Two industry bodies call allegations ‘unwarranted’

Two industry bodies call allegations ‘unwarranted’

NEW DELHI: At least two industry bodies – Amfi and The Indian Venture and Alternate Capital Association – on Sunday publicly came out in support of Sebi chairperson Madhabi Puri Buch and the markets regulator and called Hindenburg‘s allegations “unwarranted” and “lacking in context”.“We believe that the recent allegations made by Hindenburg are unwarranted and … Read more

Madhabi’s response raises new critical questions: Hindenburg Research

Madhabi’s response raises new critical questions: Hindenburg Research

Mumbai: Late Sunday night, Hindenburg Research put up its response to a release by Sebi chairperson Madhabi Puri Buch and husband Dhaval that had called out the US short-seller’s Saturday report as an attempt of “character assassination” of the regulatory chief.Posting on its X account, Hindenburg said that the response from Puri Buch “includes several … Read more

Madhabi Puri Buch: Sebi chief flags bubble in midcap, smallcap space

Madhabi Puri Buch: Sebi chief flags bubble in midcap, smallcap space

The Securities and Exchange Board of India (Sebi) chairperson, Madhabi Puri Buch, on Monday raised concerns over stretched valuations of small- and mid-cap stocks, which are generally favoured by retail investors and have continued to enjoy their patronage through monthly purchase mandates to mutual funds built around such investment themes. “There are pockets of froth … Read more