Adani Group Chairman Gautam Adani. File | Photo Credit: AP The U.S. Securities and Exchange Commission (SEC) has charged billionaire Gautam Adani, founder and chairman of the Adani Group, with allegedly defrauding American investors and bribing officials. Mr. Adani (62) and his nephew Sagar Adani (30), executives of Adani Green Energy Limited, and Cyril Cabanes, … Read more
Switzerland authorities have frozen funds worth USD 310 million across various Swiss bank accounts allegedly related to the Adani Group, as part of an ongoing investigation regarding alleged money laundering and security forgery. In a new revelation, US-based short seller Hindenburg Research highlighted on social media that Switzerland’s Federal criminal court has been investigating accounts … Read more
New Delhi: The parliamentary Public Accounts Committee (PAC) is set to look into allegations against Securities and Exchange Board of India (Sebi) chief Madhabi Puri Buch and may summon her later this month, said people with knowledge of the matter. The matter was added to the PAC’s agenda after several members demanded an inquiry into … Read more
NEW DELHI: The Congress on Monday charged Securities & Exchange Board of India (Sebi) chairperson Madhabi Puri Buch of receiving remuneration from private entities such as ICICI Bank and ICICI Prudential even while heading the regulatory body. Congress leader Pawan Khera alleged that Buch received ?16.8 crore from ICICI since joining Sebi in 2017. While … Read more
Financial Services Commission said it had taken cognisance of the contents of the report published by Hindenburg Research which mentioned Mauritius as a ‘tax haven’. Photo: YouTube/@financialservicescommissio64 Financial Services Commission (FSC) of Mauritius on Tuesday (August 13, 2024) said the offshore fund at the heart of the conflict of interest allegation Hindenburg Research levelled against … Read more
Lucknow: Hindenburg Research’s allegations against the SEBI chairperson have now gone beyond a debate between the ruling party and the opposition and are affecting the Centre’s credibility, BSP chief Mayawati said on Tuesday. She also said that it would have been better if the Centre had ordered a high-level inquiry into the matter by now. … Read more
Thiruvananthapuram: Stepping up its attack on the PM Narendra Modi government over the Hindenburg Research’s allegations against SEBI chairperson Madhabi Buch, the Congress on Monday threatened to launch a nationwide protest if its demand for a JPC (Joint Parliamentary Committee) probe into the matter is not accepted. AICC general secretary (Organisation), K C Venugopal, described … Read more
In this April 2, 2024 file photo, chairperson of the Securities and Exchange Board of India (SEBI) Madhabi Puri Buch. File | Photo Credit: PTI Reacting to the Buchs’ rebuttal of their report red-flagging their investments in obscure offshore funds linked to the Adani group and ownership of consulting firms in Singapore and India, Hindenburg … Read more
Leader of the Opposition and Congress leader Rahul Gandhi today stated that the integrity of SEBI has been gravely compromised by the allegations against its chairperson. His statement came a day after US short-seller Hindenburg Research leveled serious charges against SEBI (Securities and Exchange Board of India) Chairperson Madhabi Buch and her husband.“The integrity of … Read more
New Delhi: On the Hindenburg report with allegations on SEBI Chief and her husband, BJP leader and former Union Minister Rajeev Chandrasekhar on Sunday trashed the Hindenburg report and said that nothing in the report is credible. “These are a set of innuendos and guesswork that are being tied together with a few grains of … Read more
