Morning brief: Hindenburg's big allegation on SEBI chief; Ukraine war updates, and more
Morning brief: Here's a look at the top stories.
Securities and Exchange Board of India's (SEBI)Madhabi Buch and the Adani Group are making headlines. A report by US-based short-sellerHindenburg Research on Saturday (Aug 10) said thatMadhabi andher husband had stakes in offshore entities linked tothe Adani Group's alleged financial misconduct.
The Russia-Ukraine war rages on with Russiaevacuating more than 76,000 peoplefrom areas bordering Ukraine in the Kurskregionfollowing Kyiv's incursion into the region earlier this week.On Saturday, Ukrainian President Volodymyr Zelensky for the first time acknowledged that his country's military was fighting in Kursk.
In other news from around the world, Republican presidential candidate Donald Trump claimed that his presidential campaign was hacked.
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Weeks before Buch's appointment to SEBI, her husband, Dhaval Buch,requested to transfer their investments into his sole controlto avoid any scrutiny that may come with the high-profile regulatory job, the report said.
Russia on Saturday (Aug 10) evacuated more than 76,000 peoplefrom areas bordering Ukraine in Russia'sKurskregionfollowing Ukraine's incursion into the region earlier this week. The Russian emergencies ministryreleased a video clip it said showed evacuees arriving at the city of Oryol, 140 kilometres north ofKursk.
Donald Trump on Saturday (Aug 10) claimed that his presidential campaign had been hacked. The Republican presidential candidate suggested Iranian actors were involved in stealing and distributing sensitive internal documents.
A police officer in the US state ofMissouri was critically injured outside a police station in Ferguson during protests on the 10th anniversaryof the fatal shooting of Michael Brown, the police said on Saturday (Aug 10). The officer was identified asTravis Brown.
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