Articles for tag: Allegations, Buch, Calls, Chairperson, Conflicts, Employee, Faces, Hindenburg, internal, Madhabi, Puri, Research, Resignation, SEBI

September 13, 2024

Sebi Chairperson Madhabi Puri Buch faces calls for resignation amid allegations from Hindenburg Research and internal employee conflicts.

Securities and Exchange Board of India (Sebi) Chairperson Madhabi Puri Buch is facing calls for resignation amid employee conflicts and allegations made by Hindenburg Research, which she denies. These claims surfaced after Sebi’s investigation into Hindenburg’s accusations against the Adani group, which the group has also refuted. The situation highlights the importance of integrity and ...

September 13, 2024

Market News

Politics

Compassion or Cover-Up? Mamata Banerjee Faces Backlash After Promising Payout for Deaths Amid Protests Over Unaddressed Doctor’s Strike.

West Bengal Chief Minister Mamata Banerjee announced a compensation of Rs 2 lakh each for the families of 29 individuals who died due to disruptions in medical services caused by a doctors’ strike. The protest started on August 9, following the tragic rape and murder of a junior doctor, igniting nationwide outrage. Banerjee expressed her ...

September 12, 2024

Market News

Politics

Will Arvind Kejriwal’s Bid for Bail Sink or Swim? Riddled Governance Faces Scrutiny Amidst Corruption Charges!

On September 13, 2024, the Supreme Court will issue its ruling on Delhi Chief Minister Arvind Kejriwal’s appeals for bail and to contest his arrest by the CBI in relation to the excise policy corruption case. Following his arrest on June 26, Kejriwal filed two petitions challenging the denial of bail and the legality of ...

September 12, 2024

Market News

Business

In a dramatic antitrust trial, Google faces allegations of intent to monopolize advertising, showcasing internal ambitions to “crush” competitors.

In its ongoing antitrust trial, Google faces allegations from the U.S. Department of Justice that it aimed to dominate the online advertising Market. Evidence presented includes statements from David Rosenblatt, Google’s former president of display advertising, who suggested the company’s goal in 2009 was to “crush” competing networks. Google argues it deals with significant competition ...

September 11, 2024

Market News

Politics

Rahul Gandhi Declares Indian Democracy ‘Fighting Back’ After a Decade of Disarray as Modi’s Rule Faces Reckoning

Rahul Gandhi, the Leader of Opposition, has voiced concerns about the state of democracy in India, claiming it has been “broken” for the last decade but is now beginning to recover. Speaking at a news conference, he expressed that the democratic framework has faced significant challenges, including political maneuvering and financial constraints. Gandhi highlighted that ...

September 11, 2024

Market News

Business

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 10, 2024

Market News

Business

IndiGo faces drama as passengers eat on the tarmac; BCAS fines reduced from ₹1.2 crore to ₹70 lakh post-appeal.

IndiGo Airlines has paid a reduced penalty of Rs 70 lakh imposed by the Bureau of Civil Aviation Security (BCAS) following an incident on January 14, 2024, where passengers left an aircraft and sat on the tarmac at Mumbai airport, some even eating food. Initially, BCAS fined the airline Rs 1.2 crore for the breach ...

September 10, 2024

Market News

Business

Madhabi Puri Buch faces allegations of favoritism, with political tension escalating between Congress and Mahindra over supposed conflicts of interest.

Mahindra & Mahindra (M&M) has denied Congress party’s allegations that it paid Dhaval Buch, husband of Madhabi Puri Buch, chairperson of the Securities and Exchange Board of India (Sebi), for preferential treatment from the regulator. Congress claims Dhaval received Rs 4.78 crore from M&M between 2019 and 2021, coinciding with Sebi’s scrutiny of the company. ...

September 9, 2024

Market News

Business

Google faces a dramatic antitrust lawsuit threatening its ad tech dominance, following a prior ruling declaring its search engine a monopoly.

One month after a judge ruled that Google’s search engine operates illegally as a monopoly, the tech giant is facing another antitrust lawsuit concerning its advertising technology. The U.S. Justice Department claims that Google maintains a monopoly by controlling both sides of the advertising transaction, which leads to higher fees for publishers and advertisers. As ...

September 9, 2024

Market News

Business

Bavarian Nordic faces pressure to lower mpox vaccine prices as African nations struggle to afford costly shots amidst rising outbreaks.

Bavarian Nordic A/S’s mpox vaccine pricing is becoming a major hurdle in securing millions of doses for African nations facing health crises. With the price set at around $100 to $141 per dose, it far exceeds what many African countries can afford, especially given ongoing health challenges like cholera and malaria. As UNICEF and other ...