Hindenburg Report: What did Rahul Gandhi and SEBI say?
Hindenburg Report: Rahul Gandhi raised three big questions
Sunday, August 11, 2024
Congress MP and Leader of Opposition in Lok Sabha Rahul Gandhi has reacted to the Hindenburg and SEBI Chief Madhabi Puri Buch case.
Rahul Gandhi released a 2 minute 19 second video on social media and said that in recent times more and more people are investing their money in the Indian stock market, and as the leader of the opposition, it is my responsibility to tell them about the risk of investing in it.
Rahul Gandhi said, "This is because allegations are being made against SEBI, the Indian institution that regulates the stock market."
Rahul Gandhi said, "The savings of millions of people are at risk, so this matter should be investigated."
According to Rahul Gandhi, "This raises three big questions. First, why did Madhabi Puri not resign even after the allegations?"
"Second, God forbid, if something goes wrong in the market and investors have to lose their money, then who will take responsibility for it, SEBI Chief, Prime Minister Narendra Modi or Adani."
"Third, this matter is already in the Supreme Court, now after serious allegations, will the Supreme Court take suo motu cognizance in this matter as well?"
Rahul Gandhi said, "Now it is becoming clear why PM Modi is afraid of getting this entire matter investigated by a joint parliamentary committee."
What did SEBI say about Hindenburg and Adani?
Sunday, 11 August 2024
SEBI has expressed its response to the Hindenburg Research report on August 10, 2024.
SEBI has said that investors should maintain calm and properly assess the information before reacting to such reports.
According to SEBI, "Investors should be aware that the Hindenburg Research report includes a disclaimer stating that the company may hold short positions in the bonds discussed."
SEBI has said that in the case of Adani Group, SEBI has completed 23 out of 24 investigations and the last investigation is also about to be completed.
According to SEBI, it has issued more than 100 summons, about 1,100 letters and emails to the Adani Group. Apart from this, SEBI has interacted with domestic and foreign regulators more than 300 times. SEBI has also reviewed 12,000 pages of documents.
What did Adani Group, Pawan Khera, Madhabi Puri and Subramanian Swamy say on Hindenburg's new report?
What did Adani Group say on Hindenburg's new report?
Sunday, August 11, 2024
In a report, American research firm Hindenburg has accused SEBI Chairperson Madhabi Puri Buch of financial irregularities. The report raises questions on the business activities of Madhabi Puri Buch and her husband Dhawal Buch.
Adani Group has issued a statement on this report of Hindenburg.
Adani Group has said in the statement that the latest allegation made by Hindenburg has selected publicly available information in a malicious and mischievous manner. So that a predetermined conclusion can be reached for personal gain. This is a complete violation of facts and laws.
The statement said, "We completely reject the allegations leveled against the Adani Group. This allegation is a re-cycling of baseless claims that have been fully investigated. These allegations have already been dismissed by the Supreme Court in January 2024.''
Hindenburg's latest report: Congress leader Pawan Khera demands a joint parliamentary committee to investigate the matter thoroughly
Sunday, August 11, 2024
After Hindenburg's latest report, Congress leader Pawan Khera has demanded a joint parliamentary committee to investigate the matter thoroughly.
Late in the evening of Saturday, August 10, 2024, Hindenburg released a report accusing SEBI chief Madhabi Puri Buch and her husband, after which Pawan Khera said that 'milk has come out on its own'.
Pawan Khera said, "Hindenburg itself released another report in which all the deeds of SEBI chief Madhabi Puri Buch and her husband Dhawal Buch came to light. Their investment in the offshore company came to light."
Pawan Khera alleged, "This is the company in which Gautam Adani's brother Vinod Adani also has an investment. So when everything is out in the open, the question arises that when Madhabi Puri Buch was made the head of SEBI, did the Government of India not know this?''
Taking a direct dig at the Prime Minister of India Modi in this whole matter, Pawan Khera said, "If the government was not aware of the matter, then it is a big failure and mistake. If it was aware, then the Prime Minister himself is a part of this conspiracy. That is why what Rahul Gandhi had said at that time Chowkidar... that has been proved.''
Congress leader Pawan Khera has demanded the formation of a joint parliamentary committee to investigate this whole matter.
What new statement did Madhabi Puri and her husband give on Hindenburg's claims?
Sunday, 11 August 2024
American organization Hindenburg Research claimed in a report that SEBI Chairperson Madhabi Puri Buch and her husband Dhawal Buch have had a stake in the offshore funds used in the 'Adani Money Siphoning Scam'.
On this claim of Hindenburg, SEBI chief Madhabi Puri Buch and her husband Dhaval Buch have issued another statement.
According to the statement of Madhabi Puri Buch and her husband Dhaval Buch, "The investment in the fund mentioned in the Hindenburg report was made in 2015, Madhabi and Dhaval were living in Singapore. This investment is two years before Madhabi became a member of SEBI."
According to the statement, "The decision to invest in this fund was taken because the Chief Investment Officer of the fund, Anil Ahuja, is a childhood friend of Dhaval and both of them know each other since school and IIT Delhi days. When Ahuja left that fund house in 2018, we also redeemed our investment.''
The statement said that Ahuja had confirmed that at no time the fund house had invested in any bonds, equities or derivatives of any Adani Group company.
BJP leader Subramanian Swamy demands removal of SEBI chief Madhabi Puri Buch
Sunday, August 11, 2024
BJP leader Subramanian Swamy has demanded the removal of SEBI chief Madhabi Puri Buch.
Subramanian Swamy has expressed his reaction on the latest report of Hindenburg and the entire matter of allegations leveled against SEBI Chief Madhabi Puri Buch.
In a post on social media X, BJP leader Subramanian Swamy said, "The case of conflict of interest against the SEBI chairman has come up for the second time. To save India's image among global investors, he should be replaced by an honest person."
"One of my PILs is listed in the first bench of the Chief Justice of Delhi High Court on Monday, 12 August 2024. I have already filed an affidavit regarding conflict of interest."
American organization Hindenburg Research has claimed in a report that the SEBI chairperson and her husband have had a stake in the offshore funds used in the 'Adani money siphoning scam'.
What did SEBI Chairperson, Congress and Trinamool Congress say on Hindenburg's new report?
Hindenburg released a new report, made a big claim about SEBI Chairperson
Sunday, August 11, 2024
American organization Hindenburg Research has claimed in a report that the SEBI Chairperson and her husband have had a stake in the offshore funds used in the 'Adani money siphoning scam'.
SEBI Chairperson Madhabi Puri Buch and her husband Dhawal Buch have issued a statement regarding the report released by Hindenburg.
According to news agency PTI, Madhabi Buch and her husband have said, "We want to state that we deny the baseless allegations leveled against us.''
They have said that 'our life and our financial accounts are like an open book and all the necessary information has been given to SEBI in the last few years.'
Madhabi Puri Buch and her husband have said that "we have no hesitation in disclosing any further financial documents, including those from the time when we were ordinary citizens."
They have said that in order to ensure complete transparency in the matter, we will issue a full statement at the appropriate time.
He has said that "SEBI had taken enforcement action against Hindenburg Research and issued a show cause notice. In response to that, Hindenburg Research has tried to tarnish the name.''
What did Congress say on Hindenburg's report against SEBI chief?
Sunday, August 11, 2024
American organization Hindenburg Research has claimed in a report that the SEBI chairperson and her husband have had a stake in the offshore funds used in the 'Adani money siphoning scam'.
Congress has issued a statement regarding the new report released by Hindenburg Research. Congress leader Jairam Ramesh has tweeted the statement.
The statement issued by the Congress said that Hindenburg's new disclosures have revealed that SEBI chairperson Madhabi Puri Buch and her husband had invested in the same Bermuda and Mauritius-based offshore funds in which Gautam Adani's brother Vinod Adani and His associates Chang Chung-ling, Nasser Ali and Shahban Ali had invested.
The statement said that these funds were earned from over-invoicing of electrical equipment. It is believed that these funds were used to acquire large stakes in Adani Group companies in violation of SEBI rules.
Congress leader Jairam Ramesh wrote on X, "This raises questions about Gautam Adani's two meetings with Madhabi Puri Buch in 2022, soon after becoming SEBI chairperson. Recall that SEBI was investigating Adani transactions at that time.''
The statement said that the government should end the conflict of interest related to the investigation of Gautam Adani case being conducted by SEBI.
The statement said that the truth is that the collusion of the highest officials of the country can be detected only by forming a JPC for a full investigation of the 'Adani Mega Scam'.
What did Trinamool Congress and Mahua Moitra say on Hindenburg's report against SEBI Chief?
Sunday, 11 August 2024
The American organization Hindenburg Research has released a report and surrounded the chairperson of the capital market regulator SEBI in India.
A round of rhetoric has started in Indian politics since the release of Hindenburg's report.
On the report issued by Hindenburg against the SEBI chairperson, TMC leader Mahua Moitra has questioned the credibility of SEBI by posting on social media.
Mahua Moitra has written that 'SEBI chairperson being an investor in the Adani Group is both a conflict for SEBI and an occupation of SEBI. Samadhi Cyril Shroff is in the Corporate Governance Committee. It is no surprise that all the complaints sent to SEBI go unheard.'
Mahua Moitra has written in another tweet that any investigation being conducted by SEBI on Adani under the leadership of this chairperson cannot be trusted. After this information is made public, the Supreme Court should reconsider its decision.
Mahua has said that even the chairperson of SEBI is an investor in Adani's group. Tagging the CBI and ED, she has written whether you people will file POCA and PMLA cases or not.
The Trinamool Congress has demanded the resignation of SEBI chief Madhabi Buch.
The TMC spokesperson said, "In view of the pending investigation under the supervision of the Supreme Court, the SEBI chairman should be suspended immediately and a lookout notice should be issued at all airports and Interpol to prevent her and her husband from leaving the country."
Big disclosure in Hindenburg report: Big allegation on SEBI chairperson
What is in Hindenburg's report?
Sunday, August 11, 2024
The Hindenburg Research report states that the SEBI chairperson has stakes in offshore companies that were used in the alleged financial irregularities of the Adani Group.
It states that till date SEBI has not taken any action against Adani's other suspicious shareholder companies which are operated by India Infoline's EM Resurgent Fund and India Focus Fund.
The report states that due to this conflict of interest of the SEBI chairperson, the transparency of the market regulator has become questionable. Concerns are being raised in the report about SEBI's leadership.
Hindenburg has said that the offshore funds that have been involved in the financial irregularities of the Adani Group are quite vague and have complex structures.
The report has raised questions on Madhabi Puri Buch's personal interests and her role as the head of the market regulator. Hindenburg Research has said that the investigation conducted by SEBI regarding the Adani Group should be thoroughly investigated.
Hindenburg Research has said that according to the documents it has received from the whistleblower, a few weeks before his appointment to SEBI, Madhabi Puri Buch's husband Dhawal Buch had emailed Mauritius fund administrator Trident Trust. It mentioned his and his wife's investment in the Global Dynamic Opportunities Fund.
Hindenburg's report said that before Madhabi Puri Buch became SEBI chairman, her husband had requested that he would operate the joint account. This means that he wanted to remove all the assets from his wife's account before Madhabi Puri Buch became SEBI chairman.
Since the post of SEBI chairman is politically very sensitive, her husband might have taken this step.
Hindenburg's research report says, "The account dated 26 February 2018 addressed to Madhabi Puri Buch's personal email contains the complete structure of her fund. The name of the fund is "GDOF Cell 90 (IPEplus Fund 1)". This is a Mauritius registered fund 'cell' which was part of the complex structure of funds used by Vinod Adani."
Hindenburg has said that at that time, the total share of Madhabi Puri Buch's husband Dhawal Buch in that fund was $ 872762.65.
Another encounter between the army and terrorists in Anantnag, Jammu and Kashmir, India
Saturday, August 10, 2024
Another incident of encounter between the Indian Army and terrorists has taken place in Anantnag, Jammu and Kashmir, India on Saturday, August 10, 2024.
According to news agencies ANI and PTI, "Two Indian Army personnel have died in this encounter in Anantnag. At the same time, three soldiers have been injured. The military operation is still going on.''
Posting from its official X handle, Kashmir Zone Police wrote, "An encounter has started in Ahlan Gagarmandu area of Anantnag district. Police and security forces are engaged in work.''
Posting from its official X handle, Chinar Corps of the Indian Army wrote, "Two civilians have also been injured due to indiscriminate firing by terrorists in the ongoing military operation. They have been provided immediate medical assistance. The military operation is ongoing.''
According to another post of Chinar Corps, "Based on specific intelligence input, today Indian Army, Jammu and Kashmir Police and CRPF launched a joint operation in Kokernag area of Anantnag. Two soldiers have also been injured in the firing.''
However, the Indian Army has not shared information about the death of any soldier.
In recent times, there have been many encounters between the Indian Army and terrorists in which many Indian soldiers have also lost their lives.
Supreme Court refuses to cancel NEET-UG 2024 exam results
Tuesday, July 23, 2024
The Supreme Court of India has refused to cancel the NEET-UG exam.
A three-judge bench headed by Chief Justice of India DY Chandrachud has said that there is no concrete evidence to prove that the question papers of the exam were leaked in a planned manner.
The Supreme Court says that the sanctity of the exam is not questioned, so the court has refused to order a re-examination.
The Supreme Court has also said that if any student is seen to be benefiting unfairly, then such students will be punished later.
The Supreme Court says that the re-examination will have a serious impact on more than 20 lakh students. This will affect the admission program for medical studies.
The Supreme Court also clarified that this order is on the purity of the NEET exam.
Justice Chandrachud said, "If a student has any personal complaint, then he is free to get his rights according to the law. Such students can go to the High Court with their demands."
The Supreme Court said that it will send some suggestions to the seven-member committee constituted by the Government of India.
The Supreme Court said, "The committee will follow the instructions of the court and ensure that the process of NEET UG and other examinations conducted by NTA is strengthened so that such mistakes do not happen in future."
Supreme Court imposes interim stay on making public the names of shopkeepers on Kanwar Yatra route in Muzaffarnagar
Monday, 22 July 2024
The Supreme Court of India has imposed an interim stay on the order of Muzaffarnagar SSP to publicly display the names of shopkeepers on the route of Kanwar Yatra in Muzaffarnagar, Uttar Pradesh, India.
This order has been given by a two-judge bench of Justice Rishikesh Roy and Justice SVN Bhatti.
Along with this, the bench has issued notice to the Government of the states of Madhya Pradesh, Uttar Pradesh and Uttarakhand in India regarding making public the names of shopkeepers on the route of Kanwar Yatra.
The next hearing of this case will be on Friday, 26 July 2024.
The Supreme Court has said that it is staying the implementation of the directions, in other words, food sellers are required to disclose the type of food they are serving but they cannot be forced to make public the names of the owners or staff.
Jammu and Kashmir: Defense Minister spoke to Army Chief regarding Doda encounter
Tuesday, July 16, 2024
India's Defense Minister Rajnath Singh has spoken to the Army Chief regarding the encounter between security forces and terrorists in Doda, Jammu and Kashmir, India.
The office of Jammu and Kashmir Lieutenant Governor Manoj Sinha has tweeted and paid tribute to the soldiers killed in this encounter.
The office of the Defense Minister of India has shared this information on the social media website X.
In this post, the Defense Minister's office has written, "Defense Minister Rajnath Singh spoke to the Chief of Army Staff General Upendra Dwivedi this morning. The Army Chief has briefed the Defense Minister about the ground situation in Doda and the ongoing anti-terrorism operation there."
The Lieutenant Governor's Office of Jammu and Kashmir wrote on X, "I am deeply saddened to learn about the cowardly attack on Army personnel and Jammu and Kashmir Police personnel in Doda district. Tribute to the brave soldiers who made the supreme sacrifice in the security of our nation. My deepest condolences to the bereaved families.''
''We will avenge the martyrdom of our soldiers and thwart the nefarious designs of terrorists and their collaborators. I appeal to the people to unite in the fight against terrorism. Also, I appeal to give us accurate information so that we can intensify the anti-terrorism operation and neutralize the terrorist machinery.''
The operation of security forces is going on in the Dessa forests of Doda district since the night of Monday, 15 July 2024.
No official information has been shared so far about how many soldiers have been killed in this operation.
Our soldiers and their families are bearing the brunt of BJP's wrong policies: Rahul Gandhi
Tuesday, 16 July 2024
Four soldiers, including an army captain, have died in an encounter with terrorists in Doda, Jammu and Kashmir, India.
The Indian Army has tweeted on the social media website X and informed that Captain Brajesh Thapa, Naik D Rajesh, Sepoy Bijendra and Sepoy Ajay have died in an encounter with terrorists.
The Indian Army has written in the post, "On behalf of Chief of Army Staff General Upendra Dwivedi and all ranks of the Indian Army, deepest condolences are expressed to Captain Brajesh Thapa, Naik D Rajesh, Sepoy Bijendra and Sepoy Ajay, who sacrificed their lives while performing their duty during an anti-terror operation in Doda to ensure peace in the area."
"The Indian Army stands with the bereaved families in this hour of grief."
India's Defense Minister Rajnath Singh has also paid tribute to the slain soldiers in a post on the social media website X.
Rajnath Singh has informed, "The anti-terror operation is going on and our soldiers are committed to end the curse of terrorism."
Lok Sabha opposition leader Rahul Gandhi has paid tribute to the soldiers killed in a post on Instagram and has questioned the central government.
Rahul Gandhi has written, "Today our soldiers were martyred again in a terrorist encounter in Jammu and Kashmir. I pay my humble tribute to the martyrs and express my deepest condolences to the bereaved families."
"Such horrific incidents one after the other are very sad and worrying. These continuous terrorist attacks are telling the dilapidated condition of Jammu and Kashmir. Our soldiers and their families are suffering the brunt of BJP's wrong policies."
What did the parents of Captain Brijesh Thapa, who was killed in the Doda encounter, say?
Tuesday, July 16, 2024
News agency ANI has spoken to the parents of Indian Army Captain Brijesh Thapa, who was killed during an encounter with terrorists in Doda, Jammu and Kashmir.
Brijesh's mother Neelima Thapa said, "I have lost my son. Now he will never come back. My boy was very decent. He never complained."
Brijesh's mother said, "He had to join the army. We had also told him that life in the army is difficult. He had also seen his father. We had told him to either go to the Air Force or the Navy but he decided to join the army."
"We feel proud of whatever he has done for the country. The government should take strict action against those responsible for this."
Brijesh Thapa's father, who is himself a retired colonel of the Indian Army, said, "My son wanted to join the army since childhood. He had done B.Tech but still he wanted to join the army.''
"He had not prepared much but still he cleared all the exams including SSB in the first attempt. I am proud that he gave his life for the country.''
Owaisi criticized PM Modi on Doda encounter
Tuesday, July 16, 2024
AIMIM Chief and Hyderabad MP Asaduddin Owaisi has questioned the central government and Prime Minister of India Narendra Modi after four Indian Army soldiers were killed in an encounter with terrorists in Doda, Jammu and Kashmir.
Owaisi said, "Narendra Modi was talking big that we will enter the house and kill. Then what is happening?"
Owaisi said that "This is a sheer failure of the government. It is not able to control terrorism. Whatever happened in Doda is very dangerous and it should be investigated.''
Four soldiers including an army captain have died in an encounter with terrorists in Doda, Jammu and Kashmir.
Owaisi said, "I want to tell that we condemn this and have been doing so. But this is the biggest failure of the Modi government.''
Cornering PM Modi, Owaisi said, "The area of Doda is very far from the LoC. It is a very serious matter that terrorists are attacking so far from the LoC, in which four soldiers of our army, including a captain and a major, are killed. This incident also describes the failure of the Narendra Modi government.''
Owaisi said, "After 2021, the maximum terrorist incidents are happening in Jammu. Even during the rise of separatism, so many incidents did not happen. So far 48 soldiers, 19 civilians and 48 terrorists have lost their lives in this.''
What did Modi and Karl Nehammer say on India-Austria relations?
What did Indian Prime Minister Modi say on his visit to Austria?
Wednesday, July 10, 2024
Indian Prime Minister Narendra Modi arrived on a visit to Austria on Tuesday, July 9, 2024. He met Austrian Chancellor Karl Nehammer in the capital Vienna and talked on many issues including the Ukraine war.
Narendra Modi said, "First of all, I thank Chancellor Nehammer for the warm welcome. I am happy that I got the opportunity to visit Austria at the beginning of my third term.''
"This visit of mine is both historic and special. After 41 years, any Indian Prime Minister has visited Austria. It is also a happy coincidence that this visit is taking place at a time when 75 years of our mutual cooperation have been completed.''
Modi said, "Today, Chancellor Nehammer and I had a very meaningful conversation. We have identified new possibilities to further strengthen mutual cooperation. We have decided that the relations will be given a strategic direction. A blueprint has been prepared for cooperation for the coming ten years.''
Modi said, "I and the Chancellor have talked about all the disputes going on in the world, including Ukraine. I have said earlier also that this is not the time for war. Problems cannot be solved on the battlefield. Loss of lives of innocent people, wherever it may be, is not acceptable.''
What did Austrian Chancellor Karl Nehammer say?
Wednesday, July 10, 2024
Austrian Chancellor Karl Nehammer said, "India and Austria have very good relations. It is a relationship of trust that began in the 1950s. India helped Austria and in 1955 the Austrian State Treaty came to a positive conclusion with negotiations. The development of the geopolitical situation unites India and Austria."
Karl Nehammer said, "Before his visit to Austria, PM Modi has met the Russian President. Therefore, it was particularly important for me to hear about the Prime Minister's personal assessment of Russia's intentions regarding peace progress."
"Our common objective is to achieve a comprehensive, just and lasting peace in accordance with the UN Charter."
Karl Nehammer said, "My Cabinet is constantly in contact with the European Union. Yesterday my Cabinet spoke to Charles Michel by telephone about possible approaches and issues in this context. Importantly, Austria is making a significant contribution to an independent and prosperous Ukraine."
Supreme Court's decision: Divorced Muslim women are also entitled to alimony
Wednesday, July 10, 2024
The Supreme Court of India on Wednesday, July 10, 2024, gave a decision saying that a Muslim woman can demand alimony under Section 125 of the Code of Criminal Procedure.
A two-judge bench headed by Justice BV Nagarathna gave this decision while hearing the case of a Muslim woman seeking alimony under this section.
A Muslim man had challenged the Telangana High Court's order to grant alimony of ten thousand rupees.
His lawyer argued that since the Muslim Women (Protection of Rights in Divorce Cases) Act 1986 is in force, he cannot get alimony under Section 125.
Both the judges have given this decision unanimously. The order is yet to be written.
In 1985, the Supreme Court had said that Section 125 is a secular law that applies to all women.
After which large-scale protests started.
After this, in 1986, the Government of India passed the Muslim Women (Protection of Rights in Divorce Cases) Act.
What has the Muslim religious leader said on the issue of giving alimony to divorced Muslim women?
Wednesday, July 10, 2024
The Supreme Court of India gave a verdict on Wednesday, July 10, 2024, saying that a Muslim woman can demand alimony under Section 125 of the Code of Criminal Procedure.
Mohammad Suleman, founding member of the All India Muslim Personal Law Board, has reacted to this.
Mohammad Suleman said that "The decision given by the Supreme Court in the Shah Bano case in 1985. The Personal Board launched a movement against it. After this a law came into existence. The Supreme Court interprets that law."
"At that time itself the Supreme Court had said that those who want relief under Section 125 will be given relief. This includes the Muslim community as well."
Mohammad Suleman said, "The Supreme Court has believed that the religious guarantee for women's rights is not enough."
"On the recent decision, I have to say that if our sisters, after divorce or separation due to any reason, want justice according to Islamic law, then this is better for them. Those sisters who feel that they should get maintenance under section 125 can go to court.''
"But there is a problem in this that even after separation, the relationship does not end and the woman cannot marry again because due to maintenance, the relationship between the two remains intact. Therefore, this is an unnatural practice."









