SEBI warns against blindly following investment advice on social media, advising caution. While acknowledging the positive role of many experts in enhancing financial literacy and empowering investors, Securities and Exchange Board of India cautions against those exploiting their large followings for personal gains. The focus of SEBI’s recent investigation was on the conduct of guest […]
The Supreme Court criticized SEBI for taking a decade to issue a show-cause notice to a finance company accused of misappropriating funds, emphasizing the need for regulatory efficiency. The court questioned SEBI’s delayed investigation, signaling a call for accountability and improvement within the regulatory body. This critique highlights the challenges in regulatory oversight and the necessity for timely and effective regulation.
In a recent hearing concerning the Adani-Hindenburg matter, the Supreme Court of India addressed allegations of bias against members of the Expert Committee it constituted, particularly focusing on Advocate Somasekhar Sundaresan. Chief Justice of India DY Chandrachud, leading the bench, labeled these allegations as “unfair,” emphasizing the need for responsibility in making such claims. Also […]
The Supreme Court of India has reserved its verdict in the high-profile case involving allegations by US-based short-selling firm Hindenburg Research against the Adani group of companies. The allegations, which accused Adani of stock market regulation violations, led to a significant drop in the group’s share value. The bench, led by Chief Justice of India […]