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The Securities and Exchange Board of India (SEBI) is the apex regulator for the securities market with a preamble that affirms its commitment “to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.” In February 2022, the Government announced the appointment of Madhabi Puri Buch,…
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SEBI Chairperson Madhabi Puri Buch. File | Photo Credit: PTI SEBI chief Madhabi Puri Buch and her husband Dhaval Buch on Friday (September 13, 2024) denied a series of allegations of impropriety and conflict of interest levelled by the Congress, saying these are “incorrect, motivated and defamatory”. Buchs said the allegations are based on Income tax returns filed by…
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In this file photo, SEBI Chairperson Madhabi Puri Buch speaks during CII’s 17th Corporate Governance Summit, in Mumbai. | Photo Credit: PTI U.S.-based short-seller Hindenburg Research is attacking capital markets regulator SEBI’s credibility and attempting a character assassination of its chief, Madhabi Puri Buch and her husband Dhaval said on Sunday (August 11, 2024). In…
In January 2023, Hindenburg published a report accusing the Adani Group of financial irregularities, leading to a significant drop in the company’s stock price. File. | Photo Credit: VIJAY SONEJI Rejecting the fresh allegation levied by the Hindenburg Research, the Adani Group described the the U.S.-based short seller’s report as “a recycling of discredited claims…