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…
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…
Six companies within the Adani Group have disclosed receiving show-cause notices from Securities and Exchange Board of India (Sebi), as per their recent filings with the stock exchanges. The notices were issued for suspected non-compliance with regulations related to related party transactions, listing rules, and the authenticity of auditor certificates.According to an ET report by…
