Financial Services Commission of Mauritius on Tuesday said the offshore fund at the heart of the conflict of interest allegation Hindenburg Research levelled against Sebi chief is not domiciled in the Island nation, and that it does not permit the creation of shell companies. In a statement, FSC said it has taken cognizance of the …
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 …
Sensex and Nifty, which were under pressure last week largely due to global factors, will now have to face a domestic tension – Hindenburg’s fresh claims against Sebi chief Madhabi Puri Buch’s family in the Adani controversy. When the stock market opens for trading on Monday morning, there could be an initial knee-jerk reaction as …
Just when most people thought that the Adani vs Hindenburg controversy was over, the whistleblower who makes money by short-selling shares and bonds of its target companies has added a fresh twist to the unending saga by claiming that Sebi chief Madhabi Puri Buch and her husband had a stake in offshore entities linked to …