MUMBAI: In volatile trades on Monday, the sensex closed a marginal 57-point lower at 79,649 points as investors on Dalal Street mostly discounted US short-seller Hindenburg Research‘s report that alleged conflict of interest on part of Sebi chief Madhabi Puri Buch while investigating alleged wrongdoings by Adani Group.While the latest Hindenburg report didn’t have much…
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…
NEW DELHI: The BJP on Monday hit back with a cricketing analogy of its own, a day after Leader of Opposition Rahul Gandhi‘s “umpire is compromised” remark against the Centre following the new Hindenburg Research report which has claimed that Sebi chairperson Madhabi Puri Buch had stakes in “obscure offshore entities” that are allegedly involved…
NEW DELHI: The Bharatiya Janata Party (BJP) on Monday accused the Congress of engaging in “chit politics” following the Congress’ demand for a Joint Parliamentary Committee to investigate the recent Hindenburg research report. The report claimed that Sebi chairperson Madhabi Puri Buch had stakes in “obscure offshore entities” allegedly involved in the Adani money siphoning…
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…
Mumbai: Late Sunday night, Hindenburg Research put up its response to a release by Sebi chairperson Madhabi Puri Buch and husband Dhaval that had called out the US short-seller’s Saturday report as an attempt of “character assassination” of the regulatory chief.Posting on its X account, Hindenburg said that the response from Puri Buch “includes several…
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…
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…
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…
