The Congress has alleged that Sebi chief Madhabi Puri Buch held equity stakes in Predible Health Pvt Ltd. “The government granted ₹1.85 crore to Predible Health Pvt Ltd under the Startup India Initiative. Interestingly this is the same company where Sebi chairperson Madhabi Puri Buch held equity stake. This isn’t mere coincidence; it’s a clear … Read more
Amid the row over allegations against SEBI chairperson Madhabi Buch, the Congress on Thursday demanded an independent inquiry into the matter, asserting that it is in national interest to have a probe as foreign investors were getting concerned and there were doubts about the integrity of India’s stock markets. The opposition party said only an … Read more
Responding to ICICI Bank’s statement concerning payments made to Sebi chief Madhabi Puri Buch, the Congress on Tuesday claimed that the bank’s clarification raised more questions than it answered. Addressing a press conference, party spokesperson Pawan Khera pointed out that Puri Buch retired from ICICI Bank in 2013 and she was provided ₹5.03 crore. He … Read more
The Congress on Monday levelled fresh conflict of interest allegations against SEBI Chairperson Madhabi Buch and asked Prime Minister Narendra Modi to come clean as the head of the appointments committee of the cabinet on her appointment. At a press conference, the Congress alleged that since the current SEBI chairperson took office in 2017, she … 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
