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Sensex shrugs off Hindenburg charge, Adani stocks dip
Credit: IndiaTimes- Published on August 12, 2024
On Monday, the Sensex dipped marginally by 57 points, closing at 79,649. This drop came as investors largely dismissed Hindenburg Research's report on a conflict of interest involving Sebi chief Madhabi Puri Buch in the Adani Group probe. Some Adani stocks fell, but not as severely as in early 2023. Despite foreign fund outflows,...
Video credit: Oneindia
Published on August 10, 2024 - 03:35
Hindenburg Strikes Again: New Report Says SEBI Chief Had Stake in Adani’s Offshore Deals| Watch
Hindenburg Research's latest report alleges that SEBI Chairperson Madhabi Buch and her husband held stakes in offshore entities linked to the Adani money siphoning scandal. Based on whistleblower documents, the report claims the couple opened an account with IPE Plus Fund 1 in Singapore in 2015, declaring their net worth at $10 million. These allegations suggest a potential conflict of interest, as the entities reportedly use the same complex structure as those associated with Vinod Adani, raising questions about regulatory oversight.
#MadhuriBuch #GautamAdani #AdaniAmbani #HindenburgReport #SEBI #SEBIScandal #Hindenburgnews #Adani #Oneindia #Oneindianews
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