Articles for tag: Allegations, Buch, Chairperson, Conflict, Congress, Faces, Hindenburg, Interest, Madhabi, Puri, Research, Scrutiny, SEBI

September 11, 2024

Sebi Chairperson Madhabi Puri Buch faces serious allegations of conflict of interest amid scrutiny from Hindenburg Research and Congress.

Hindenburg Research has criticized Madhabi Puri Buch, the chairperson of the Securities and Exchange Board of India (Sebi), for her silence regarding allegations against her. The Congress party accused Buch and her husband of receiving funds from companies regulated by Sebi during her tenure. Allegedly, Buch’s consulting firm received payments from major firms like Mahindra ...

September 8, 2024

Market News

Business

Amidst rising maritime tensions, India’s Jaishankar engages GCC leaders in Riyadh, aiming for stronger trade and cooperation amidst global conflict.

External Affairs Minister S Jaishankar arrived in Riyadh, Saudi Arabia, on September 8, 2024, for the First India-Gulf Cooperation Council (GCC) Foreign Ministers’ Meeting. Welcomed by Saudi officials, Jaishankar expressed his gratitude for the warm reception. During his two-day visit, he will hold bilateral discussions with foreign ministers from GCC countries, focusing on strengthening the ...

September 6, 2024

Market News

Business

Congress accuses SEBI chairperson Madhabi Puri Buch of conflict of interest amid insider trading investigations, sparking controversy and protests.

The Congress party has accused Madhabi Puri Buch, the chairperson of the Securities and Exchange Board of India (SEBI), of potential conflict of interest. They claim she earned Rs 2.16 crore in rental income from Carol Info Services, linked to Wockhardt, while overseeing investigations into the company for insider trading violations. The opposition raised concerns ...

September 6, 2024

Market News

Business

Congress accuses Sebi Chairperson Madhabi Buch of corruption and conflict of interest amid ongoing investigations into insider trading cases.

The Congress party has accused Sebi Chairperson Madhabi Puri Buch of conflict of interest due to her rental income from a company linked to ongoing insider trading investigations. Jairam Ramesh, Congress general secretary, questioned Prime Minister Modi on the need for transparency in the capital markets. Pawan Khera, another Congress leader, revealed that Buch received ...

September 5, 2024

Market News

Business

The U.S. encourages global allies, including India, to help resolve the escalating Ukraine conflict and support a just peace.

The United States has expressed its openness to any nation that wants to assist in ending the ongoing conflict in Ukraine, according to National Security Council adviser John Kirby. His comments followed President Biden’s phone call with Indian Prime Minister Narendra Modi, who recently visited both Ukraine and Moscow. Kirby emphasized that any effort to ...

September 1, 2024

Market News

Business

Drone Warfare Escalates: Ukraine Strikes Deep into Russian Territory Amid Intensified Conflict

The ongoing Russia-Ukraine conflict intensified recently as Russian air defenses intercepted 158 Ukrainian drones, including two over Moscow. This marks a significant escalation, with Ukraine increasingly targeting areas deep within Russia, including oil refineries. The fighting has spread into Russian territory, especially near the Kursk, Bryansk, Voronezh, and Belgorod regions. In response, Russian forces claimed ...