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Hindenburg

Sebi slaps Rs 6 lakh fine on Ebix for disclosure lapses in DRHP

Sebi slaps Rs 6 lakh fine on Ebix for disclosure lapses in DRHP

24 Dec 2024, 11:13 PM

Sebi found that crucial information, such as regulatory actions and financial plans, was omitted in the draft red herring prospectus.

Hindenburg says SEBI chief Madhabi Puri Buch’s response confirms ‘massive conflict of interest’

Hindenburg says SEBI chief Madhabi Puri Buch’s response confirms ‘massive conflict of interest’

12 Aug 2024, 04:21 PM

The US-based short seller said Madhabi Buch's response "includes several important admissions" and "raises numerous new critical questions."

'Madhabi Puri Buch made relevant disclosures': Sebi on Hindenburg report

12 Aug 2024, 03:37 PM

Also, Madhabi Puri Buch and her husband Dhaval Buch, in a joint statement, described the Hindenbirg claims as "baseless allegations and insinuations" devoid of truth.

Sebi chief Madhabi Puri Buch had hidden stakes in Adani

Sebi chief Madhabi Puri Buch had hidden stakes in Adani's offshore funds: Hindenburg

11 Aug 2024, 03:45 AM

SEBI Chairperson and her husband, Dhaval Buch, had hidden stakes in the exact same obscure offshore Bermuda and Mauritius funds, found in the same complex nested structure, used by Vinod Adani, the report said.

Who Reads Us

Fintech Highlights

  1. Go Digit's Q1FY27 net premium up 7.4% to Rs 2,094 crore, profit falls 37.5%

  2. InCred Finance FY26 revenue from operations up 36% to Rs 2,546 crore

  3. NeuralKart bags seed funding led by Inflection Point Ventures

  4. Zaggle to invest in cross-border payments company Unobanc

  5. Turtlemint FY26 revenue up 57% to Rs 1,098 crore

  6. Read more news...

AI/Emerging Tech

  1. BusinessNext raises Series C funding led by ServiceNow Ventures at $700 mln valuation

  2. Fractal Q1 FY27 revenue rises 20% to Rs 913 crore, profit jumps 92%

  3. FireAI raises fresh funding from existing investor SucSEED

  4. Thinking Machines Lab launches its first AI model Inkling

  5. SwitchOn secures pre-Series B funding led by IvyCap Ventures

  6. Read more news...

IPO Tales

  1. Zepto IPO: Can this cash-hungry quick commerce model turn profitable?

  2. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

  3. Shiprocket IPO: A profitable core, costly emerging bets

  4. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  5. Read more news...

Money & Machines

  1. Money & Machines: Ashneer Grover’s third attempt at Third Unicorn; Rise of AI-powered travel

  2. Money & Machines: (UPI) Zero for Whom?; The Sovereign AI Dilemma

  3. Money & Machines: Regulating crypto without regulating crypto; iMerit's human edge

  4. Money & Machines: Pricing Razorpay; Where is Indian PE in AI?

  5. Previous editions...

PE/VC Tales

  1. Inside the fintech bets of Blume Ventures

  2. There's much more to AI than just agentic AI: Inflexor's Harsha Mundhada

  3. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high

  4. Micro VCs: Fueling India's startup pipeline or distorting it?

  5. Read more news...

Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

  2. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset

  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]

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