Adani | Hindenburg | Kotak Mahindra Bank: Idea of Kotak as a party to Hindenburg’s Adani shorting strange and almost unbelievable: Shriram Subramanian

Adani | Hindenburg | Kotak Mahindra Bank: Idea of Kotak as a party to Hindenburg’s Adani shorting strange and almost unbelievable: Shriram Subramanian

Shriram Subramanian, Founder & MD, InGovern, says Kotak would likely be acting as just a creator of a fund where someone else’s funds are used. US-based short-seller Hindenburg Research whose report on the Adani Group last year triggered a rout in the group’s stocks, has come out with a note stating India’s market regulator Sebi … Read more

IRDAI: IRDAI probes Care Health’s stock option issue to Saluja

IRDAI: IRDAI probes Care Health’s stock option issue to Saluja

Mumbai: The Insurance Regulatory and Development Authority of India (IRDAI) is investigating the issuance of stock options in Care Health Insurance to Rashmi Saluja, the firm’s non-executive chairperson. Saluja is the executive chairperson of Religare Enterprises (REL), which owns Care Health. IRDAI revealed that a probe into stock option allotment to Saluja is on in … Read more