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Hindenburg Research responds to SEBI Chief Madhabi Puri Buch's statement, says...

Hindenburg Research responds to SEBI Chief Madhabi Puri Buch's statement, says...

US short-seller Hindenburg Research has raised concerns about a possible conflict of interest involving Madhabi Puri Buch, the Chairperson of India's market regulator, SEBI (Securities and Exchange Board of India). In a series of tweets, Hindenburg responded to SEBI's statement regarding an investigation into the Adani Group.

Hindenburg claims that SEBI was responsible for investigating certain investment funds related to the Adani Group.

Pernod India counsel resigns for Google amid antitrust, criminal probes

Pernod India counsel resigns for Google amid antitrust, criminal probes

Pernod Ricard's legal head in India has resigned, said two sources with direct knowledge of the matter, a key departure at a time when the French liquor giant faces many legal and regulatory headaches in the critical Indian market.

The sources, who spoke on condition of anonymity, said the official, Bijoya Roy, will join Google in November as its top India counsel, with the US tech giant confronting several antitrust investigations of its own.

Delhi Excise policy case: SC seeks ED, CBI reply on K Kavitha's bail plea

Delhi Excise policy case: SC seeks ED, CBI reply on K Kavitha's bail plea

On Monday, the Supreme Court issued notices to the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) in response to the bail petitions filed by Bharat Rashtra Samithi (BRS) leader K Kavitha, as reported by Bar and Bench.

A bench consisting of Justices BR Gavai and KV Viswanathan scheduled the matter for a hearing on August 20.

SC refuses entertaining plea against govt decision to cancel UGC-NET exam

SC refuses entertaining plea against govt decision to cancel UGC-NET exam

The Supreme Court on Monday refused to entertain a fresh plea filed by some examinees challenging the government's decision to cancel the UGC-NET examination following alleged question paper leak, saying that entertaining it at this stage will create "chaos".

A bench comprising Chief Justice D Y Chandrachud and justices JB Pardiwala and Manoj Misra said the government is conducting the exam afresh on August 21 and the students, who are around nine lakh, must have some kind of "certainty now".

Cong urges SC to transfer Adani probe to CBI or SIT, cites Sebi concerns

Cong urges SC to transfer Adani probe to CBI or SIT, cites Sebi concerns

Stepping up its attack on the PM Narendra Modi government over the Hindenburg Research's allegations against Sebi Amid the raging row over the Hindenburg Research's allegations against Sebi chairperson Madhabi Buch, the Congress on Monday demanded her resignation and urged the Supreme Court to transfer the Adani probe to the CBI or a Special Investigation Team given the "likelihood of Sebi's compromise".

The opposition party also reiterated that the path forward is to immediately convene a Joint Parliamentary Committee (JPC) to investigate the full extent of what it described as the "Modani mega scam" involving the "self-anointed non-biological PM and a perfectly biological businessman".

Sebi says only one probe remains in Adani-Hindenburg Research matter

Sebi says only one probe remains in Adani-Hindenburg Research matter

The markets regulator, Securities and Exchange Board of India (Sebi), on Sunday asked investors to exercise caution and due diligence before reacting to reports, such as those from American short-seller Hindenburg Research. It said investors should be aware of the disclaimer in Hindenburg Research’s report, which notes that the firm may have short positions in the securities it discusses.

Also, in an update on the ongoing probe into the Adani group matter, Sebi disclosed that only one investigation remains, which is nearing completion.

'If you help our enemy...': Khaleda Zia's party on India hosting Bangladesh's Sheikh Hasina

'If you help our enemy...': Khaleda Zia's party on India hosting Bangladesh's Sheikh Hasina

The Bangladesh Nationalist Party (BNP), led by former prime minister Khaleda Zia, is not happy that India is hosting Sheikh Hasina, ousted Prime Minister after she fled Dhaka on Monday.

Gayeshwar Roy, a senior leader of Khaleda Zia's party and former minister, told The Times of India that the BNP supports mutual cooperation between Bangladesh and India. However, “if you help our enemy then it becomes difficult for that mutual cooperation to be honoured”. He said, they have concerns that India supported Sheikh Hasina’s return to power.

In one frame, PM Modi and Rahul Gandhi attend Parliament 'tea meeting', photos go viral

In one frame, PM Modi and Rahul Gandhi attend Parliament 'tea meeting', photos go viral

Prime Minister Narendra Modi and Leader of the Opposition in Lok Sabha Rahul Gandhi, on Friday, attended the tea meet organised by LS Speaker Om Birla at the Parliament House after the conclusion of the second session of the 18th Lok Sabha.

Need enabling framework for ESG bond issuances in India, says RBI

Need enabling framework for ESG bond issuances in India, says RBI

A robust and enabling regulatory framework needs to be established to help Indian companies issue environmental, social, and governance (ESG) bonds within the domestic market, Reserve Bank of India’s chief general manager Dimple Bhandia said on Friday.

She also highlighted the strong response from foreign portfolio investors to the voluntary retention route (VRR) facility, noting that 99 per cent of the funds under this scheme are invested in corporate bonds.

No free water to people with annual income exceeding Rs 50,000 in Himachal

No free water to people with annual income exceeding Rs 50,000 in Himachal

All water consumers in rural areas of Himachal Pradesh will no longer enjoy the facility of free water supply as the domestic consumers with annual income above Rs 50,000 will have to pay Rs 100 per month.

Besides, the commercial establishments will be billed according to kilolitre.

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