Madhabi Puri Buch, chairperson of the Securities and Exchange Board of India (SEBI). File | Photo Credit: PTI Hours after the stock market regulator’s chairperson Madhabi Puri Buch, and her spouse Dhaval Buch, issued a clarification on a Hindenburg Research report red-flagging their investments in obscure offshore funds linked to the Adani group, and ownership …
Adani Enterprises Ltd, Adani Power, Adani Green Energy Ltd and Adani Energy Solutions Ltd are among 10 Adani group stocks that would be in focus today, and so would be shares of 360 ONE WAM Ltd, following Hindenburg Research’s fresh reports where it suggested alleged links of SEBI Chairperson Madhabi Puri Buch and her husband …
Taking note of the report published by Hindenburg Research on Saturday (August 10, 2024), the Securities and Exchange Board of India on Sunday (August 11, 2024) denied all allegations and advised investors to remain calm and exercise due diligence before reacting to such reports. “Investors may also like to take note of the disclaimer in …
Stock market today: Following positive global market sentiments on cooling US recession fears, the Indian stock market finished higher on Friday. The Nifty 50 index surged 250 points to 24,367, the BSE Sensex shot up 819 points to 79,705, and the Bank Nifty index finished 327 points higher at 50,484. Cash market volumes on the …
Short selling is a trading strategy used as a financial term in the stock markets. In short selling, traders speculate over a stock and expect its price to fall. Short-selling traders are commonly known as short sellers. They place their bets on a company’s stock, which they anticipate will fall in a specific period of …
US-based short seller Hindenburg Research shared an early access copy of its report against the Adani Group of companies with the New York-based hedge fund manager Mark Kingdon, two months before publishing it which resulted in profiting from a deal from the share price movement, according to the securities market regulator – the Securities and …
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 …
US-based short-seller Hindenburg Research whose report on Gautam Adani-led Adani Group last year triggered a rout in the group’s stocks, has come out with a note stating India’s market regulator Sebi had sent it a letter outlining suspected violations over its short bet against Adani Group last year and revealed it may “barely come out …
The report by US-based short seller Hindenburg Research was an effort to shake the foundation of the Adani Group but the conglomerate stood firm, its Chairman Gautam Adani said in a speech in Mumbai. He said that the report tried to politically defame India’s governance practices. “Last year, January 24, we were subject to a …
Gautam Adani’s fortune saw a significant decline of $37.3 billion ( ₹3.1 lakh crore), reaching $83.2 billion ( ₹6.9 lakh crore), marking a 31 per cent decrease, according to Bloomberg Billionaires Index. Adani Group chairman Gautam Adani.(REUTERS) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The Ahmedabad-based tycoon faced a loss of $21 billion on January 27 alone, triggered …