NEW DELHI: Anti-corruption ombudsman Lokpal has denied to take any action on two complaints filed against Sebi chief Madhabi Puri-Buch regarding impropriety and conflict of interest on the basis of Hindenburg report. One complaint was filed by a sitting Lok Sabha member, regarding which, the Lokpal said that it “falls short” in persuading them to…
NEW DELHI: Congress on Friday pressed upon its demand for a Joint Parliamentary Committee (JPC) probe into ‘Adani mega scam‘ saying that the Hindenburg report was only a “tip of the iceberg”.The US short seller said that Sebi chief Madhabi Puri Buch and her husband, Dhaval Buch, were involved with offshore funds implicated in the…
NEW DELHI: Key congress meet led by president Mallikarjun Kharge on Tuesday adopted resolution to hold nationwide agitation on August 22 to demand resignation of Sebi chief Madhabi Puri Buch following accusations by the US-based firm Hindenburg of a conflict of interest which prevented Buch from pressing charges on Adani Group.The Congress agitation on August…
NEW DELHI: Amid a political slugfest over the latest Hindenburg report, Dalal Street discounted the short-seller’s charges against Sebi chairperson Madhabi Puri Buch and her husband Dhaval Buch and their alleged links with the Adani probe, closing 57 points lower in volatile trade.Unlike Jan 2023, when the report on Adani group severely eroded the conglomerate’s…
NEW DELHI: Once bitten, twice shy. A cautious Indian stock market on Monday successfully negotiated the second Hindenburg salvo at the Adani Group with sensex and Nifty closing marginally lower despite a highly volatile trade through the day. And, while the markets did well to survive the potential Hindenburg disruptions, the politicians were once again…
Adani Group stocks latest news: Following allegations against Sebi chief Madhabi Buch in the Adani vs Hindenburg controversy, shares of Adani Group companies experienced a decline of up to 7% on Monday morning, as many investors opted for a cautious approach. Consequently, investors suffered a loss of approximately Rs 53,000 crore, with the combined market…
NEW DELHI: Securities and exchange board of India on Sunday responded to the Hindenburg report saying that the chairperson Madhabi Puri Buch made “relevant disclosures” from time to time and recused herself in matters involving conflict of interest. “It is emphasized that Sebi has adequate internal mechanisms for addressing issues relating to conflict of interest,…
NEW DELHI: The Sebi chairperson Madhabi Buch and her husband Dhaval Buch, on Sunday, issued a statement addressing the allegations made by US-based Hindenburg’s research. The couple clarified that their investment in the fund cited by Hindenburg was made in 2015, while they were private citizens living in Singapore, prior to Madhabi’s appointment as full…
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…
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…
