SEBI Concealed 2014 DRI Alert About Adani Group Manipulations, Has Conflict Of Interest: Petitioner Tells Supreme Court

The affidavit filed by petitioner Anamika Jaiswal has alleged that the Securities and Exchange Board of India (SEBI) has an apparent 'conflict of interest' in investigating the matter. The petitioner has also alleged that the market regulator brought in multiple amendments to 'shield' regulatory contraventions and price manipulations by Adani group.

https://www.livelaw.in/top-stories/breaking-sebi-concealed-2014-dri-alert-about-adani-group-manipulations-has-conflict-of-interest-petitioner-tells-supreme-court-237522

#SupremeCourt #SEBI #AdaniGroup #GautamAdani #DRI #StockManipulation #CorporateFraud #adani #india

The SEBI is advancing its plans to introduce one-hour trade settlements by the end of the current fiscal year.

#SEBI #ASBA #Forex #CapitalMarkets #TradeSettlements #SEBIPlans

https://www.ganganews.com/business/sebi-plans-to-introduce-one-hour-trade-settlements/

SEBI is taking significant steps to address the issue of misselling by mutual funds by developing an AI tool.

#AITool #SEBI #Misselling #MutualFunds #MadhabiPuriBuch

https://www.ganganews.com/business/mutual-funds-sebi-developing-ai-tool-to-detect-misselling/

SEBI has given the green light to two companies Samhi Hotels and Motisons Jewellers to raise funds ...

#SEBI #IPO #SamhiHotels #MotisonsJewellers #Offer #Sale

https://www.ganganews.com/business/samhi-hotels-and-motisons-jewellers-get-sebis-nod-for-ipo/

Stanley Lifestyles Ltd., a prominent luxury sofa and home decor company, has taken a significant step towards expansion by filing draft papers ....

#HomeDecor #IPO #StanleyLifestyles #LuxuryFurniture #SEBI

https://www.ganganews.com/business/stanley-lifestyles-ltd-files-for-%e2%82%b9200-crore-ipo/

How the Black Money Was Brought Back to India

The latest revelations against the Adani Group are a reminder of the lengths and depths to which the prime minister has gone to protect his corrupt friends and their misdeeds by rendering India’s regulatory and investigative agencies toothless, writes Jairam Ramesh.

https://thewire.in/business/how-the-black-money-was-brought-back-to-india

#GautamAdani #NarendraModi #CorporateFraud #StockManipulation #VinodAdani #SEBI #DRI #OCCRP #HindenburgResearch #adani #BJP #india

SEBI knew about allegations against Adani Group since 2014, letter shows

The chairman of SEBI at that time is now an independent director of Adani-owned NDTV.

https://scroll.in/article/1055231/sebi-knew-about-allegations-against-adani-group-since-2014-letter-shows

#SEBI #AdaniGroup #UKSinha #DRI #CorporateFraud #OCCRP #HindenburgResearch #GautamAdani #VinodAdani #adani #StockManipulation #NDTV #india

Worth the wait!

Any guesses on "who" the #indian #firm is and, "what" the expose is going to be?

Anyways, no matter what, we can be sure it would be #businessasusual in #india, given the "compliasant" #sebi and other "investigative" #agencies!

https://www.hindustantimes.com/india-news/hindenburg-2-0-george-soros-backed-group-plans-expose-on-indian-firms-report-101692897468703.html

As the pre-listing shareholder lock-ins of 37 companies are poised to conclude within the next four months.

#Sebi #Market #MarketNews #StockNews #ShareMarket #StockExchange

https://www.ganganews.com/business/conclusion-of-lock-ins-for-37-companies/

SEBI announced that it will issue a final order in the Royal Orchid matter after considering the response from the hospitality firm.

#SEBI #RoyalOrchid #RoyalOrchidCase #Business #BusinessNews #GangaNews

https://www.ganganews.com/india/sebi-to-issue-final-order-in-royal-orchid-case/

The #SupremeCourt asked the Securities and Exchange Board of India (#SEBI) to explain why the law was tweaked in 2018 to junk crucial provisions which prohibited opacity in the ownership structure of Foreign Portfolio Investors. | @kdrajagopal reports
https://trib.al/eUXHB5i #press

#SEBI clarified in #SC “challenges” presented before the six-member Justice A.M. Sapre expert committee in #Hindenburg - #Adani case did not emanate from the repeal of provisions from Foreign Portfolio Investors Regulations in 2019. | @kdrajagopal
https://trib.al/8pVxQee #press

The decision by #SEBI to mandate enhanced disclosure requirements for some FPIs point to a “clear admission of guilt” by the market regulator in the wake of the #SupremeCourt’s expert committee recommendations, the #Congress said.
https://trib.al/r8QYkUf #press

Is the #adani #hindenburgreport "saga" over?? Back to business as usual?? Was the whole "brouhaha" much ado about nothing?

It sure seems like as the #supremecourtofindia appointed #expertpanel exonerated the #adanigroup of wrongdoing, and the market regulator, #sebi as well.

However, there is an takeaway as the panel concluded that unraveling the byzantine cross holdings of the #adanigroup were like a "journey to nowhere and with no destination in sight"!!
https://rammohansusarla.in/2023/01/27/the-hindenburg-adani-saga-raises-more-questions-than-answers-as-it-throwslight-on-dark-places-of-the-way-things-work-in-india/?preview=true&frame-nonce=c85661e232

No clean chit to Adani by SC panel – only a JPC can unearth the full truth

The report is a reminder that SEBI diluted the reporting requirements of the ultimate beneficial (i.e. actual) ownership of foreign funds. This occurred after Prime Minister Narendra Modi’s refrain regarding his government’s efforts to “eliminate safe havens for economic offenders” and remove the “excessive banking secrecy that hides the corrupt and their deeds”.

#AdaniGroup #adani #SEBI #SupremeCourt #GautamAdani #HindenburgResearch #CorporateFraud #NarendraModi #billionaires #industry #india

https://indianexpress.com/article/opinion/columns/adani-supreme-court-panel-jpc-unearth-full-truth-8623380/

The Securities and Exchange Board of India (#SEBI) should use all means at its disposal to get clarity about the ultimate beneficial ownership of foreign funds invested in the #AdaniGroup, the #Congress said on May 3.
https://trib.al/xldedOQ #press

Giving a six-month extension to #SEBI to complete its investigation against the #AdaniGroup would send an impression that the probe against the conglomerate was not to pursue the charges but to bury them, the #Congress said on May 1.
https://trib.al/NR2zwXQ #press

Giving 6 more months to #SEBI to complete #Adani probe may create perception issue being buried: #Congress

Market Regulator SEBI has moved the Supreme Court seeking the extension to complete its investigation.

http://toi.in/mKNWcZ/a24gk #press

#ShivSena (UBT) Rajya Sabha member Priyanka Chaturvedi wrote to the #SEBI seeking details of the investigation it is conducting against some companies of the #Adani group.
https://trib.al/H6pEARz #press

SEBI Chairperson maintains studied silence on Adani-Hindenburg issue and NSE setback

Chairperson Buch also mentioned that the market regulator will submit all its findings to the probe panel set up the Supreme Court.

#SEBI #AdaniGroup #adani #HindenburgResearch #MadhabiPuriBuch #CorporateFraud #StockManipulation #stocks #CronyCapitalism #india

https://www.moneycontrol.com/news/business/markets/sebi-chairperson-maintains-studied-silence-on-adani-hindenburg-issue-and-nse-setback-10332551.html