IVCA stands firm behind SEBI Chairperson Madhabi Buch amid Hindenburg allegations

Quick Summary:

The allegations claim that Buch had stakes in obscure offshore funds allegedly linked to the Adani group.

"We remain committed to working closely with SEBI and its leadership to ensure the continued growth and success of the Indian capital markets," the association affirmed.

The IVCA believes that the allegations made by Hindenburg are "unwarranted" and do not reflect a deep understanding of the Indian regulatory environment.

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Article Details

Author / Journalist: Pooja Malik

Category: StartupsEconomyBusiness

Markets: India

Topics: Made Allegations Statement Ivca Policy Hindenburg Association Sebi India Privacy Buch

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-12 @ 06:08:37 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 310 words

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Sentences: 17 lines

Sentence Length: 19 words per sentence (average)

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News ID: 22026742

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