The Hindenburg-Adani case continues to dominate headlines as SEBI Chief Madhabi Puri Buch and her husband, Dhaval Buch, have released a detailed rebuttal to the accusations made by Hindenburg Research. Their 15-point response refutes claims of offshore entities linked to the Adani group and attempts to address concerns about potential conflicts of interest and regulatory misconduct. The allegations, published on August 10, 2024, have sparked widespread debate and scrutiny.
Meanwhile, Bangladesh’s interim government has issued a stern warning to media organizations, threatening closure for publishing or broadcasting false or misleading news. This move, aimed at curbing misinformation amidst ongoing unrest, has raised concerns about press freedom in the country. The interim government has cited the need to maintain order and stability during this period.
In other news, the primary market in India is set to witness a flurry of activity next week with five new initial public offerings (IPOs) scheduled for launch. Among these are Saraswati Saree Depot IPO in the mainboard segment and four public issues in the SME segment. Investors are keenly awaiting these opportunities to invest in new ventures.
As the fresh allegations against SEBI Chief Madhabi Puri Buch and her husband continue to unfold, market experts predict a knee-jerk reaction in the Indian stock market on Monday. The Benchmark Nifty-50 and S&P BSE Sensex, which have experienced volatility in recent days, are expected to be impacted. Some experts anticipate initial correction as investor sentiment is influenced by these developments.
In a shocking development, the autopsy report of a post-graduate trainee doctor at RG Kar Medical College and Hospital, whose body was found in the seminar hall last week, reveals multiple injury marks suggesting a brutal murder after sexual assault. The case has sent shockwaves through the medical community and prompted calls for greater safety and security measures for healthcare professionals.
With just hours remaining before the grand closing ceremony of the Paris Olympics 2024, excitement is building among fans eager to witness the spectacular event. French actor and artistic director Thomas Jolly, who designed the opening ceremony, is also overseeing the closing ceremony, which is themed around ‘Records.’ Details about the performers and live streaming options are eagerly awaited.
