New Delhi: The much-anticipated meeting of the Parliamentary Standing Committee on Finance was adjourned after SEBI Chairperson Madhabi Puri Buch failed to attend. Buch was expected to face questions on critical regulatory matters and SEBI’s role in overseeing financial markets, but her absence raised concerns among committee members. The panel had planned to address pressing Read More…
The Congress party has reignited scrutiny of SEBI Chairperson Madhabi Puri Buch, alleging she has engaged in trading listed securities and investing in Chinese firms while holding office. These accusations form part of a broader examination of the market regulator’s activities by the opposition party. Congress claims that Buch’s alleged actions pose serious conflicts of Read More…
Paytm’s founder and board members face show-cause notices over alleged violations. In a major setback for Paytm, the Securities and Exchange Board of India (SEBI) has issued show-cause notices to the company’s founder, Vijay Shekhar Sharma, and its board members for alleged misrepresentation of facts during its initial public offering (IPO) in November 2021. The Read More…
In a sweeping action against financial misconduct, the Securities and Exchange Board of India (Sebi) has imposed a five-year ban on industrialist Anil Ambani and 24 other entities, including former top officials of Reliance Home Finance Ltd (RHFL). The ban is a result of a major fund diversion scandal involving RHFL, where funds were allegedly Read More…