.Sebi chief and her husband, through 360 One WAM (IIFL’s…

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Sebi chief had stake in obscure offshore entities used in Adani money siphoning scandal: Hindenburg – Times of India

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NEW DELHI: Hindenburg Research, the firm known for its critical report on the Adani Group, has made allegations against Madhabi Puri Buch, the chief of Securities and Exchange Board of India (Sebi). They claim that she had stakes in “obscure offshore entities used in Adani money siphoning scandal”. This development adds a new layer to…

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New India-centric report on the way? ‘Something big soon’, says US Short Seller Hindenburg – Times of India

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NEW DELHI: Hindenburg Research, a US-based firm, has recently hinted at a potential new report focused on India, more than a year after it made allegations against the Adani group of companies, accusing them of insider trading and other stock market violations.The cryptic message, posted on the company’s X social media account, simply stated, “Something…

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Adani Enterprise plans to raise $1 billion from share sale – Times of India

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MUMBAI: Adani Enterprises, the flagship of the Adani Group, plans to launch a $1-billion share sale by mid-Sept, Reuters reported.The offering of existing shares will mark Adani Enterprises’ return to the capital market after it withdrew a $2.5-billion follow-on offering in Feb last year after US short seller Hindenburg Research accused the conglomerate of improper…

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Gautam Adani, Adani Group chairman, to step down at 70; shift control to sons and their cousins: Report – Times of India

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Gautam Adani, the 62-year-old chairman of Adani Group, has revealed his plans to retire at the age of 70 and transfer control to his sons and their cousins in the early 2030s, according to an interview with Bloomberg News quoted by Reuters. Gautam Adani emphasized the importance of succession for business sustainability, saying, “I left…

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‘When Vizhinjam port was given on invitation to … ‘: Sitharaman takes digs at Rahul Gandhi’s ‘double As and A1,A2’ attacks | India News – Times of India

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NEW DELHI: Union finance minister Nirmala Sitharaman on Tuesday took a dig at Congress leader Rahul Gandhi over his “Double A and A1,A2” jibes at the BJP-led NDA government as she reminded the Congress leader about the recent milestone reached at Vizhinjam International Seaport in Kerala which welcomed its first mothership, ‘San Fernando’. Rahul, who…

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