The party has alleged Madhabi Buch earned from her ex-employer ICICI while working with SEBI. The bank’s denial, according to Pawan Khera, was ‘confirmation’ of its charges.
Congress says Madhabi Puri Buch drew income of Rs 16.80 cr from former employer ICICI Bank even while she was SEBI’s whole-time director and, later, chief.
Following an investigation, SEBI found several serious discrepancies and lapses in the way Ambani’s company Reliance Home Finance had disbursed loans, including to related parties.
The market regulator charged them with diversion of funds; also fined Ambani $3 million for orchestrating a scheme to ‘siphon off’ funds from Reliance Home Finance Ltd.
Adani Group companies experienced a decline of up to 4 percent Monday, with Adani Wilmar being the biggest loser, dropping by 4.1 percent to close at Rs 369.35.
Hindenburg's allegations 'baseless' & 'devoid of any truth', say SEBI chairperson Madhabi Puri Buch and her husband. Congress calls for joint parliamentary committee to investigate issue.
Hindenburg claims SEBI chair Madhabi Puri Buch & husband invested in offshore entities that were allegedly part of a fund structure in which Gautam Adani’s brother also had investments.
Rapid rise in number of retail traders in derivatives has SEBI, RBI & experts concerned. Despite massive losses & risk, investors are using savings or taking loans in the hope of profits.
Islamabad-based think-tank PICSS's new report says Pakistan saw 'pronounced escalation' in violence last year, with 3,413 conflict-related deaths compared to 1,950 in previous year.
UK, EFTA already in the bag and EU on the way, almost every member of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade.
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