Adani V. Hindenburg: The Short Selling Saga News
Sebi ramps up investigations amid market turmoil
Under Madhabi Puri Buch, India’s market regulator SEBI has initiated a record number of investigations in FY24, driven by a buoyant equity market, increased retail participation, and advanced technology for supervision.
4 min read19 Aug 2024Adani bonds rally, stocks fall post Hindenburg 2.0
Short positions created on Adani Enterprises, Adani Ports after 10 August, shows F&O data.
3 min read19 Aug 2024Sebi chief Madhabi Puri Buch earned revenue in potential rules violation: Report
Agora Advisory Pvt Ltd in which Buch has 99% shareholding, earned a revenue of ₹37.1 million, according to public documents from the Registrar of Companies
2 min read16 Aug 2024Full disclosure for Sebi chief: Key to preventing next Hindenburg-like scandal
The controversy sparked by Hindenburg’s allegations has led to calls for Sebi’s leadership to adhere to stricter disclosure norms. By aligning Sebi’s standards with other public officials, India can bolster investor confidence and safeguard its financial markets from similar future crises.
3 min read12 Aug 2024Hindenburg claims on SEBI chief Madhabi Puri Buch ‘highly disturbing’, says ex-FinMin official in letter to Sitharaman
Former Finance Ministry official EAS Sarma wrote to Finance Minister Nirmala Sitharaman seeking a judicial investigation into the allegations of conflict of interest. The former bureaucrat called the Hindenburg allegations against Buch highly disturbing.
1 min read12 Aug 2024Adani-Hindenburg case: From offshore entities to short position to shell companies, everything you need to know
Adani-Hindenburg case: In a report, Hindenburg Research alleged that SEBI chief Madhabi Puri Buch had stakes in offshore Adani Group entities. Here is a quick look at various terms used in the report by the US-based short seller such as stock manipulation, offshore entities and short position.
5 min read12 Aug 2024Hindenburg allegations on SEBI ‘baseless and misleading’; says Indian REITs Association
Hindenburg Research’s claims against SEBI over serving the interests of a select few are ‘baseless and misleading’, said the Indian REITs Association, according to a PTI report.
2 min read12 Aug 2024Sebi chair Madhabi Buch owns majority in Mumbai consultancy named in Hindenburg report
Hindenburg Research has flagged potential conflict of interest citing Buch’s ownership of two consulting firms, among other allegations targeted at her related to Sebi’s investigation into the Adani Group.
4 min read11 Aug 2024Hindenburg chose to attempt character assassination, says Sebi chief Madhabi Puri Buch; denies allegations as ‘baseless’
Sebi chairperson Madhabi Puri Buch has denied the allegations levied by the US short-seller Hindenburg Research in its latest report, terming them ‘baseless’ and an attempted ‘character assassination’.
1 min read11 Aug 2024An emboldened Hindenburg’s profit score has gotten better as it targets bigger guns
Hindenburg’s onslaught on Sebi chairperson Madhabi Puri Buch is the first instance of it targeting an individual, a markets regulator at that.Since its explosive report on Adani Group in January 2023, the short seller has targeted other high-profile firms, and more often than not, left a scar.
5 min read11 Aug 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared