'They Are Not Journalists, They Are Money Makers': Minhaz Merchant On Hindenburg Report

Who benefits from Hindenburg's hit job on the SEBI? Minhaz Merchant raises grave questions over the short seller's latest allegations, which also come right after the Indian regulators show cause notice amidst an ongoing probe.

Meanwhile, SEBI on Sunday issued a point-by-point rebuttal to a fresh Hindenburg report that alleged potential conflict of interest by chairperson Madhabi Puri Buch and non-action in Adani Group's matters. Firstly, India's markets regulator said all allegations made by Hindenburg Research, against the Adani Group, have been duly investigated.

Earlier in January, the SEBI had stated that the group has been given a clean chit in 22 out of 24 matters. Now, one more investigation was completed in March 2024, and one remaining investigation is close to completion.

#hindenberg #sebi #madhabipuribuch

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