[ad_1] The Securities and Exchanges Board of India (SEBI), on Sunday, March 2, announced that they will initiate appropriate legal action over the corruption court order, which involves an allegation of involvement of SEBI’s ex-Chief Madhabi Puri Buch and five other officials into an irregularity in granting listing permission to a firm, according to an…
[ad_1] Tuhin Kanta Pandey took over as the 11th chairperson of the Securities and Exchange Board of India (Sebi) on Saturday afternoon, marking a significant transition at the helm of the market regulator. Pandey’s appointment comes when the Indian capital markets face significant challenges, with foreign institutional investors (FII) withdrawing over âš1 trillion since the…
[ad_1] India’s new Unified Investor App consolidates a wide range of investment information previously scattered across multiple sources into a single, convenient platform, Madhabi Puri Buch, chairperson of the Securities and Exchange Board of India (Sebi) said. The app, jointly made by depositories CDSL and NSDL, empowers investors by giving them access to detailed insights…
[ad_1] Two former chairmen of the Securities and Exchange Board of India (Sebi) have, over the last four months, called for studying the impact of regulation, so that it can be factored into decision-making. M. Damodaran, speaking at the recent Mint BFSI summit, argued that Sebi must convey the rationale of its decisions effectively because…
[ad_1] Mumbai: In a fresh salvo against Madhabhi Puri Buch, the Congress party has alleged that the chair of the Securities and Exchange Board of India earned rental income from an associate firm of Wockhardt Ltd that was investigated for insider trading last year. The principal opposition party claimed that Buch received about âš2.17 crore…
[ad_1] To whom should Buch make this explanation? Who is institutionally responsible for holding her, or the head of any other statutory regulatory body, for that matter, to account? The realistic answer is piquantly vague, rather than definitive. This must change. Regulators should be accountable to parliamentary standing committees on relevant subjects. The Securities and…
[ad_1] What is striking is the reaction of people asking for a joint parliamentary committee, special investigation team, Supreme Court-led probe, etc, without questioning the veracity of the charges. This response seems reflective of a colonial mindset that doesnât seem to have gone away even 75 years after Indiaâs independence. The quick acceptance of the…
[ad_1] Hereâs a quick look at stocks likely to be in focus in today’s trade. ICICI Bank: ICICI Bank has refuted allegations of paying salary or granting stock options to SEBI Chairperson and former employee Madhabi Puri Buch. This statement follows claims by Indian National Congress spokesperson Pawan Khera, who alleged that Buch received âš16.8…
[ad_1] Congress general secretary and MP Jairam Ramesh on Monday questioned Prime Minister Narendra Modi about allegedly protecting the Sebi chairperson Madhabi Puri Buch after the Hindenburg report revelations. He posed a set of questions for PM Modi on his official X handle and said that the âlatest revelation of shocking malpractice has come to…
[ad_1] Rahul Gandhi, Leader of Opposition in Lok Sabha, slammed Prime Minister Narendra Modi for the UPSC lateral entry job notification to fill 45 posts in different ministries of central government. Congress leader took to X (formerly Twitter) to claim that PM Modi was favouring recruits with affiliations to the Rashtriya Swayamsevak Sangh (RSS). âNarendra…
