Author: Admin
The United States pipped China for top spot in the battle of medals on Sunday as Paris prepared to bring the curtain down on one of the most successful Olympic Games in history. In a thrilling finale that capped 17 days of spellbinding action, the United States women’s basketball team squeezed past France 67-66 to clinch the last gold of the Games. The win — the eighth consecutive Olympic women’s basketball won by the USA — ensured the Americans finished level with China on 40 golds each as the games drew to a close. The USA however finished on top…
The man who was arrested on the charge of raping and murdering a doctor inside a Kolkata hospital returned to his place and went to sleep before washing his clothes the next morning to destroy evidence, a police officer probing the case claimed. The police, however, found marks of blood on the shoe of the accused, a civic volunteer who is not associated with the RG Kar Medical College and Hospital, but used to frequent the place. The body of a woman post-graduate trainee who was allegedly raped and murdered inside a seminar hall of the hospital, was found on…
The capital markets regulator SEBI today asked investors to remain calm and exercise due diligence before reacting to reports such as that by US-based short seller Hindenburg Research. The Securities and Exchange Board of India (SEBI) said the allegations made by Hindenburg against the Adani Group have been duly investigated by SEBI and 23 out of 24 investigations were completed in March 2024. One remaining investigation is close to completion. “As a matter of policy, SEBI refrains from commenting on any investigation and ongoing enforcement matter,” SEBI said. Chairperson Madhabi Buch made relevant disclosures from time to time and recused…
Accusing a school teacher in Tripura’s Gomati district of sexually assaulting a minor girl student, a mob assaulted him leading to his death two days later, a police officer said on Sunday. The police have registered an FIR in this connection, but no arrest was made. It is alleged that the man, who was in his 40s, assaulted the girl during a private tuition session in Udaipur town. Following this, local people severely beat up the government school teacher on Thursday. “After a severe assault, local people took him to RK Pur police station on August 8 night in presence…
The Adani Group today refuted the latest allegations by Hindenburg Research as “malicious, mischievous and manipulative selections of publicly available information” to arrive at “predetermined conclusions for personal profiteering with wanton disregard for facts and the law”. In a stock exchange filing, the Adani Group completely rejected these allegations “which are a recycling of discredited claims that have been thoroughly investigated, proven to be baseless and already dismissed by the Honourable Supreme Court in January 2024”. “For a discredited short-seller under the scanner for several violations of Indian securities laws, Hindenburg’s allegations are no more than red herrings thrown by…
SEBI chief Madhabi Puri Buch and husband Dhaval Buch have said US short seller Hindenburg Research has attempted character assassination of the SEBI chairperson, instead of replying to the show cause notice for rule violations in India. “The investment in the fund referred to in the Hindenburg report was made in 2015 when they were both private citizens living in Singapore and almost two years before Madhabi joined SEBI, even as a Whole Time Member,” the Buchs said in a statement today. “The decision to invest in this fund was because the Chief Investment Officer, Anil Ahuja, is Dhaval’s childhood…
Entire India awaits the Court of Arbitration (CAS) verdict on wrestler Vinesh Phogat’s joint silver medal plea. Vinesh, who was disqualified before her final in the Women’s Freestyle 50k wrestling bout, was weighing 100 grams over the 50kg limit. As the arguments continue in front of the CAS, Vinesh has reportedly sighted the tight schedule between her bout as well as the distance between Athletes’ Village and the competition arena as the reason behind her failure to make the weight cut. According to a report in the Indian Express, the counsel for Phogat highlighted the distance between Champ de Mars…
“Recent external comments on the regulator’s chairperson not only attempt to undermine Madhabi Buch’s contribution to the Indian capital market, but it also undermines our country’s economic progress, and creating a trust deficit in the market ecosystem must be seen for what they truly are – attempts to create sensation by connecting random events done in the past,” the industry having nearly Rs 65 lakh crore in asset under management said. AMFI warned that if the allegations are left unchecked, they can create unnecessary hurdles in the path of the world’s fastest-growing economy. Hindenburg’s claims lack context and understanding of…
Senior advocate Mahesh Jethmalani has slammed US-based short-seller Hindenburg Research’s latest claims as “pathetic damp squib”. “The announcement prior to its alleged big revelation itself reveals its motive: to destabilise India’s stock markets. The pre-publicity ill behoves a reputed “research analyst”,” read his post on X, formerly Twitter. “There being nothing new against the Adani group,” the US shortseller is targeting SEBI’s chairperson Madhabi Puri Buch, Mr Jethmalani added. #Hindenburg’s “Something big” is a pathetic damp squib, The announcement prior to its alleged big revelation itself reveals its motive: to destabilise India’s stock markets. The pre publicity ill behoves a…
Winner of bronze medal in the mixed team 10m Air pistol event, with Manu Bhaker, India’s shooter Sarabjot Singh shot to fame courtesy of his heroics in the Paris Olympic Games. Upon return home, Sarabjot was offered a job by the Haryana government, but he decided to turn it down. While many athletes representing India complain of lack of support and financial assistance in their journey, Sarabjot doesn’t think this is the right time for him to be taking up a government job, as he has not achieved his target yet. Sarabjot revealed that although his family is keen to…