NEW DELHI: Sebi chairperson Madhabi Puri Buch on Thursday cited “personal exigencies” to skip Parliament’s Public Accounts Committee (PAC) meeting, which soon led to a fight between the panel’s head K C Venugopal and NDA members who accused him of taking unilateral decisions and proceeded to lodge a protest with Lok Sabha Speaker Om Birla.The…
NEW DELHI: After much suspense, Sebi chairperson Madhabi Buch is scheduled to appear before the Public Accounts Committee of Parliament on Thursday, a meeting that on agenda is slated to be a performance review of the top regulator, but which may result in fireworks over its functioning as well as about the recent allegations of…
NEW DELHI: A full-scale conflict between BJP and Congress appears to be looming with the governing party objecting to latter’s plan to get Parliament’s Public Accounts Committee to summon Sebi chairperson Madhabi Puri Buch to face questions on the regulator’s probe into the allegations against Adani Group and accusing it of using the parliamentary panel…
NEW DELHI: Congress on Saturday levelled fresh allegations of conflict of interest against Sebi chief Madhabi Puri-Buch, accusing her of making “high value investments” outside India including Chinese firms, amid rising geopolitical tensions with the neighbouring country.The grand old party also accused Buch of trading in listed securities while being in possession of unpublished price…
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: Sebi chief Madhabi Puri Buch and her husband Dhaval Buch on Sunday rejected the claims of the fresh Hindenburg Research report alleging that the market regulator body chairperson had stakes in “obscure offshore entities used in Adani money siphoning scandal”.Issuing a point-by-point rebuttal, Madhabi Buch and her husband trashed allegations of impropriety levelled…
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 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: 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…
