Articles for tag: Alleges, Buch, Chairperson, Conflict, Congress, Crore, Dramatic, Interest, Madhabi, Puri, Scandal, SEBI, securities, Sensitive, Sparking, Traded, Worth

September 14, 2024

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, ...

September 2, 2024

Market News

Business

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 ...

May 8, 2024

Market News

Business

Tesla Autopilot Under Investigation for Fraud – US Prosecutors Targeting Securities Violations

US prosecutors are ramping up their investigation into Tesla’s Autopilot technology, focusing on potential securities and wire fraud. The probe aims to determine if the company misled investors about the capabilities of its self-driving system. Stay tuned for more updates on this developing story. Click to Claim Latest Airdrop for FREE Claim in 15 seconds ...