Capital markets regulator Sebi chief Madhabi Puri Buch and her husband on Saturday denied allegations levelled against them by short seller Hindenburg as baseless and asserted that their finances are an open book. In a statement, Madhabi Puri Buch and Dhaval Buch also said it is unfortunate that Hindenburg Research against whom Sebi has taken an Enforcement action and issued a show cause notice has chosen to attempt character assassination in response to the same.
Posts tagged Rediff
Hindenburg points finger at Sebi chief Madhabi Buch (10-08-2024)
US short-seller Hindenburg Research launched a fresh broadside against market regulator Sebi chairperson Madhabi Buch, alleging that she and her husband had stakes in obscure offshore funds used in the Adani money siphoning scandal.
‘Should Have Bids For IDBI Before End Of FY’ (10-08-2024)
‘We are in a position to start due diligence and private data room access shortly.’
‘Something Big Soon India’: Hindenburg (10-08-2024)
US-based firm Hindenburg Research on Saturday posted a cryptic message hinting at a possible new India-centric report, over a year after it published allegations against the Adani group of companies of insider trading and other violations in the stock market.
MFs Boom Despite Market Volatility (10-08-2024)
Mutual Fund inflows in FY25 have already reached two-thirds of the total inflows seen in the entire FY24, with net inflows standing at Rs 1.3 trillion.
Sebi Can’t Recover Rs 76,293 Cr Dues! (10-08-2024)
Out of 3,871 recovery certificates issued by the regulator in various cases, 807 have been certified as difficult to recover.
Bangla Crisis: India’s 2 Wheelers Cos To Get Hit (10-08-2024)
Indian companies also hold a considerable share of the car, bus, and three-wheeler markets in the country.
2 crore more houses to be constructed under PMAY-G (09-08-2024)
The Union Cabinet, chaired by the Prime Minister Narendra Modi, on Friday approved the proposal of the Department of Rural Development for construction of two crore more houses under the Pradhan Mantri Awas Yojana – Gramin (PMAY-G). The Cabinet approved the ‘Implementation of the Pradhan Mantri Awas Yojana-Gramin during FY 2024-25 to 2028-29,”which prescribes for the construction of two crore more houses at existing unit assistance of Rs 1.20 lakh in plain areas and Rs 1.30 lakh in North Eastern Region States and Hill States of Himachal Pradesh, Uttarakhand, Union Territories of Jammu and Kashmir and Ladakh, according to an official statement.
Cabinet nods 8 new rail projects worth Rs 24,657 cr (09-08-2024)
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, approved eight railway projects with total estimated cost of Rs 24,657 crore, Railway Minister Ashwini Vaishnaw said on Friday. The new line proposals will provide direct connectivity and improve mobility, providing enhanced efficiency and service reliability for the Indian Railways, Vaishnaw said in a press briefing.
Forex reserves jump to record $674.91 bn (09-08-2024)
India’s forex reserves jumped by $7.53 billion to a new record high of $674.92 billion for the week ended August 2, the Reserve Bank said on Friday. The overall kitty had dropped by $3.471 billion to $667.386 billion in the previous reporting week ended July 26.