The Securities and Exchange Board of India (SEBI) has reported ₹76,293 crore in dues classified as difficult to recover (DTR) for the fiscal year 2023-24, marking a 4.1% increase from the previous year’s ₹73,287 crore. DTR dues are amounts that have remained unrecovered despite exhaustive efforts.
Under Section 28A of the SEBI Act, 1992, along with provisions from the Securities Contracts…
Amid ongoing controversy sparked by Hindenburg Research’s report, global investors are increasingly calling for the resignation of Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch. The call comes in response to allegations that Buch and her husband had stakes in an offshore fund linked to the Adani Group, which allegedly inflated Adani stocks in the past.
Hindenburg…
In the wake of Hindenburg Research’s explosive report implicating high-profile figures in financial misconduct, 360 ONE (formerly IIFL Wealth) has issued a comprehensive rebuttal to address allegations regarding its investment activities. The company, which manages multiple funds, has firmly denied claims that its IPE-Plus Fund 1 was involved in any investments related to the Adani Group…
