2 prongs of Hindenburg's latest on Adani, attack on SEBI & its chief Madhabi Puri Buch, her defence

Hindenburg, following up on its 2023 report on overseas dodgy investments manipulating Adani Group-linked share price, has raised questions about SEBI, which is looking into the matter. In Episode 1501 of Cut The Clutter, Editor-in-Chief Shekhar Gupta discusses what the new report suggests about SEBI chair Madhabi Buch's Adani linkage, Blackstone connection & consultancies, and the questions that remain after her & SEBI's statements.

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[danishbiochem]

Basic question — why are these NRI and Singapore based people running SEBI in India?

[ragus]

Actually, you forgot to ask a critical question: What were her credentials to become a member or chairperson of SEBI? She is the only person to become SEBI chairperson who is not a bureaucrat - who never worked on any government office.

It's because she helped Adani, and Adani helped her become part of SEBI. Don’t you see the connection? If you go beyond this point, the big fish's will be named.

Why do you beating around the bush?

[hassobhatia]

I was a utility regulator for many years. The rule was no financial or professional interest in the entities we regulated. If there was an inadvertent or incidental interest it must be promptly disclosed publicly. Here no such disclosure was made. If she had declared her interest in Adani sponsored enterprise then she shouldn’t have been appointed as SEBi member in the first place. As president Eisenhower once said ‘ should be as clean as a houndstooth’..

[JESH]

Why Adani is raising more loans from LIC and Public sector banks? Why private sector banks are not lending if the business model of Adani is very good. Govt controlled banks and institutions are helping Adani ? Why

[prembagui]

Vinod Adani is not a citizen of India so, he can't be a NRI. NRI means citizens of India who lives outside India for more than 6 months in a fiscal year.

[chandraaiyar]

Madhavi needs to be fired. These type of investors / consultants shouldn't be allowed to run SEBI.

[Drganguli]

The SEBI chief or family should not do anything in the stock market.

[hariomverma]

Mr. Shekhar, Rationalising any dishonest activity with a BIG web of words. Is not unknown in the world of journalism.

[rajarshibaruah]

Gupta ji, in this episode 20 times "This has nothing to do with Adani". We get it!

[fuhrernithin]

so the SEBI Chairperson invested in a fund managed by her husband's classmate and close friend who also happened to be on board of directors of Adani owned companies and we are sat here explained by Shekhar that these are just allegations and has nothing to do with Adani?

[asifhassan]

Suchitra Ramakrishnan ! Chanda Kochhar !
Does it rings any Bell !?

[vs]

The analysis by Shekhar Gupta is much more sensible than by the many armchair pundits on youtube.

[gautamdasmodi]

In this episode of Create The Clutter, Guptaji explained nothing. He did his classic beat around the bush. 
SEBI chief investing in Adani funds based in Bermuda is only something if you think it is. This is what Guptaji's brilliant analysis has shown.

[ayanmishra]

Only Indian media can treat short sellers as some sort of investigative agency

[pardeeptandon]

Investigation should be done by ED like it investigated the Liqiour scam.

[JanakiramanSundararaman]

Very useful Information on the Hindenburg report by the Print Media.Please keep up this good work!

[ininjad]

Excellent de-cluttering Shekharji👌👍🙏

There is no smoke without fire!

Laaga, chunari mein daag, mitaoon kaise?

[VinayKumar-osju]

Sebi chief should step down as serious allegations are made on her

[anoopp]

Wow, Shekharji really took a lot of time to dive deep into the wonders of Kinderjoy.

[TheAb]

Shekhar ji don’t mind but this seemed to be the most dry episode of CTC. You basically read out the news like the old DD reporters. Viewers may have benefited from comparisons with officials in other organizations akin to Sebi in other countries such as SECC in US. Do higher officials in these organizations do financial transactions like this? What are their disclosures like? Are those all previous govt employees or they are private bankers folded into the govt institution? That would really benefit in expanding the news and give new information. Don’t mind Shekhar ji, I expected more.