While SEBI has denied allegations that it did not take any action against the Adani group, its chairperson Madhabi Puri Buch and her spouse Dhaval Buch had issued a joint statement to “address issues in their personal capacity”
Hindenburg Research: Allegations against Adani duly investigated; Madhabi Buch disclosed, recused when necessary, says SEBI
Chairperson Madhabi Buch made relevant disclosures from time to time and recused herself in matters involving potential conflicts of interest, the regulator said in a statement.
Hindenburg attacking credibility, attempting character assassination: SEBI chief Madhabi, husband issue detailed rebuttal
In the fresh statement, the Buchs said their investment in a fund promoted by IIFL Wealth Management was as Singapore-based private citizens, and made two years before Madhabi joined SEBI as a whole-time member in 2017
Government must eliminate conflicts of interest in SEBI’s Adani probe: Congress
The Congress demands immediate action to eliminate conflicts and also raised questions over the SEBI account being locked on X
SEBI proposed F&O norms to hit exchanges and brokers, say reports
SEBI stated that these measures are aimed at enhancing investor protection and promote market stability in derivative markets.
FPIs turn net sellers; withdraw ₹13,400 crore from equities in August
According to the data, Foreign Portfolio Investors (FPIs) withdrew a net amount of ₹13,431 crore from equities so far this month (August 1-9)
Hindenburg alleges Sebi head Madhabi Buch had stakes in obscure offshore funds used in ‘Adani scandal’
Obscure offshore Bermuda and Mauritius funds, allegedly controlled by Vinod Adani — elder brother of group chairman Gautam Adani — are alleged to have been used to round-trip funds and inflate stock price.
Something big soon on India, says Hindenburg Research
U.S. based short-sheller firm Hindenburg Research may soon reveal their next report on India soon; earlier Hindenburg published a report accusing the Adani Group of financial irregularities, leading to a significant drop in the company's stock price
Rupee rises 8 paise to 83.89 against U.S. dollar in early trade
RBI Governor Shaktikanta Das noted that India’s forex reserves touched a record high of $675 billion as of August 2
