Opposition parties asked the government to immediately suspend the Sebi chairperson.
The Congress urged the Supreme Court to take cognizance of the latest allegations.
The Opposition parties also said the government concluded the Budget session of Parliament a day in advance because it feared it would be questioned on the issue if the House had functioned on Monday.
The session was scheduled to end on Monday (August 12) but concluded on Friday (August 9).
Congress President Mallikarjun Kharge said small and medium investors belonging to the middle class, who have trust in Sebi and invest their money in the stock markets, needed to be protected.
The Congress said it feared the Hindenburg report could trigger market volatility and hurt small investors when the market opened on Monday. In its latest report on Saturday, Hindenburg Research said Madhabi and Dhaval had stakes in obscure offshore funds linked to the Adani group.
The Buchs issued statements to reject the allegations.
Union ministers and Bharatiya Janata Party (BJP) leaders, such as Jyotiraditya Scindia, accused the Congress of trying to stoke financial anarchy in the country.
Diese Geschichte stammt aus der August 12, 2024-Ausgabe von Business Standard.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der August 12, 2024-Ausgabe von Business Standard.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
WazirX Creditors Ask Firm To Speed Up Restructuring
In a recent townhall meeting, creditors of WazirX pressed founder Nischal Shetty and the restructuring legal team for solutions, seeking representation on the committee of creditors (CoC) and expeditious restructuring within four months, and asked for clarity on redistribution of potential gains from future crypto market upswings.
Used-truck prices spike up to 21%
With the government reviewing its vehicle scrappage policy, the price of used trucks has surged by up to 21 per cent in certain segments. The rise in used-market prices is also driven by demand from the government's infrastructure projects, say industry sources.
RAJASTHAN: Traders flag land, transportation woes ahead of summit
The Rajasthan government is gearing up for a three-day investment summit in December.
Chevron to sell stake worth $6.5bn to Canadian oil firm
Chevron Corp agreed to sell stakes in oil sands and shale assets in Western Canada to Canadian Natural Resources for $6.5 billion.
Surging Chinese stocks may advance another 20%, says Goldman Sachs
Goldman Sachs Group upgraded its call on Chinese stocks to overweight, as it joined a camp of optimists that are touting the positive impact of Beijing's stimulus blitz.
Ola EVs on a bumpy ride as social media takes stock
Comedian Kunal Kamra and Ola's Aggarwal engaged in a verbal duel on X
India's manufacturing under-performance: A new clue from 'multi-plants'
Perhaps the biggest failure of India's development and an equally big puzzle is why India has under-performed in labour-intensive manufacturing whether measured in terms of output, exports or employment.
Orders, input costs to keep cap goods on rails
Brokerages predict 12-22% revenue growth, 13-18% rise in Ebitda
Equity rally fuels fastest quarterly growth in MF assets in five years
Average AUM in Q2FY25 rises 12.3% sequentially to ₹66.2 trillion
Hero Motors withdraws papers for ₹900 cr IPO
Hero Motors, the auto components firm of the Hero Motors Company (HMC) Group, has withdrawn its documents for an initial public offering (IPO) worth 900 crore, an update Securities and with the Exchange Board of India (Sebi) showed on Monday.