Pharmaceuticals firm Wockhardt firmly denied recent allegations concerning rent payments made by its associate company, Carol Info Services, and their link to orders issued by the Securities and Exchange Board of India (SEBI), via a filing after the market hours on Friday. “It has come to our attention that there are certain allegations pertaining to … Read more
Mumbai: Shares of Adani Group companies fell by up to 7% Monday as the sentiment soured following fresh allegations by the US-based short-seller Hindenburg that Sebi chief Madhabi Puri Buch and her husband, Dhaval Buch, held stakes in Bermuda and Mauritius-based offshore funds used by Gautam Adani’s brother, Vinod Adani, to “amass and trade large … Read more
To minimize IPO application delays and clearing time, Sebi chief Madhabi Puri Buch on Friday said the markets regulator is working to start a template-based fill-in-the-blanks kind of application form which will be processed with the help of artificial intelligence (AI). “We have already implemented artificial intelligence (AI) within Sebi for processing of public documents. … Read more
Mumbai: TMC MP Saket Gokhale has asked securities market regulator Sebi to investigate the June 3 stock market manipulation triggered by election exit polls. In a letter to Sebi chief Madhabi Puri Buch, Gokhale said multiple exit polls predicted a landslide win for the BJP. But, one exit poll predicted “extremely strange” and “inflated seat … Read more
