SEBI Banned Anil Ambani from Markets for 5 Years, Fined Rs 25 Crore for Unscrutinized Loans

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SEBI has imposed a hefty fine of Rs 25 crore on Anil Ambani and barred him from participating in the securities market for five years. The Securities and Exchange Board of India (SEBI) has taken stringent action against Anil Ambani and Reliance Home Finance Ltd. (RHFL) for disbursing loans to related parties without proper scrutiny. … Read more

Who is Madhabi Puri Buch, SEBI Chairperson Accused by Hindenburg of Involvement in Adani Offshore Fund Scandal

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Hindenburg alleged that Madhabi Puri Buch, the chairperson of SEBI, and her husband had stakes in both obscure offshore funds used in the Adani money siphoning scandal. US-based short-seller Hindenburg Research has made serious allegations against SEBI Chairperson Madhabi Puri Buch, claiming that she and her husband held stakes in obscure offshore funds linked to … Read more