In a brand new twist to the continuing Adani case, US-based short-seller Hindenburg Analysis has made critical allegations in opposition to SEBI Chairperson Madhabi Puri Buch and her husband, Dhaval Buch. Hindenburg’s newest report alleges that the Buchs had stakes in obscure offshore funds linked to the Adani Group’s alleged cash siphoning actions. The report … Read more
Religare Finvest Ltd (RFL), an entirely owned subsidiary of Religare Enterprises Ltd (REL), has commissioned an investigation into siphoning-off of funds by the erstwhile promoters of the corporate. “Pursuant to the phrases agreed with respect to the restoration proceeds of Company Mortgage E-book (CLB) portfolio and FDs misappropriated by Lakshmi Vilas Financial institution (LVB) (now … Read more
Religare Finvest Ltd (RFL), an entirely owned subsidiary of Religare Enterprises Ltd (REL), has commissioned an investigation into siphoning-off of funds by the erstwhile promoters of the corporate. “Pursuant to the phrases agreed with respect to the restoration proceeds of Company Mortgage E-book (CLB) portfolio and FDs misappropriated by Lakshmi Vilas Financial institution (LVB) (now … Read more