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August 13, 2024 8:26 am
In February 2018, Madhabi Puri Buch instructed the fund manager to redeem their entire investment.
August 13, 2024 7:12 am
In its first official reaction to the Hindenburg allegations, the Union Ministry of Finance said it had nothing to add after the SEBI and Buch had issued their statements.
August 13, 2024 10:59 pm
“The concerned person as well as regulator have made their statements, nothing further to be added by govt,” says Finance Ministry; BJP accuses Cong of “seeking foreign help to discredit financial markets and create chaos”
August 13, 2024 11:56 am
SEBI’s ‘Code on Conflict of Interest’ seeks to ensure that the board ‘conducts in a manner that does not compromise its ability to accomplish its mandate or undermine the public confidence’ in the body
August 12, 2024 11:31 am
In the Nifty 50, Adani Enterprises and Adani Ports were among the biggest losers on Monday morning.
August 12, 2024 8:53 am
In today's edition: Sebi comes out in defence of its chairperson Madhabi Buch after Hindenburg allegations; Paris Olympics leaves India with a few smiles — and many red flags; and more
August 12, 2024 11:31 am
In effect, this made the Sebi Chairperson a part of the investigations by the regulator, said former Sebi officials, thereby raising potential conflict of interest issues.
August 12, 2024 11:02 am
His remarks came after US short-seller Hindenburg Research on Saturday alleged that market regulator SEBI chairperson Madhabi Buch and her husband had stakes in obscure offshore funds used in the alleged Adani money siphoning scandal.
August 11, 2024 9:41 pm
"Hindenburg has been served a show cause notice for a variety of violations in India," a statement released by Madhabi Puri Buch and her husband Dhaval said.
August 12, 2024 11:11 am
Hindenburg Research alleged that SEBI chairperson Madhabi Puri Buch had held investments in offshore funds that were also used by Adani Group. Buch called these findings baseless.