In a surprising turn of events, the Securities and Exchange Board of India (SEBI) has withdrawn its press release issued on September 4th, which addressed claims of an unprofessional work culture within the organization. The regulator stated that these concerns are "misplaced" and reaffirmed that employee-related issues will be managed internally through appropriate mechanisms as detailed in a report by Press Trust of India.

SEBI retracts press release on work culture concerns after employee protests

The Securities and Exchange Board of India (SEBI) has announced significant changes to the bonus issue process, streamlining the timeline for trading to commence on T+2 days from the record date starting October 1, according to a SEBI circular.

SEBI accelerates bonus issue timeline, trade to begin on T+2 from record date

In a surprising turn of events, the Securities and Exchange Board of India (SEBI) has withdrawn its press release issued on September 4th, which addressed claims of an unprofessional work culture within the organization.

The Congress party has intensified its criticism of Madhabi Puri Buch, the Chairperson of the Securities and Exchange Board of India (SEBI). New allegations surfaced during a press conference held by party spokesperson Pawan Kheda on September 14, 2024. The Congress claims that Buch engaged in significant trading activities and invested in Chinese funds while serving at SEBI.

Congress targets SEBI Chief with financial misconduct

Hindenburg's research's latest attack on the Adani group and a separate fresh Salvo on SEBI Chief Madhabi Puri Buch. The U.S. Short seller in tweet on Wednesday said the Adani group is involved in money laundering with reference Swiss Bank accounts. In response, the Adani Group, in a media statement, denied those allegations and called the claims "Baseless".

Adani-Hindenburg Saga

Swiss authorities have reportedly frozen six bank accounts worth $310 million (CHF263 million) of an individual whom they believe to be "a frontman" for the Indian conglomerate Adani Group.

Are Swiss prosecutors investigating the Adani Group, and who is Chang Chung-Ling?

In an ongoing saga that has captured the attention of investors globally, the Adani Group has reacted firmly to allegations made by US-based short-seller Hindenburg Research.

Adani Group responds to $310 million allegation amidst ongoing Hindenburg controversy

According to a recent report, the Centre and Opposition debated the necessity of summoning the Securities and Exchange Board of India (SEBI) Chief, to testify before the Public Accounts Committee (PAC) of the parliament, highlighting investor distrust in regulatory bodies as detailed by The Economic Times.

Centre, opposition trade barbs to call SEBI chief before the Public Accounts Committee: Report

In a crucial decision, the Securities and Exchange Board of India (SEBI) has lifted the restrictions imposed on employees of Infosys and connected entities. This move comes after the regulator vacated earlier directions issued through an interim order and a confirmatory order in 2021, which were based on allegations of insider trading.

SEBI clears Infosys employees of insider trading allegations

The country's principal opposition party, the Indian National Congress (INC), has in a fresh claim said that SEBI chief Madhabi Puri Buch's advisory firm and her husband, Dhaval Buch, earned nearly a million dollars from six listed companies, including automaker giant, Mahindra and Mahindra (M&M).

Mahindra Group refutes Congress's conflict of interest claims over payments made to SEBI chair, husband

Scrutiny on the Securities and Exchange Board of India is mounting with each passing day. According to a new report, two Mauritius-based foreign portfolio investors, previously highlighted in the January 2023 Hindenburg Research report on the Adani group, have petitioned the securities appellate tribunal. They are seeking urgent relief from complying with SEBI’s new foreign investor norms, with the compliance deadline set for September 9.

SEBI’s handling of foreign investors under review amid controversy

In a question for the government, the Congress party has attacked the Securities and Exchange Board of India (SEBI) for its handling of the investigation into the Adani Group and two Mauritius-based foreign portfolio investors (FPIs).

Congress criticizes SEBI over delayed investigation into Adani Group and Mauritius FPIs

India's Congress party on Friday (September 6) accused SEBI chairperson Madhabi Puri Buch of receiving rental income from a company linked to Wockhardt Limited, a firm under investigation by SEBI for insider trading and other violations.

Congress hits SEBI chief with new conflict of interest charges over $257,220 rental payments

The Securities and Exchange Board of India (SEBI) is facing heightened scrutiny as the Public Accounts Committee (PAC) has decided to include a review of the regulator's performance in its agenda.

Sebi under fire: Parliamentary committee to scrutinise regulator amid controversy

In the controversy over a letter by officials alleging toxic work culture at SEBI, reports quoting sources show the markets regulator has now initiated an enquiry into the leak of the letter dated August 6th. This comes after SEBI said its employee association did not send the letter to the government. Instead, the market regulator blamed external elements for the controversy.

SEBI initiates enquiry into letter alleging toxic work culture

A new Scandal is emerging amidst the ongoing dispute between Hindenburg and India's Market Regulators, this is based on media reports the intention of the country's second most valuable Bank to acquire its Securities unit has come under the scanner. SEBI is facing criticism over ICICI securities & ICICI bank merger. Watch in for more details!

A few shareholders of ICICI securities question SEBI's approval

Did SEBI Chief have a conflict of interest in ICICI dealings?

A section of SEBI employees has demanded that the market regulator delete a 'false and misleading' press release and also issue a public apology. The demand comes a day after SEBI issued the press release denying claims of an unprofessional work culture levelled by some employees.

Agitated SEBI employees seek apology from regulator, removal of 'false and misleading' press release

The Indian National Congress (INC), the country's principal Opposition party, has levelled fresh allegations against SEBI chairperson Madhabi Puri Buch. Congress said Buch was employed at Greater Pacific Capital (GPC) during her tenure at ICICI Bank between 2011 and 2013.

SEBI chair Madhabi Puri Buch was employed at another firm during ICICI Bank tenure, Congress claims

The Securities and Exchange Board of India (SEBI) has initiated an enquiry into the leak of an anonymous letter dated August 6, which alleged a toxic work culture at the regulatory body according to a report by Moneycontrol.

SEBI investigates leaked letter alleging toxic work culture: Report

The Securities and Exchange Board of India (SEBI) is under intense scrutiny following its decision to approve the merger between ICICI Bank and its securities affiliate, ICICI Securities.

SEBI under fire for greenlighting ICICI Bank and ICICI securities merger

In a significant development, officials from the Securities and Exchange Board of India (Sebi) have raised serious concerns about a "toxic" work culture prevailing under the leadership of Chairperson Madhabi Puri Buch.

SEBI officials complain to Finance Ministry of 'toxic' work culture: Report

With an aim to bolster foreign investment, the Securities and Exchange Board of India (SEBI) is re-evaluating its registration requirements for overseas investors interested in Indian government bonds.

SEBI set to streamline foreign investment in Indian government bonds

According to a recent study by the Securities and Exchange Board of India (SEBI), a significant portion of Initial public offering (IPO) shares are being sold off rapidly after listing.

Investors quick to sell initial public offering shares, SEBI report reveals

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