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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, 23:13 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, 16:21 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, 15:37 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.

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Fintech Highlights

  1. Paytm secures Luxembourg payments licence to expand European operations

  2. M1xchange subsidiary Mynd Fintech buys C2FO India

  3. Kotak Mahindra Bank to buy Deutsche Bank’s India wealth and retail business

  4. Banking infra startup Spense bags seed funding led by Arkam Ventures

  5. BharatPe rebrands lending business Trillionloans as BharatPe Capital

  6. Read more news...

AI/Emerging Tech

  1. Meta launches Pocket app for creating games with AI prompts

  2. India extends username review to Telegram, Signal

  3. Indian govt asks WhatsApp to pause username feature rollout over fraud concerns

  4. OXMIQ Labs raises $35 million in Series A funding co-led by Fundomo,Samsung Catalyst Fund

  5. YoLearn.ai raises pre-seed funding led by DataAlpha.ai, White Swan Global

  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: MobiKwik's Third Lending Act; The Entry-Level Squeeze

  2. Money & Machines: RBI's quiet signals; Tamil Nadu's AI act

  3. Money & Machines: One on 1Pay; Gen Z goes AI-First

  4. Money & Machines: Project UPI Meta is back; A case for industrial AI

  5. Previous editions...

PE/VC Tales

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

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

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

  4. Inside the fintech and financial services bets of Peak XV, Accel, Elevation

  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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