NEW DELHI: As the Public Accounts Committee of Parliament takes a decision on summoning Sebi chairperson Madhabi Puri Buch as part of a review of the market regulator, Congress on Friday levelled fresh allegations of conflict of interest against her.At a press conference, party spokesperson Pawan Khera alleged that between 2018 and 2024, when she…
NEW DELHI: Congress on Friday levelled up its allegations against Sebi chief Madhabi Puri-Buch from ‘conflict of interest’ to that of ‘corruption’, questioning Prime Minister Narendra Modi‘s inaction over the matter. Continuing with his “non-biological” rhetoric, Jairam Ramesh said, “The question really needs to be asked of the non-biological Prime Minister, not of anyone else.As…
MUMBAI: Zee founder Subhash Chandra accused Sebi chief Madhabi Puri Buch of corrupt practices when his media and other companies came under regulatory scanner, a charge that was rebutted by sources in the regulatory body. Chandra said on Feb 17, he was approached by one Manjit Singh who promised that all his issues with Sebi…
NEW DELHI: ICICI Bank has issued a strong denial in response to recent allegations from the Congress party on Monday, which accused SEBI Chairperson Madhabi Puri Buch of receiving regular income from the bank and its asset management arm, ICICI Prudential, while serving as a whole-time member and later Chairperson of the capital markets regulator….
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: Government is unlikely to immediately step into the controversy created by the Hindenburg report as senior officials believe that the charges against Sebi chief Madhabi Puri Buch and her husband Dhaval, are “untrue and malicious” and are in response to the regulator‘s notice to the short seller. They alleged that Hindenburg may also…
MUMBAI: In 2022, when Madhabi Puri Buch took charge as Sebi chairperson, she broke several barriers – primary of them being the first woman and the first former private sector professional to head the markets’ regulatory body. After a four-and-half-year stint as a whole-time member at Sebi, she had taken a few months off due…
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: 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…
