SEBI Chief's Conflict of Interest in Inconclusive Adani Probe Is Now Out in the Open; RSS Batting for Caste System
Thatcher, Chandraswami and I: Natwar Singh's hilarious account of a 1975 meeting; Sikhs in US and Canada, including legislators, face targeted harassment
A newsletter from The Wire | Founded by MK Venu, Seema Chishti, Siddharth Varadarajan, Sushant Singh, Sidharth Bhatia, Pratik Kanjilal and Tanweer Alam | Contributing writer: Kalrav Joshi, with additional inputs by Anirudh SK
Snapshot of the day
August 12, 2024
Siddharth Varadarajan
Eighteen months after it stunned the Adani group and the Modi government with a report alleging India’s biggest company had used improper means to boost its share value, Hindenburg Research has returned to fire a salvo at India’s market securities regulator, SEBI. In a press release made public on Saturday, the US-based short-seller said it had evidence that Securities Exchange Board of India chief Madhabi Puri Buch and her husband had made investments in the very offshore funds that had been linked to the Adani group in its 2023 report – and which SEBI was supposed to be probing. At issue is not the ‘legality’ of Buch’s investments. No one is accusing her of
Keep reading with a 7-day free trial
Subscribe to The India Cable to keep reading this post and get 7 days of free access to the full post archives.