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Hindenburg alleges India market regulator chief held stake in offshore funds used by Adani Group

MUMBAI, Aug 11 (Reuters) – MUMBAI, Aug 10 (Reuters) – U.S. based short-seller Hindenburg Research in a new report released on Saturday alleged that the chairperson of India’s market regulator Madhabi Puri Buch previously held investments in certain offshore funds that were also used by Adani Group. In a late night press statement, Buch denied these allegations and called them baseless, adding that a detailed statement would be issued later. Hindenburg’s report sparked fresh criticism from India’s opposition political parties who demanded a parliamentary probe. Citing whistleblower documents, Hindenburg said Buch and her husband held stakes in an offshore fund

Delhi Excise policy case: Court issues release warrant of Manish Sisodia after bail from Supreme court

Aam Aadmi Party leader Manish Sisodia

On Friday, August 9, 2024, the Rouse Avenue Court in New Delhi, India, issued a warrant for the release of Manish Sisodia from Tihar Jail. Sisodia, a prominent member of the Aam Aadmi Party (AAP), had been granted bail by the Supreme Court in connection with the Delhi Excise policy cases brought by the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED). He had been in custody for approximately 17 months. Special Judge Kaveri Baweja accepted the bail bond and surety bonds of Rs. 10 lakh each from AAP MLA Prahlad Singh Sahni, Roshan Chauhan, Gaurav Singh Raghav,

CBI arrests ED assistant director for taking bribe of Rs 20 lakh

bribe/bribery

The CBI has arrested an assistant director of the ED for allegedly taking a bribe of Rs 20 lakh from a Mumbai-based jeweller, officials said on Thursday. The Enforcement Directorate (ED) had conducted searches at the premises of the jeweller, Vipul Harish Thakkar, on August 3 and 4. Assistant Director Sandeep Singh Yadav allegedly threatened to arrest Thakkar’s son if he did not pay him Rs 25 lakh, according to the Central Bureau of Investigation (CBI). During negotiations, the amount was reduced to Rs 20 lakh, the officials said. Later, Thakkar approached the CBI. ”The verification of the complaint in

Bangladesh’s Sheikh Hasina lands in India, CNN News18 says

New Delhi, Aug 5 (Reuters): Bangladesh’s former Prime Minister Sheikh Hasina landed in India’s northeastern city of Agartala on Monday after fleeing Dhaka, broadcaster CNN-News18 reported. India is set to offer a safe passage to Hasina, the report said, citing intelligence sources.

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