Buch is rekt, so is SEBI

- Hindenburg Research has responded to SEBI chief Madhabi Puri Buch's weekend statement accusing the short-seller of character assassination. - The short-seller's post on X claims Buch's response raises new critical questions and includes important admissions. - Hindenburg's report alleges the Buchs had stakes in offshore funds used by Vinod Adani to trade large positions in Adani Group shares. - The Buchs dismissed the allegations as baseless, accusing Hindenburg of character assassination in response to SEBI's enforcement action. - Hindenburg's response questions Buch's commitment to transparency and calls for a public investigation into the issues raised. Source: [Economic Times](https://economictimes.indiatimes.com/news/india/hindenburg-says-sebi-chief-madhabi-puri-buchs-response-to-its-allegations-raises-numerous-new-critical-questions/articleshow/112453325.cms)

- Aur humien time pe tax barna hain - Diesel car nahi lena hain - Moonlighting nahi karni hain - Bitcoin main invest nahi karni chahiye - Real estate main indexing ki benefit nahi leni hain

- Whistleblower documents show SEBI Chairperson Madhabi Buch and her husband had stakes in offshore funds used in the Adani money siphoning scandal. - SEBI has shown a surprising lack of interest in Adani’s alleged undisclosed web of Mauritius and offshore shell entities despite overwhelming evidence. - SEBI sent a 'show cause' notice to the whistleblowers, questioning the disclosure around their short position rather than addressing the allegations against Adani. - Madhabi Buch and her husband moved their assets out of her name ahead of her politically sensitive appointment as SEBI Chairperson. - SEBI has taken no action against other suspect Adani shareholders operated by India Infoline, raising questions about the regulator's objectivity. Source: [https://hindenburgresearch.com/sebi-chairperson/](https://hindenburgresearch.com/sebi-chairperson/)

What do we make of these allegations? Does it result in a turmoil in the market in the coming week? How does opposition play and make it another witch-hunt

Arjun Mohan will be Byjus new CEO

- SEBI has issued show-cause notices to Paytm founder Vijay Shekhar Sharma and board members over alleged fact misrepresentation during the IPO. - The probe, initiated by inputs from RBI, questions Sharma's compliance with promoter classification norms. - Paytm clarified that this is not a new development and has been disclosed in financial results for March and June 2024 quarters. - SEBI's notices relate to Sharma's eligibility for ESOPs post-IPO, with allegations he should have been classified as a promoter. - The fintech major has faced regulatory challenges, including a recent fine of INR 47.12 Lakh for unpaid stamp duties. Source: [Inc42](https://inc42.com/buzz/fresh-trouble-for-paytm-as-sebi-issues-show-cause-notices-alleging-fact-misrepresentation-during-ipo/)

Hey Buddies, I am recently started investing in QUANT ELSS MUTUAL FUND to save taxes. However seems like the probe by SEBI is not going in right direction, including: - CEO Resigned. - Court Orders for Document Seizure. - Mutual Fund not returning much now a days. What steps should I take after this? Shall I change my mutual fund for ELSS? any suggestions on MF i should start investing in? Thanks.

Unacademy CFO Subbu has resigned. Shit doesn't seems to stopping any soon for Unacademy. How many more folks from senior leadership will have to resign before investors throw Mr Munjal out of the company?