Talking exclusively with ANI, Jethmalani said a band of conspirators had got together, circulating information to do conspiracy, with deep ramifications to damage the stock market of India.
The Securities and Exchange Board of India (SEBI) has urged investors to remain calm and conduct thorough research before reacting to the Hindenburg Research report.
Hindenburg Research's motive is to destabilize India's stock markets, asserted senior lawyer and BJP leader Mahesh Jethmalani, as he termed the US-based short seller report as "damp squib" -- a situation or event which is much less impressive than expected.
A day after US-based short seller Hindenburg Research alleged that SEBI Chairperson Madhabi Puri Buch and her husband Dhaval Buch had stakes in "both the obscure offshore entities used in the Adani money siphoning scandal," the SEBI Chairperson and her husband issued a detailed statement
In a stock exchange filing on Sunday, 360 One Wam Limited, formerly known as IIFL Wealth Management Limited, said its IPE-Plus Fund 1 had made zero investments in any shares of the Adani Group -- either directly or indirectly.
On late Saturday night, US-based short seller Hindenburg Research alleged that SEBI Chairperson Madhabi Buch and her husband had stakes in "both the obscure offshore entities used in the Adani money siphoning scandal," a claim subsequently denied by Buch and her husband, who accused Hinde
Shortly after US-based short seller Hindenburg Research on August 10 alleged that SEBI Chairperson Madhabi Buch and her husband had stakes in "both the obscure offshore entities used in the Adani money siphoning scandal," the SEBI Chairperson and her husband issued a joint statement rejec
The Congress swipe was made on Saturday following the publication of a new report by US short-seller Hindenburg Research, which levelled allegations against the chairperson of the Securities and Exchange Board of India (SEBI), Madhabi Puri Buch, and her husband.
The SEBI (Securities & Exchange Board of India) Chairperson Madhabi Puri Buch says that the market regulator is working on several initiatives to streamline the IPO process and enhance transparency.
The Securities and Exchange Board of India will soon notify the regulations on finfluencers, Madhabi Puri Buch, Chairperson of SEBI, said during an event held at NSE on Tuesday.
In a letter to the Securities and Exchange of India Chairperson Madhabi Puri Buch dated June 11, the Trinamool parliamentarian registered his complaint with the regulator, what he termed "stock market manipulation".
A lot of passive investments will automatically come into the country once the government of India bonds become part of the global indices, said Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch.