SEBI Probes Adani Bribery Disclosures

22 Nov 2024

India's Securities and Exchange Board (SEBI) is scrutinizing Adani Green Energy Ltd. for potential disclosure lapses concerning a U.S. Department of Justice (DOJ) bribery investigation. The probe focuses on whether Adani Green adequately informed investors about the DOJ's inquiry, especially regarding the involvement of individuals associated with the Adani Group....

Congress to hold nationwide protest on Aug 22 over Hindenburg Research report, gherao ED offices

13 Aug 2024

Congress will be holding a nationwide protest across the country and also 'gherao' the Enforcement Directorate's office over the fresh allegations mentioned by the Hindenburg Reasearch report, party leaders said on Tuesday. The decisio was taken at the meeting convened today at the party headquarters by Congress chief Mallikarjun Kharge...

Hindenburg Raises New Questions; Responds to SEBI Chairperson Madhabi Puri Buch

12 Aug 2024

In a series of tweets, Hindenburg Research has responded to SEBI Chairperson Madhabi Puri Buch and her husband, Dhaval Buch, regarding allegations made on August 10, 2024. The Buchs had defended their investment in a fund made in 2015, prior to Madhabi Buch joining SEBI in 2017, stating the decision...

Who is Dhaval Buch, Husband of SEBI Chairperson Mentioned in Hindenburg Report?

11 Aug 2024

US-based short-seller Hindenburg Research has made serious allegations against Madhabi Puri Buch, chairperson of the Securities Exchange Board of India (SEBI), and her husband, Dhaval Buch. The firm claims that the Buchs were involved in an offshore fund that received substantial investments from Vinod Adani, the brother of Gautam Adani....

Who is Nathan Anderson, the Man Behind Hindenburg Research?

10 Aug 2024

Nathan Anderson is the founder of Hindenburg Research, a New York-based forensic financial research firm known for uncovering corporate fraud and malpractices. Established in 2017, Hindenburg Research has gained recognition for its in-depth reports on publicly traded companies, often causing significant declines in their stock prices. The firm's approach involves...

Supreme Court rules no regulatory failure by SEBI in Adani-Hindenburg row

03 Jan 2024

The Supreme Court has ruled that the Securities and Exchange Board of India (SEBI) did not exhibit any regulatory failure in the Adani-Hindenburg controversy. The judgment emphasizes that reliance on unverified press reports is insufficient and cannot serve as a foundation for regulatory lapses. The case, extensively covered by @DebayonRoy,...