'Discredited short-seller, recycled claims': Adani Group on Hindenburg's new report
Aug 11, 2024, at 08:30 pm
Mumbai: The Adani Group has dismissed the latest report from the US-based short-seller Hindenburg Research, calling it "recycled claims" that had previously been "proven baseless and dismissed by the Supreme Court." The ports-to-power conglomerate stated that the allegations were driven by personal gain, with no regard for facts or the law.
SEBI Chief rubbishes Hindenburg Report: 'Attempt at character assassination'
Aug 11, 2024, at 06:58 pm
Mumbai: SEBI Chairman Madhabi Puri Buch and her husband Dhaval Buch have firmly dismissed the latest report from Hindenburg Research, labelling it as "baseless allegations and insinuations."
Aug 11, 2024, at 06:29 am
Mumbai: The US-based short-seller firm Hindenburg Research on Saturday claimed that whistleblower documents reveal Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch had an interest in the obscure offshore entities implicated in the "Adani money siphoning scandal."
SEBI proposes to expand the definition of 'connected persons' in insider trading
Jul 31, 2024, at 03:31 am
Mumbai: Capital markets regulator Securities and Exchange Board of India (SEBI) has issued a consultation paper proposing to expand the scope of insider trading regulations to include more individuals, even those who may have unofficial connections with company officials who possess price-sensitive information, media reports said.
SEBI study finds married traders outperform single traders in profit-making
Jul 29, 2024, at 08:23 pm
Mumbai/IBNS: An extensive analysis of intraday trading patterns conducted by the Securities and Exchange Board of India (SEBI) has revealed a surprising correlation between trading performance and relationship status.
SEBI bars fugitive businessman Vijay Mallya from trading in securities market
Jul 27, 2024, at 05:56 am
Mumbai: The Securities and Exchange Board of India (SEBI) has banned fugitive businessman Vijay Mallya from accessing the securities market for three years, media resports said.
SEBI committee proposes stricter measures to curb derivatives volume: Report
Jul 11, 2024, at 07:26 pm
New Delhi/IBNS: The Working Committee on Futures and Options of the Securities and Exchange Board of India (SEBI) has proposed several stricter measures to control the rapid rise in derivatives trading volume, reports said.
Jul 11, 2024, at 05:48 am
Mumbai: The Secondary Market Advisory Committee (SMAC) formed by the Securities and Exchange Board of India (SEBI) is scheduled to meet on July 15 to review recommendations from an expert panel focused on futures and options, NDTV profit reported.
Jul 08, 2024, at 03:17 am
Mumbai: US-based short seller Hindenburg Research shared an early access copy of its report against the Adani Group of companies with New York-based hedge fund manager Mark Kingdon, two months before its publication, allowing realisation of profits from the share price movement, according to the Securities and Exchange Board of India (SEBI), media reported.
SEBI issues new guidelines to enhance credit rating agency operations
Jul 06, 2024, at 03:29 am
Mumbai: The Securities and Exchange Board of India (SEBI) has issued updated directives to streamline processes and improve business efficiency for credit rating agencies, media reported.
Set up institutional mechanism to tackle fraud, market abuse: SEBI directs stockbrokers
Jul 05, 2024, at 08:24 pm
New Delhi/IBNS: Aiming to instil confidence in the securities market, the regulatory body for securities and commodity market in the country, Securities and Exchange Board of India (SEBI), has directed stockbrokers to establish an institutional mechanism to detect and prevent fraud and market abuse.
Jul 05, 2024, at 07:42 pm
New Delhi/IBNS: Senior lawyer Mahesh Jethmalani, in a stunning claim that he has called a "smoking gun", has alleged that a businessman with Chinese links had commissioned the report by short-seller Hindenburg Research which led to shares of Adani Group companies taking a hit, reports NDTV.
Stock gaming apps in trouble after SEBI circular: Report
Jul 03, 2024, at 03:00 am
Mumbai: Nearly half a dozen startups related to stock gaming are either shutting down, pausing operations, or considering a pivot a week after the Securities and Exchange Board of India (SEBI) banned such services, media reported.
Jul 02, 2024, at 11:40 pm
Mumbai: The Kotak Mahindra group stated that Hindenburg Research was never a client of its K-India Opportunities Fund (KIOF) or Kotak Mahindra International Ltd (KMIL) and that the fund was unaware of the US short seller being a partner of any of its investors, Moneycontrol reported.
Jul 02, 2024, at 10:38 pm
New Delhi: Hindenburg Research criticised India’s market regulator for not addressing the alleged fraud in its report on the Adani Group from early last year, stating it gained just over $4 million from the short-selling event that led to a massive market downturn for the conglomerate, Bloomberg reported.
SEBI allows NRI, OCI participation in IFSC-based FPIs to bolster investments in India
Jun 28, 2024, at 11:17 pm
Mumbai: The Securities and Exchange Board of India (SEBI) has approved major changes to enhance investments in India by Foreign Portfolio Investors (FPIs) based in International Financial Services Centres (IFSCs), media reported.
SEBI fines former CNBC Awaaz anchor, technical analyst for engaging in fraudulent trading practices
Jun 12, 2024, at 07:13 pm
New Delhi/IBNS: The Securities and Exchange Board of India (SEBI), the regulatory body for securities and commodity market in the country, on Tuesday (June 11) imposed a fine of Rs 1 crore each on former CNBC Awaaz markets editor Pradeep Pandya and technical analyst Alpesh Vasanji Furiya for engaging in fraudulent trading practices, reports said.
SEBI cracks down on gaming apps offering virtual trading services, fantasy games
May 27, 2024, at 08:41 pm
Mumbai/IBNS: The Securities and Exchange Board of India (SEBI) is cracking down on gaming apps offering virtual trading services and fantasy games based on the movement of real-time share prices of listed companies, which have mushroomed over the past few years in the wake of high retail investor appetite for stock trading, reports said.
SEBI issues framework to manage stock impact emerging from market rumours
May 22, 2024, at 07:01 pm
New Delhi/IBNS: The Securities and Exchange Board of India (SEBI) has issued fresh guidelines to manage the stock market impact arising out of market impacts, according to reports.
Sebi rejects NSE's market trading hour extension proposal citing lack of consensus
May 07, 2024, at 07:09 pm
Mumbai/IBNS: The Securities and Exchange Board of India (Sebi) has rejected the proposal of the National Stock Exchange (NSE) to extend the trading hours due to a lack of consensus among stockbrokers, reports said.
6 Adani Group companies get show-cause notices from SEBI
May 04, 2024, at 06:26 am
Mumbai: Six Adani Group companies have informed the stock exchanges about receiving show-cause notices from the Securities and Exchange Board of India (SEBI) for alleged violations related to party transactions, listing rules non-compliance, and auditor certificate validity in previous instances, media reports said.
SEBI cracks whip on finfluencer Ravindra Balu Bharti, orders to return Rs 12 cr
Apr 07, 2024, at 11:04 pm
Mumbai: Market regulator Securities and Exchange Board of India (SEBI) has taken strong action against a financial influencer (finfluencer) and ordered him to return unlawfully obtained gains totalling over Rs 12 crore, media reports said.
LIC fires employee banned by SEBI in front-running case
Mar 21, 2024, at 06:29 am
Mumbai: Insurance behemoth Life Insurance Corporation of India (LIC), a government-owned entity, said on Wednesday that it terminated the employment of a worker banned by the Securities & Exchange Board of India (SEBI) for involvement in a front-running incident, according to a stock market filing.
Mar 14, 2024, at 08:20 am
Mumbai: Vedanta Ltd on Wednesday said it will challenge stock market regulator SEBI’s Rs 77.6 crore penalty for delay in dividend payment to its former shareholder Cairn Energy.
CDSL introduces multi-lingual initiatives for ease of doing business for investors
Jan 20, 2024, at 08:06 am
Mumbai: Central Depository Services (India) Limited (CDSL), Asia's first listed depository, has launched two unique multi-lingual initiatives for ease of doing business for investors.
Jan 03, 2024, at 06:37 pm
In a big boost to the Adani group, the Supreme Court on Wednesday refused to interfere with the Indian securities market regulatory body Securities and Exchange Board of India (SEBI) after a clutch of petitions were filed seeking probe by alternative agency into allegations of fraud against Adani Group of companies in the Hindenburg Research report.
Adani-Hindenburg issue: Supreme Court to deliver verdict on petitions on Jan 3
Jan 03, 2024, at 04:19 am
New Delhi: The Supreme Court is set to deliver its verdict on a string of petitions seeking a court-monitored investigation into allegations related to the Adani-Hindenburg issue on January 3, media reported.
Adani-Hindenburg case: SC withholds judgment, indicates it would give directions to SEBI
Nov 25, 2023, at 02:37 am
New Delhi: The Supreme Court on Friday withheld its decision on the Adani-Hindenburg row, and Chief Justice of India (CJI) DY Chandrachud suggested that directives may be issued to the Securities and Exchange Board of India (SEBI) as part of the resolution, Moneycontrol reported.
SEBI modifies offer document format of mutual fund schemes
Nov 02, 2023, at 02:04 am
Mumbai: In order to enhance the efficient dissemination of relevant information to investors, the Securities and Exchange Board of India (SEBI) has modified the format that asset management companies (AMCs) use for submitting offer documents of mutual fund schemes.
SEBI bans finfluencer 'Baap of Chart'; orders to return Rs 17.2 cr
Oct 27, 2023, at 04:36 am
Mumbai: The Securities and Exchange Board of India (SEBI) on Wednesday prohibited a well-known social media influencer from engaging in securities trading and ordered him to reimburse Rs 17.2 crore collected from his followers, Bloomberg reported.