US short-seller Hindenburg Research alleged that it suspects SEBI's unwillingness to act against Adani group may be because of its head Madhabi Puri Buch had stakes in offshore funds linked to the conglomerate - an allegation slammed by the SEBI head as "baseless" while Adani group said it never had any commercial relations with Buch.
Hindenburg alleged that Buch and her husband had undisclosed investments in obscure offshore funds in Bermuda and Mauritius, the same entities allegedly used by Vinod Adani - the elder brother of group chairman Gautam Adani - to round-trip funds and inflate stock prices.
Responding to the allegations, SEBI on Sunday said it has completed all but one of the 24 investigations into allegations against the Adani group as it responded to US short-seller Hindenburg Research's charge of going slow on the probe, potentially because its chairperson was invested in funds at the heart of the probe - an allegation market regulator head said was "baseless" and an attempted "character assassination".
Only 1 out of 24 probes pending, says Sebi
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When Russell lashed out at Joaquin
Oscar-winning actor Joaquin Phoenix, who played the villainous Roman emperor Commodus in the 2000 film Gladiator, was told he was being \"unprofessional\" by Russell Crowe on the sets of the Ridley Scott movie.
AWED BY EMMA'S ACTING
Jesse Eisenberg says his Zombieland co-star's audition for film made him feel 'so, so small'
Jennifer's Friends collection
Courteney Cox says former co-star took dresses from sitcom
When Big B ran to look tired in Deewar
Megastar Amitabh Bachchan shared a fascinating behind-the-scenes anecdote from his iconic film Deewar on his popular game show Kaun Banega Crorepati.
LIFTING THE VEIL OFF SADHANA'S SPELL
Recounting the beloved Bollywood icon's trailblazing legacy
Jayati is set to empower young girls
Veteran actress Jayati Bhatia, known for her role in the show Sasural Simar Ka, has embarked on a noble mission to educate and empower young girls.
A story of every woman
Divyanka Tripathi says her role in the upcoming series Shiri has been a rewarding experience
Grateful to the ones who helped him
Sidhant thanks the three directors who've helped him grow as an actor
Vijay takes a near tumble
Actor falls after losing his balance on stairs
Anupam left speechless by his guru
Veteran actor Anupam Kher took to social media to pen a heartfelt note for his \"guru and friend\" Mahesh Bhatt.
