Articles for tag: Arvind, Bail, Bid, Charges, Corruption, Faces, Governance, Kejriwals, Riddled, Scrutiny, Sink, Swim

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

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 ...

Market News

Modi’s UAE Pact: Energy Boost or Politically Charged Play? Leaders Dance Amid Global Crises and Public Scrutiny!

India and the United Arab Emirates (UAE) have strengthened their energy cooperation by signing four agreements during Prime Minister Narendra Modi’s meeting with Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan. Key agreements include a long-term LNG supply deal between Abu Dhabi National Oil Company (ADNOC) and Indian Oil Corporation, along ...

Market News

SEBI faces intense scrutiny over alleged regulatory failures in the Adani scandal, while its chairman denies implications of impropriety.

SEBI faces intense scrutiny over alleged regulatory failures in the Adani scandal, while its chairman denies implications of impropriety.

The Congress party has criticized the Securities and Exchange Board of India (Sebi) for its ongoing investigation into the Adani Group, claiming it has stalled without resolution. This comes after two Mauritius-based foreign portfolio investors petitioned the Securities Appellate Tribunal for relief from new Sebi regulations concerning foreign investments. Congress leader Jairam Ramesh alleges that ...

Market News

Bangladesh Triumphs in Historic Test as Pakistan’s Unity Faces Scrutiny

Bangladesh Triumphs in Historic Test as Pakistan’s Unity Faces Scrutiny

In a recent match, Bangladesh celebrated a significant victory over Pakistan, with Shadman Islam and Zakir Hasan congratulating Pakistani players in Rawalpindi. Amidst this, Pakistan’s captain, Shan Masood, addressed rumors of a rift with pacer Shaheen Shah Afridi, who was absent in the second Test. The speculations arose from a video where Shaheen appeared to ...

Market News

Sebi Chief Buch Faces Scrutiny Amid Allegations of Salary Violations

Sebi Chief Buch Faces Scrutiny Amid Allegations of Salary Violations

Securities and Exchange Board of India (Sebi) chief Madhabi Puri Buch has found herself in the spotlight as ICICI Bank clarified that she has not received any salary or employee stock options since her retirement. This comes after the Congress party accused her of possibly violating rules by drawing a salary while serving as Sebi’s ...

Market News

ICICI Securities Delisting Sparks Controversy Amid Regulatory Scrutiny and Shareholder Outcry

ICICI Securities Delisting Sparks Controversy Amid Regulatory Scrutiny and Shareholder Outcry

ICICI Bank’s plan to acquire its subsidiary, ICICI Securities, has sparked controversy among shareholders and drawn scrutiny from India’s Market regulator, SEBI. Discontent stems from the waiver of SEBI’s rules about compensating minority investors during the delisting process. A recent class-action suit alleges that the merger terms favor the bank and could cause significant losses ...

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