15 августа 2024 года
Hindenburg Research's recent allegations against SEBI Chairperson Madhabi Puri Buch have sparked significant debate. While many experts dismiss the claims as baseless and sensationalist, with notable figures like former Infosys CFO Mohandas Pai and Deepak Shenoy criticizing the report's lack of substance, the opposition has seized the opportunity to demand a Joint Parliamentary Committee (JPC) inquiry.
"Throughout the fund's tenure, IPE-Plus Fund 1 made zero investments in any shares of the Adani Group either directly or indirectly through any fund," 360 ONE WAM said in a regulatory filing before stock exchanges.
Congress leader Supriya Srinate criticized SEBI and its chief Madhabi Buch's integrity following Hindenberg's report on the Adani group. She implied Buch's connections with Adani may have influenced SEBI's inaction, raising concerns about governmental transparency. Srinate stressed the necessity of a proper investigation as urged by the Supreme Court.
Kerala Forest Minister A K Saseendran visited the landslide-stricken Wayanad district, comforting families searching for missing members. He became emotional while promising state support. The landslides on July 30 caused 229 deaths and left over 130 people missing. Prime Minister Modi also pledged the central government's assistance during his visit.
Spot gold, after declining for five straight days through Wednesday, recovered most of its weekly losses as it surged in the last two days on improved risk sentiments in the wider markets.
Six passengers were injured and hospitalized after they jumped from a moving train near Uttar Pradesh's Bilpur, following rumors of a fire. The Howrah-Amritsar Mail's general coach was involved. The chaos began when someone pulled the emergency chain. Railway officials are investigating the cause, suspecting that a fire extinguisher may have led to the panic.
The Supreme Court is set to hear Chief Minister Arvind Kejriwal's plea challenging a Delhi High Court order upholding his summons in a criminal defamation case for retweeting a defamatory video circulated by YouTuber Dhruv Rathee in May 2018. The three-judge bench of justices will likely hear the matter, where Kejriwal admits he made a mistake by retweeting the video.
Indian Grandmaster R Pragganandhaa is set to face the world's best in the St Louis Rapid and Blitz tournament. Despite a slight dip in recent results, Praggnanandhaa is looking to finish on the podium in the final standings of the Grand Chess Tour, earning a bonus cash prize of USD 175000. He is currently third in the overall tour results and has two back-to-back outings in the Sinquefield Cup.
Except for the last three years, private sector banks have been big wealth creators and probably a set of stocks where every foreign portfolio investor (FPI) had or has a stake in them. In the last three years they have underperformed and questions were raised about is the best behind them. Then come these words, focusing on higher deposit growth / Adjustment period / slow credit growth. Probably this is what the street knew for quite some time and wanted to hear it from the management so that it can reset its expectations. Читать дальше...
The Adani-Hindeburg saga has resurfaced with new allegations against SEBI chairperson Madhabi Puri Buch and his wife Dhaval Buch in the siphoning case via alleged offshore shell companies. Hindenburg Research has expressed surprise at SEBI's lack of interest in Adani's alleged undisclosed web of Mauritius and offshore shell entities. The Buchs reportedly opened an account with IPE Plus Fund 1 in Singapore in 2015.
