Articles for tag: Attempts, Board, Burman, Conflict, Family, Fierce, Oust, Rashmi, reappointment, Religare, Rising, Salujas, Sparks, Tensions

Market News

Rashmi Saluja’s reappointment sparks fierce board conflict as Burman family attempts to oust her amidst rising tensions at Religare.

Rashmi Saluja’s reappointment sparks fierce board conflict as Burman family attempts to oust her amidst rising tensions at Religare.

Rashmi Saluja has been reappointed as a director of Care Health Insurance, a subsidiary of Religare Enterprises, with strong support from shareholders. Despite a challenge from the Burman family, who own a significant stake in Religare and wish to remove Saluja, the company confirmed she will stay on. Care Health’s board received legal advice indicating ...

Market News

Sebi Chairperson Madhabi Puri Buch faces conflict of interest allegations as the board meets to discuss tightening trading regulations.

Sebi Chairperson Madhabi Puri Buch faces conflict of interest allegations as the board meets to discuss tightening trading regulations.

The Securities and Exchange Board of India (Sebi) board is meeting today, September 30, 2024, amid conflict of interest allegations against Chairperson Madhabi Puri Buch from Hindenburg Research and the Congress party. These allegations include trading on unpublished price-sensitive information and potential financial ties to the Adani Group. During the meeting, Sebi may address regulatory ...

Market News

Amidst shifting alliances, India’s Jaishankar and Russia’s Lavrov strategize on regional stability and the complex Ukraine conflict at UNGA79.

Amidst shifting alliances, India’s Jaishankar and Russia’s Lavrov strategize on regional stability and the complex Ukraine conflict at UNGA79.

External Affairs Minister S Jaishankar met with his Russian counterpart Sergey Lavrov to discuss bilateral cooperation and pressing regional issues. This meeting took place during the 79th UN General Assembly and followed Prime Minister Narendra Modi’s recent discussions with Ukrainian President Volodyr Zelenskyy. The dialogue focused on key topics such as preparations for the upcoming ...

Market News

Hezbollah vows intensified conflict with Israel, promising devastation in response to losses, as tensions escalate following a drone strike.

Hezbollah vows intensified conflict with Israel, promising devastation in response to losses, as tensions escalate following a drone strike.

Hezbollah’s deputy leader, Naim Kassem, has declared an ongoing conflict with Israel, signifying a new phase in their hostilities. Speaking at the funeral of a top Hezbollah commander, Kassem expressed that both sides will suffer, warning that Israel’s northern regions could face increased hardships. He mentioned that Hezbollah has lost several senior military leaders recently ...

Market News

Ukrainian drones devastate Russian arms depots as Zelenskyy prepares a pivotal victory plan for U.S. support amidst escalating conflict.

Ukrainian drones devastate Russian arms depots as Zelenskyy prepares a pivotal victory plan for U.S. support amidst escalating conflict.

Ukrainian President Volodymyr Zelenskyy is pushing for increased support from the United States ahead of his upcoming visit to Washington, where he plans to present a comprehensive “victory plan” to President Biden. This comes after a significant Ukrainian drone attack targeted Russian arms depots, destroying thousands of tons of weaponry, including North Korean missiles. Zelenskyy ...

Market News

Hezbollah faces escalating tensions with Israel after deadly pager explosions, igniting fears of a wider Middle East conflict.

Hezbollah faces escalating tensions with Israel after deadly pager explosions, igniting fears of a wider Middle East conflict.

Hezbollah has faced a surge in tension with Israel after hand-held radios it uses detonated in Lebanon, following a series of pager explosions that injured nearly 3,000 people, including members of the militant group. This attack marked a significant escalation in the ongoing conflict between Hezbollah and Israel. As a result, Hezbollah launched a rocket ...

Market News

Youth Congress demands resignation of Sebi chairperson Madhabi Puri Buch amid allegations of conflict of interest; protests lead to detentions.

Youth Congress demands resignation of Sebi chairperson Madhabi Puri Buch amid allegations of conflict of interest; protests lead to detentions.

Youth Congress activists protested outside the Sebi office in Mumbai, calling for a probe into allegations against Sebi chairperson Madhabi Puri Buch and demanding her resignation. The demonstration followed claims from Hindenburg Research, which alleged conflicts of interest related to Puri Buch’s past investments and her connections with companies like ICICI and Mahindra Group. Activists, ...

Market News

Sebi Chairperson Madhabi Puri Buch faces conflict of interest allegations as the board meets to discuss tightening trading regulations.

Congress alleges Sebi Chairperson Madhabi Puri Buch traded sensitive securities worth ₹36.96 crore, sparking a dramatic conflict of interest scandal.

The Congress party has intensified its criticism of Madhabi Puri Buch, the chairperson of the Securities and Exchange Board of India (Sebi), claiming she traded nearly Rs 36.96 crore in securities while in her position, potentially violating ethical codes. Congress leader Pavan Khera raised concerns about Buch’s investments in foreign funds, including several Chinese ETFs, ...

Market News

Madhabi Puri Buch’s absence amid conflict of interest allegations overshadows SEBI’s push for green financing and infrastructure developments.

Madhabi Puri Buch’s absence amid conflict of interest allegations overshadows SEBI’s push for green financing and infrastructure developments.

Madhabi Puri Buch, the chairperson of SEBI, was expected to speak at a National Bank for Financing Infrastructure and Development event but did not attend. Instead, Pramod Rao, a SEBI executive director, highlighted green financing and the debt Market. Buch’s absence coincided with ongoing conflict of interest allegations from the Congress party, with her remaining ...

Market News

Israeli airstrikes in Gaza and the West Bank escalate violence, tragically killing civilians and stalling international cease-fire efforts amid ongoing conflict.

Israeli airstrikes in Gaza and the West Bank escalate violence, tragically killing civilians and stalling international cease-fire efforts amid ongoing conflict.

In recent days, Israeli airstrikes have escalated in Gaza and the West Bank, resulting in significant civilian casualties and destruction. An attack on a UN school sheltering displaced families killed at least 14 people, including women and children. The ongoing conflict has now entered its 11th month, with over 41,000 Palestinians reported dead. Israel claims ...

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