Articles for tag: Accuses, Buch, Chairperson, Conflict, Congress, Controversy, Insider, Interest, Investigations, Madhabi, Protests, Puri, SEBI, Sparking, Trading

September 6, 2024

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 ...