Hindenburg Research: Allegations against Adani duly investigated; Madhabi Buch disclosed, recused when necessary, says SEBI
The Hindu
Hindenburg Research: SEBI responds saying allegations against Adani investigated; Madhabi Buch disclosed, recused when necessary
In its first comments following a new report by U.S.-based short seller Hindenburg Research, capital markets regulator SEBI on Sunday (August 11, 2024) said it has investigated all the allegations against the Adani group.
Chairperson Madhabi Buch made relevant disclosures from time to time and recused herself in matters involving potential conflicts of interest, the regulator said in a statement.
The regulator also said that it has duly investigated the allegations made by Hindenburg against Adani, and said that last of its 26 investigations is nearing completion now.
Earlier, Ms. Buch and her husband Dhaval Buch had termed the allegations baseless, and also said that the short-seller is attacking the credibility of the capital markets regulator, and also attempting a character assassination of the chairperson.
Hindenburg Research alleged that it suspects SEBI’s unwillingness to act against Adani group may be because Ms. Madhabi Buch had stakes in offshore funds linked to the conglomerate.
World Economic Forum 2026 The Hindu LIVE updates: Trump heads for Davos maelstrom over Greenland on January 21, 2026
Palantir leaders said the U.S. technology company has clinched a deal to sell more software to HD Hyundai, ramping up its heavy-industry work in South Korea.
Jio BlackRock AMC attracts 10 lakh investors, with 18% being first-time participants, focusing on B-30 cities and innovative funds.
Arohan Financial Services plans to hit capital market during middle of 2026-27 with ₹1,500 crore IPO
Arohan Financial Services plans a ₹1,500 crore IPO in 2026-27 to strengthen its capital base and expand services.
ITC Hotels reports a 9.6% Q3 net profit rise to ₹237 crore, driven by increased revenue and strategic expansions.
Gold reaches a record high of $4,700/oz as geopolitical tensions and safety demand drive unprecedented market growth.
Skoda Auto India aims for sustained growth with 10 new product launches planned for 2026, enhancing market reach and model upgrades.
Sensex and Nifty drop over 1% amid geopolitical tensions, heavy selling, and negative global cues affecting investor sentiment.
The rupee fell 7 paise to a record low of 90.97 against the U.S. dollar amid rising geopolitical uncertainties.
Chandrababu Naidu urges India to awaken as a global economic leader during a diverse political representation at WEF 2026 in Davos.
PhonePe receives SEBI approval for its IPO, filing updated DRHP soon, marking a significant fintech milestone in India.
EU leaders confront Donald Trump's disruptive agenda at WEF 2026 in Davos, highlighting tensions over tariffs and global order.
Understand the essential budget terms that shape government spending, taxation, and economic policies ahead of India's Union Budget 2026.