A special Mumbai court ordered an FIR against former Sebi chief Madhabi Puri Buch over alleged stock market fraud, regulatory violations. Along with Buch, 5 others were also under the scanner, according to PTI. The order came after Buch’s end of tenure as the regulator’s chief recently. Buch faced a slew of allegations of impropriety…
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…
Backing markets regulator Sebi chief Madhabi Buch in the Hindenburg controversy, the mutual fund industry, as represented by AMFI, has issued a statement saying these are attempts to create sensation by connecting random events done in the past. “Left unchecked, it can create unnecessary hurdles in the path of the world’s fastest-growing economy. These statements,…