"madhabi-puri-buch"

Says Sebi investigation began in April 2024 during her tenure; calls media allegations of regulatory failure “unfortunate”

The Lokpal said that the complaints, including the one by TMC MP Mahua Moitra, filed last year were essentially founded on the report “by a known short seller trader whose focus was to expose or corner Adani Group of Companies”

Sebi Chairman Tuhin Kanta Pandey’s decision to constitute high-level committee to review provisions relating to conflicts of interest, disclosures and other matters was necessary to restore regulator’s credibility

US-based short seller Hindenberg had made allegations against Pandey’s predecessor Madhabi Puri Buch circling around potential conflicts of interest based on whistleblower documents

Bombay High Court stays special court order directing FIR against ex-Sebi chairperson Madhabi Puri Buch and five other officials for alleged stock market fraud and regulatory violations

A special court had directed ACB to register an FIR against Buch, Bombay Stock Exchange MD Sundararaman Ramamurthy and others for alleged stock market fraud and regulatory violations

A special court on March 1 directed the ACB to register an FIR against Buch and the others for alleged stock market fraud and regulatory violations

The 1987-batch Odisha-cadre Indian Administrative Service (IAS) officer, Pandey, would replace Madhabi Puri Buch, whose three-year term ends on February 28

The tenure of India’s first woman Sebi chief saw heightened controversy, when she battled a series of allegations by Hindenburg and the Congress, while simultaneously dealing with in-house employee protests against ‘toxic work culture’

Pandey will replace Madhabi Puri Buch, who completes her three-year tenure on February 28

Buch’s tenure saw heightened controversy last year when employees of Sebi protested against ‘toxic work culture’, besides a series of allegations by short-seller Hindenburg and Congress

The committee's proceedings remained stalled during its second sitting, where the TRAI chairperson made a brief appearance. NDA members continued to press for a vote on agenda items, including summoning the heads of regulatory bodies, a proposal that faced opposition from Congress MPs and their allies.

CM Revanth Reddy joined a protest against "Adani Group looting the nation's wealth," after signing investment deals with the group at Davos

The BJP MP from Mandi, in a post on X, criticized Rahul Gandhi, accusing him of condemning the government over a ‘malicious’ report because he couldn't attain the Prime Minister's position. "Rahul Gandhi is the most dangerous man. He is bitter, poisonous, and destructive. His agenda is clear: if he can't be the Prime Minister, he might as well bring down this nation," she wrote in her social media post.

On the BSE, Adani Energy Solutions fell 17%, Adani Total Gas dropped 13.39%, NDTV plunged 11%, and Adani Power declined 10.94%. Other notable declines included Adani Green Energy at 6.96%, Adani Wilmar at 6.49%, Adani Enterprises at 5.43%, Adani Ports at 4.95%, Ambuja Cements at 2.53%, and ACC at 2.42%.

Says allegations are no more than red herrings thrown by desperate entity with total contempt for Indian laws

Say it is unfortunate that short-seller, against whom Sebi has taken action and issued show cause notice, has chosen to attempt character assassination in response