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Updates: Sebi says Chairperson Buch made relevant disclosures from time to time

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Sebi

Sebi Chief Madhabi Buch and her husband Dhaval Buch Sunday released a statement and said that Hindenburg Research is attempting to attack credibility of Sebi. | Photo: Shutterstock

On Hindenburg Research allegations, Sebi said that its Chairperson Madhabi Buch made relevant disclosures from time to time.

Sebi Chief Madhabi Buch and her husband Dhaval Buch Sunday released a statement and said that Hindenburg Research is  attempting to attack credibility of Sebi and character assassination of its chief. Buchs say investment in IIFL Wealth Management Fund was made as private citizens, two years before Madhabi joined Sebi. 

K Natwar Singh died at Medanta Hospital in Gurugram, near Delhi, where he had been receiving treatment for a few weeks. Born in 1931 in Rajasthan's Bharatpur district, K Natwar Singh was a diplomat before he joined politics.

Rashtriya Rifles and Jammu and Kashmir (J-K) Police have initiated an operation in the Kapran Garol area of South Kashmir's Kishtwar range, following intelligence reports of terrorists infiltrating the region, officials said on Saturday.

Prime Minister Narendra Modi visited the Wayanad district, Kerala, where a deadly landslide occurred, killing over 400 people and injuring many others. He assured all help to those affected.

Bangladesh’s Chief Justice Obaidul Hassan had to resign on Saturday amid protests. Meanwhile, Hindus have demanded protection from the authorities as they are being attacked since the ouster of Sheikh Hasina.

The new Hindenburg report has claimed that Sebi chief Madhabi Buch had stake in Adani offshore entities, and hence, she didn’t take any action. However, Buch and her husband Dhaval Buch said in a statement that they strongly denied the “baseless allegations and insinuations made in the report”. 

11:06 PM

11 Bangladeshis held for infiltrating into three Indian states

The Border Security Force (BSF) has apprehended 11 Bangladeshis while they were trying to sneak into the Indian soil during a special drive on the International Borders along West Bengal, Tripura, and Meghalaya with the neighbouring country.
9:24 PM

Amarnath Yatra suspended on Baltal route after heavy rains in Jammu

The Amarnath Yatra was suspended on the Baltal route following heavy rains on Sunday, officials said. With this, the yatra stands suspended on both routes. The Pahalgam route was closed for maintenance work on Wednesday.
5:07 PM

Dhaval not associated with real estate side of private equity major Blackstone: Buchs

The statement said that Dhaval is not associated with real estate side of private equity major Blackstone. Buchs said that Madhabi's two consulting companies immediately became dormant on her appointment at Sebi.
5:06 PM

Investment in IIFL Wealth Management Fund was made as private citizens: Buchs

Sebi chief said in the statement that investment in IIFL Wealth Management Fund was made as private citizens, two years before Madhabi joined Sebi. Sebi chief further said that Hindenburg served notice for several violations; unfortunate it's not replying to notices but questioning Sebi's credibility
5:04 PM

Hindenburg attempting to attack credibility of Sebi, says Buch

Sebi chief Madhabi Buch and her husband Dhaval Buch said in a statement that Hindenburg Research is attempting to attack the credibility of Sebi.
4:03 PM

2 pilots injured as trainer aircraft crashes in MP's Guna district

Two pilots were injured after a trainer aircraft belonging to a private aviation academy crashed at an airstrip in Madhya Pradesh's Guna district on Sunday, a police official said. The two-seater Cessna 152 plane crashed at around 1.30 pm, possibly due to engine failure, after remaining airborne for 40 minutes, Guna Cantt police station in-charge Dileep Rajoria said.
3:11 PM

Israel broadens its evacuation orders after deadly strike on Gaza shelter

The Israeli military ordered more evacuations in southern Gaza early Sunday after a deadly airstrike on a school-turned-shelter in the north killed at least 80 Palestinians, according to local health authorities. Israel said it targeted a militant command post, killing at least 19 fighters.
1:25 PM

PM Modi releases 109 climate-resilient seed varieties to boost farm yield,nutrition

Prime Minister Narendra Modi on Sunday released 109 high-yielding, climate-resilient and biofortified seed varieties of agricultural and horticultural crops, aiming to enhance farm productivity and farmers' income. Developed by the Indian Council of Agricultural Research (ICAR), these varieties span 61 crops, including 34 field crops and 27 horticultural crops.

12:39 PM

Four killed in gunfight in Manipur's Tengnoupal

Four armed men were killed in a fratricidal shoot-out between militants and village volunteers of the same community in Manipur's Tengnoupal district, police said. A militant belonging to the United Kuki Liberation Front (UKLF) and three village volunteers of the same community were killed in the gunfight in Molnom area on Friday.
12:36 PM

'A red herring': Adani Group scraps Hindenburg's fresh allegations

The Adani group has denied the fresh allegations made by US-based short seller calling it a "red herring". In a statement to the stock exchanges on Sunday, an Adani group spokesperson said the latest allegations by Hindenburg are malicious, mischievous, and manipulative selections of publicly available information to arrive at pre-determined conclusions for personal profiteering with wanton disregard for facts and the law. 
12:19 PM

Global demand muted; gradual improvement expected in domestic market: TataMotors

Tata Motors expects demand to remain sluggish in overseas markets this fiscal while pinning hopes on a gradual bounce back in the domestic market on the back of new launches and the upcoming festive season. Earlier this month, the Mumbai-based automaker reported a consolidated net profit of Rs 5,566 crore and total income of Rs 1,09,623 crore for June quarter.
11:56 AM

OYO raises Rs 1,457 cr in latest funding round

Oravel Stays Ltd, the parent company of OYO, has raised Rs 1,457 crore from a consortium of investors in the latest funding round, sources said. This fund raise concludes the Series G funding round. The IPO-bound unicorn had earlier raised nearly Rs 1,040 crore and Rs 416.85 crore in the same series.
11:19 AM

Congress yet to raise voice on creamy layer issue, seems to favour sub-classification within SC, ST: Mayawati

BSP chief Mayawati on Sunday said the Congress, which won Lok Sabha seats by promising to protect reservation, seems to be in favour of sub-classification within SCs and STs and is yet to raise its voice against the issue of exclusion of the creamy layer in these communities from the benefits of quota.
11:13 AM

Madhya Pradesh govt transfers 26 IAS and 21 IPS officers

In a major reshuffle, the Madhya Pradesh government has transferred 26 Indian Administrative Service officers, including eight district collectors, and 21 Indian Police Services officers. The superintendents of police of eight districts have also been shifted, as per the orders issued late Saturday night.

11:04 AM

Deputy NSA Pavan Kapoor discusses India's role in peace for Kyiv with Ukrainian president's top aide

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First Published: Aug 11 2024 | 8:06 AM IST

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