Former Infosys CEO Mohandas Pai Dismisses Hindenburg Report as Vulture Fund's Character Assassination
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In a post on X, Pai—arguably among the most popular industry commentators—said new claims were likely a strategy to attract attention.
Adani Group Slams Hindenburg’s Latest Claims as ‘Malicious Red Herrings
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The Adani Group dismissed these charges by Hindenburg as no more than the actions of an un-credentialled short seller who is under active investigation in India for multiple alleged violations of securities laws. These, according to the group, were mere diversionary tactics that showed plain and brazen disregard for Indian regulations.
SEBI Chief Targeted: Buchs Accuse Hindenburg of Credibility Attack and Character Assassination
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In an exhaustive statement on Sunday, the Buchs responded to Hindenburg's allegations which appeared in a report on Saturday.
SEBI Completes Investigation into Adani Allegations; Chairperson Buch Maintains Transparency and Recusal
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The regulator, in a statement, said its Chairperson Madhabi Buch has made the necessary disclosures and also recused from such matters where a conflict of interest could arise.
Hindenburg Research Alleges SEBI Chairperson Madhabi Buch Held Stake in Offshore Entities Linked to Adani Scandal
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On Saturday, Hindenburg released a new report claiming obscure offshore entities connected to the Adani scandal involved Madhabi and her husband. The allegation comes after an earlier report by Hindenburg, of about 18 months ago, which had claimed the Adani Group to be the mastermind behind "the largest con in corporate history", leading to a precipitous fall in the market value of the conglomerate.
Adani-Hindenburg case: SC refuses to transfer case to CBI, asks SEBI to complete probe within 3 months
Ashlin Rajan -
In its verdict, the court specified that both the government and SEBI will scrutinize any potential violations of the law by Hindenburg related to short-selling, and appropriate actions will be taken in accordance with legal provisions.
SC Questions Prashant Bhushan on Treating the Hindenburg Report on Adani Group as 'Credible'
Newsmen Business Desk -
Expressing skepticism, the bench, which included Justices J.B. Pardiwala and Manoj Misra, emphasized the significance of material evidence casting doubt on the Securities and Exchange Board of India's (SEBI) investigations, a statutory body entrusted with probing stock market violations.
CJI Says SEBI Cannot Take Action Against Entities Solely Based on News Reports
Newsmen Business Desk -
The Supreme Court noted that the Securities and Exchange Board of India (SEBI) cannot be expected to base its findings on newspaper reports.
Adani-Hindenburg row: SEBI files observations on SC-appointed Expert Committee in apex court
IANS -
In its application, the market regulator has sought "appropriate orders" from the apex court when the latter hears the case on Tuesday. Notably, all the offences under the SEBI Act (except offence under section 11C (6), SCRA Act and Depositories Act), the SEBI can initiate prosecution without any period of limitation.
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