Hindenburg vs SEBI: The Financial Services Commission (FSC) of Mauritius announced on Tuesday, August 13 that the offshore funds mentioned in the latest Hindenburg investigative report against the SEBI chairperson, are not domiciled in the Island nation. The Mauritious regulator also clarified that it does not permit the creation of shell companies. In a statement, …
Indian shares declined on Monday, with all 10 Adani group stocks dropping after U.S. short-seller Hindenburg Research alleged the head of the country’s markets regulator held a stake in offshore funds used by the group. The NSE Nifty 50 index was down 0.31% at 24,291.55, as of 10:18 a.m IST, and the S&P BSE Sensex …
Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on a cautious note amid mixed global market cues and weak domestic sentiment after the new Hindenburg report against Sebi Chairperson Madhabi Puri Buch in the Adani Group case. The trends on Gift Nifty also indicate a mildly negative start for the …
Hindenburg’s new report has raised questions about the SEBI chairperson Madhabi Puri Buch promoting real estate investment trusts as a promising asset class without disclosing that her husband Dhaval Buch is now an adviser to Blackstone Inc, which has sponsored two of the four listed REITs in India. Hindenburg has raised questions about the SEBI …
MUMBAI:Kotak Mahindra Bank Ltd has found itself dragged into the midst of the Hindenburg Research-Adani Group storm with the US short-seller in its latest salvo accusing India’s market regulator of trying to shield the private bank and other Indian entrepreneurs. Hindenburg was responding to a show-cause notice from the Securities and Exchange Board of India …
Bengaluru/Mumbai: Traders and investors expected a rally in Adani group shares on Wednesday in anticipation of a favourable verdict from the Supreme Court. The apex court did not disappoint. A three-judge bench said there was no ground to doubt the investigation of the Securities and Exchange Board of India (Sebi) and did not see merit …
Image Source: PTI Adani Group Chairman Gautam Adani Adani Group Chairman Gautam Adani addressed shareholders at the Annual General Meeting (AGM) on Tuesday and firmly denounced the Hindenburg Research report, describing it as a deliberate and malicious attempt to tarnish the reputation of the company. “The report contained a mix of targeted misinformation and baseless …