[ad_1] Finance Minister Nirmala Sitharaman has addressed the ongoing controversy surrounding SEBI Chairperson Madhabi Puri Buch for the first time. Speaking at the News18 India Chaupal event with Network18 Group Editor-in-Chief Rahul Joshi, Sitharaman said that Buch and her husband Dhaval Buch are addressing a few of the allegations against them with factual responses. The […]
SEBI chair Madhabi Puri Buch issues a fresh rebuttal to questions on integrity – CNBC TV18
[ad_1] On September 13th, 2024, SEBI Chairperson Madhabi Puri Buch and her husband, Dhaval Buch, issued a detailed statement addressing the series of allegations levelled against them. These accusations, questioning the legitimacy of Dhaval’s consulting assignments and suggesting conflicts of interest during Madhabi’s tenure, were emphatically refuted by the couple. In their statement, the couple […]
Dr Reddy’s, Pidilite, Mahindra clarify ties with SEBI chief’s husband amid Congress claims – CNBC TV18
[ad_1] Several prominent Indian companies have issued statements refuting allegations made by the Congress party regarding consultancy services they availed from Agora Advisory, a firm linked to Dhaval Buch, spouse of Madhabi Puri Buch, Chairperson of the Securities and Exchange Board of India (SEBI). The Congress party alleged that availing services from Agora Advisory while […]
Mahindra & Mahindra responds to allegations of conflict of interest concerning SEBI chairperson’s spouse Dhaval Buch – CNBC TV18
[ad_1] In response to recent allegations by the Indian National Congress concerning a potential conflict of interest involving Dhaval Buch, husband of SEBI Chairperson Madhabi Puri Buch, Mahindra & Mahindra has issued an official clarification. Congress’ allegations implied that M&M’s payments to Buch were connected to the regulatory body’s decisions under Madhabi Buch’s leadership. Without […]
Hindenburg report: Rs 41,814-crore mutual fund money riding on 10 Adani group companies – CNBC TV18
[ad_1] A fresh report by US-based short-seller Hindenburg Research alleging that SEBI chairperson Madhabi Puri Buch and her husband Dhaval Buch were involved in Adani Group’s offshore funds has brought into focus the Rs 41,814 crore worth of investments made by mutual funds in 10 Adani group companies. Hindenburg Research on August 10 said that whistleblower […]
360 One says IPE Plus Fund 1 made zero investments in Adani Group shares in its tenure from Oct 2013-2019 – CNBC TV18
[ad_1] US Short-seller Hindenburg Research said on August 10 that Securities and Exchange Board of India (Sebi) chief Madhabi Puri Buch and her husband Dhaval Buch had opened an account on June 5, 2015, with Mauritius-based IPE Plus Fund 1, which was allegedly involved in fund siphoning. A day after the Hindenburg report, 360 One […]
Adani Group calls the new Hindenburg report ‘a red herring’ – CNBC TV18
[ad_1] Adani Group has called the new Hindenburg report “a red herring”. On August 10, the US-based short-seller accused Securities and Exchange Board of India (Sebi) chief Madhabi Puri Buch and her husband Dhaval Buch, of having stakes in offshore funds that were invested in the Adani Group. The day after the Hindenburg report went […]
Hindenburg-Adani Case LIVE Updates: Allegations are ‘malicious, mischievous and manipulative’, says Adani Group
[ad_1] In its latest salvo, US-based short seller Hindenburg has cited whistle-blower documents and accused Securities and Exchange Board of India (SEBI) chief Madhabi Puri Buch and her husband Dhaval Buch of having stakes in offshore funds that were invested in the Adani Group. The report said: “18 months since our Adani report, Sebi has […]
Who is Dhaval Buch and what are Hindenburg’s charges against him – CNBC TV18
[ad_1] According to the latest Hindenburg report, Madhabi Puri Buch, who heads India’s market regulator, and her husband Dhaval Buch had stakes in offshore funds in Mauritius and Bermuda, which were used to inflate stocks of the Adani Group. You can read the highlights from the latest Hindenburg report here. “All disclosures as required have […]