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[ad_1] New Delhi: The Congress on Saturday expressed apprehension over the SEBI’s six-month extension request to probe the alleged stock market manipulation of Adani group shares, saying it hopes it was not an effort to bury the “scam.” AICC general secretary Jairam Ramesh said the Securities and Exchange Board of India has asked for a…
[ad_1] Gautam Adani [Image credit: twitter/AJEnglish] Mumbai: Sebi Chairperson Madhabi Puri Buch on Wednesday said the regulator will not comment on the Adani issue and that the matter is sub-judice. In the wake of a report by the New York based short-seller Hindenburg Research on the Adani group in January, there was a steep fall…
[ad_1] New Delhi: Markets regulator Sebi on Wednesday approved a slew of proposals, including ending the practice of individuals holding permanent directorship at boards of listed companies and putting in place a framework to prevent frauds by stock brokers. The proposals were cleared by the board of the Securities and Exchange Board of India (Sebi)…
[ad_1] New Delhi: Congress MPs on Wednesday sought examining of SEBI and RBI chiefs, officials of the Ministry of Corporate Affairs and other regulatory bodies by a parliamentary panel on finance to ascertain whether there were any failures on their part on the Adani issue. Manish Tewari of the Congress raised the demand during a…
[ad_1] All stocks belonging to the Adani group — including Adani Enterprises (ADANIENT), Adani Ports (ADANIPORTS), Adani Power (ADANIPOWER), Adani Transmission (ADANITRANS) and Ambuja Cements (AMBUJACEM) — suffered steep losses on Wednesday, in more pain for investors amid a crisis at the embattled conglomerate. In order to restore confidence among investors, Adani Group is taking…
[ad_1] New Delhi: Senior Congress leader Jairam Ramesh has written to the Reserve Bank of India (RBI) Governor Shaktikanta Das and Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch and sought an investigation into allegations of financial irregularities and stock manipulation against the Adani Group. In his letter to Das posted on…
[ad_1] Gautam Adani The Supreme Court instructed the Centre and SEBI to submit a report on the regulatory regime and steps taken in the aftermath of the Hindenburg-Adani issue, setting Monday as the day for hearing the case. The court has urged the government and SEBI to provide information by Monday on the causes of…
[ad_1] New Delhi: Amid a raging controversy over a meltdown in Adani group stocks, regulator Sebi on Saturday said it is committed to ensuring the stock market’s integrity and all necessary surveillance measures are in place to address any excessive volatility in individual shares. Without naming the Adani group specifically, the capital markets watchdog said…