2 prongs of Hindenburg's latest on Adani, attack on SEBI & its chief Madhabi Puri Buch, her defence
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- Опубликовано: 10 сен 2024
- 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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www.sebi.gov.i...[…]-hindenburg-research-s-report-dated-august-10-2024_85606.html
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www.bseindia.c...
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Basic question - why are these NRI and Singapore based people running SEBI in India?
If an USA based NRI can become RBI governor, then why not? They are all Indian Citizens 🤷♂
It's not about nri or Indian, but whether her track record justifies this job?
@@SushmaVivek-xq4nv Fair. But if you are gonna take a NRI businessperson with previous investments spanning the globe, conflict is inevitable, no?
@danishbiochem don't hire anyone with conflicts of interests makes sense.
There is no iota of evidence to back what Hindersberg is saying. It's like tomorrow some person says Rahullah Khan is the son of Ahmed Patel, not Rajiv Khan and get away with it. Santonia Pinto was too close to Ahmed katua.
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’..
There is no iota of evidence to back what Hindersberg is saying. It's like tomorrow some person says Rahullah Khan is the son of Ahmed Patel, not Rajiv Khan and get away with it. Santonia Pinto was too close to Ahmed katua.
@@adityabhatt6746
Bhatt ki maa Abdul ki diwani hai
😂😂😂😂
Only fresh ias should be appointed to all regulatory bodies to avoid these kind of issues. Successful people will always carry some baggage.
@@rajshekhar1147 now babus with no experience in capital markets will running the capital markets 😂
World over successful private sector individuals are taking over government jobs based on experience and wealth of knowledge in that domain and here you want sarkari babus to become head of capital markets. 😂😂😂
India and our bloody sarkari naukari and babu loving culture 😂😂😂
I can prove from the money invested by you or spend by you in those years were linked to you as utility regualtor with same precision as Hindenburg. Monies will always have links.
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.
😂😂😂 student from WhatsApp university
@@Earthaiagency jyada german sephard ko dekhta hai kya chutiye google kar le gadhe
@@Earthaiagency What are you talking about? That is the definition of an NRI. Vinod Adani is an American citizen, not an NRI just like many of my cousins who have green cards or are citizens of USA. Indian constitution doesn't allow dual citizenship. You can verify yourself before calling everyone else names.
It is there in your CIVICS lessons on constitution in school boss. So, if you don't know this, then you are the student of Whatsapp University.
@@maheshdocherla go to school kid 😂😂
@@Earthaiagency How old are you? Gen Z, I believe?
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?
partially Godi media 🙃🙃
Essentially a yes-woman for the plutocrats
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?
Pata nahin Aaj shekhar sir kuch bahke bahke se Lage. Kuch off colour. Unko apna opinion dena chahiye tha. Magar woh Dene saaf bachkar nikal gaye.
he's on bjparty payroll shame of journalism standards
Actually, Congress and its peddlers have nothing but to work as mercenary of Soros.
EVIDENCE?
@@bhabanibehera5737read the report
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
Because Madhavi worked in ICICI and apparently, Anil Ahuja in HDFC. They won't risk their own jobs. In addition, most Indian brokerages as well as foreign brokerages don't cover any Adani companies except Adani Ports for the same reasons as Hindenburg mentioned in first report.
Basically, valuations don't make sense and the whole rise in stock price appears rigged. Many financial analysts also have been saying the same thing long before the Hindenburg report came out.
You can compare Adani enterprises financial statements with those of Reliance and you will find a glaring difference.
Reliance & Apollo Hospitals took huge loans for capex during the last decade and you see their share prices which barely moved for 5 years starting from before Modi. Reliance had taken 2 billion dollars loan to build Jio as well as retail and as soon as they were launched, even though they were successful, share prices did not move because of the huge debt and only when they started selling stakes and reducing debt, did the share prices move. Same goes for Apollo.
But, Adani was completely different and defied ALL logic of market forces. And I was watching all three and several others and owned all three during that time period.
Indians are being robbed in broad daylight by cronies of paw paw
Because their business model are very high risk. Port airports coal mining etc. It requires strong government back especially if it's done outside India. Even within India it's a high risk model.
@@arunnair9166 why rules are being changed to benefit one company
Shouldn’t there be fair competition
Why the resources of the nation is being handed to cronies
@@arunnair9166 So, why GMR & GVK in airports share prices don't rise so much or why private banks are okay giving loans to them? You think only Adani built airports or ship ports?
As regards to coal, Adani does coal TRADING, NOT mining. Adani got his first Indian coal mine only last year.
The original Adani Enterprises is a COAL TRADER i.e they import coal and sell it to local industry.
Why? You ask? Because there is ONLY ONE COAL MINING COMPANY IN INDIA since independence and that is COAL INDIA.
All coal mined in India is done by COAL INDIA and NONE OF IT is exported.
So, everyone has to buy coal from COAL INDIA and hence you don't see anything like COAL FUTURES because there is only one seller.
IN this too, preference in selling goes to PSU industries and then to private Indian companies.
If Private Indian companies don't get coal like Tata Steel or JSW steel, they have to import and that is where companies like Adani do the work.
Just go through Adani's financial statements and compare it with Reliance or Jindal companies between 2010 to 2020. There is a huge amount of literature in the financial circles long before Hindenburg, saying the exact same things.
That is why, NO brokerage in India or elsewhere covers Adani companies except for Adani ports.
Sebi chief should step down as serious allegations are made on her
@@VinayKumar-os2ju Are you still living in 2013 ?
Mr. Shekhar, Rationalising any dishonest activity with a BIG web of words. Is not unknown in the world of journalism.
The SEBI chief or family should not do anything in the stock market.
There is no iota of evidence to back what Hindersberg is saying. It's like tomorrow some person says Rahullah Khan is the son of Ahmed Patel, not Rajiv Khan and get away with it. Santonia Pinto was too close to Ahmed katua.
Hahaha! It’s like my father works in a bank so him nor his family should do not avail banking. It’s like just because someone’s parents are doctors they shouldn’t let their children get treated in hospitals if they are sick. Kya badhiya logic hai 😂
@@adityabhatt6746 Wah! Bank mein kaam karna aur securities se deal karna ek hi hain? ---- "Kya badhiya logic hai "
Insider trading aur conflict of interest ke bare me sune ho?
That's like saying, all the people who are trading, should never join SEBI.
SEBI chief didn't have dream that, 8 years later, some Hindenberg would make accusation on a fund that she bought 2 years before joining SEBI, because some random company, allegedly routed money through that fund.
first of all did you read the report brainless they did allegations about investments before being chief.
Suchitra Ramakrishnan ! Chanda Kochhar !
Does it rings any Bell !?
No. Andhbhakts are deaf and dumb. They can only hear the noise of banging plates from balcony (covid)
Chowkidaar hi chor hai.
Gupta ji, in this episode 20 times "This has nothing to do with Adani". We get it!
There is no iota of evidence to back what Hindersberg is saying. It's like tomorrow some person says Rahullah Khan is the son of Ahmed Patel, not Rajiv Khan and get away with it. Santonia Pinto was too close to Ahmed katua.
@@adityabhatt6746frustrated sanghi spotted..u think wat happens in ur home and applies in other places
Not all.places brother
@@mohithpm4954frustrated fungi spotted.
Hindenburg report is false and mischievous one.
@@ramkum73andhbhakt gobar spotted
Madhavi needs to be fired. These type of investors / consultants shouldn't be allowed to run SEBI.
To kaun run karega, some random IAS babu?
You will not understand it.. you live in the world of conspiracy.. The investment was done in 2015.. long before she become SEBI member... A banker have invested minimum few hundred companies, in past, that does not mean banker involved with any mischief done by any of company.. Are you living in ideals world..
Investigation should be done by ED like it investigated the Liqiour scam.
Why? Who is Hindenburg is it a govt body? Don’t you see they make direct profits off short selling by creating panic amongst you useful idiots.
Why?
Investigating brother in crime?
Because it is case of Money Laundering.
Why PMLA is not being applied?? Why SEBI Chief is considering clean without investigation, when AAP members were considering criminals without investigation??
I was BJP voter so far. But sali haramkhor party hai ye.
@@khalsa322: To prove Modani has nothing to Hide.
The analysis by Shekhar Gupta is much more sensible than by the many armchair pundits on youtube.
There is no iota of evidence to back what Hindersberg is saying. It's like tomorrow some person says Rahullah Khan is the son of Ahmed Patel, not Rajiv Khan and get away with it. Santonia Pinto was too close to Ahmed katua.
It is not about magnitude but preach of privilege.
In gilded towers, high and bright,
Where deals are made away from sight,
The crony capitalist holds his sway,
While justice falters, kept at bay.
Typical Commie poem.
There is no iota of evidence to back what Hindersberg is saying. It's like tomorrow some person says Rahullah Khan is the son of Ahmed Patel, not Rajiv Khan and get away with it. Santonia Pinto was too close to Ahmed katua.
Only Indian media can treat short sellers as some sort of investigative agency
This is so shameful. We have no faith in our own institutions and would rather believe a foreigner with a vested interest. How do you think India fell victim to the East India company?
Only BJP bakths will tell you Short Selling is illegal. Only Godi media would spout the talking points of Adani instead of doing Journalism.
No one has issue accepting the fact that Mallaya, other corrupt millionaires billionaires are fraud. Except why are these BJP bakths so much invested themselves to defend Adani and has issue in accepting the fact that Adani nis a Fraud?
@@North_Lights Where did i say short selling is illegal you dumbf*ck. Stop drinking pappu mutra if you hate India so much just leave India we don't need anti national rectums.
I need to know what is the issue with Short Selling ...as its is a very legal mode of contract as per SEBI itself !!!
@@North_Lights If you have balls go short the market with them but you won't d-ümbfùç*.
Only anti nationals will believe white skin just because they're white skin you have internalised racism. Please leave India if you hate this country so much.
Independence day is upcoming we don't take orders from west anymore must really bother you
Buch aunty is Smarter version of Puja khedkar
😂😂
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.
Broadcast Bill is coming😅
You will not understand it.. you live in the world of conspiracy.. The investment was done in 2015.. long before she become SEBI member... A banker have few invested few hundred companies,, that does not mean banker involved with any mischief done by any of company.. Are you living in ideals world..
They are not Adani funds. There is no Adani in those funds. Dimaag se paidal ho kya ?
Speak on The RG kar medical school doctor rape n murder in Bengal. This news are anyways known that they r an organization of short sellers!
He won't.
RG wouldn't but Shekar can .. Shekar Ji may have felt Hindenburg is more important than human dignity and rights
@@sanjeevsharma9998 There shouldn't be selective and immoral type of politics, there should be impartial and moral politics. Rapes after 2012 Nirbhaya Gang Rape Outrage, especially since 2014 the Rapes are Normalized in India...
@@AnilNG100 According to data from India's National Crime Records Bureau (NCRB), On an average of nearly 90 rapes a day were reported in India... Rapes after 2012 Nirbhaya Gang Rape Outrage, especially since 2014 the Rapes are Normalized in India...There shouldn't be selective and immoral type of politics, there should be impartial and moral politics...
Gupt ji is getting Franklin Templeton ads. Probably he has to oblige them
Why no conclusion of all these issue ?
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.
Regarding your first question, the American standard is that they hand over all their trading accounts and resign from all private positions including University teaching positions when taking up a government job. After their term is over, they go back to their old position. BUT, don't think it is fair because whatever knowledge they gain and network they develop they use in the private sector as consultants like. Note that America doesn't have a bureaucratic class like we have a Civil services system. Hence, only the lower bureaucratic ranks are purely government jobs while the top tier are usually either politicians or from the private sector. For example, Robert McNamara was a director at Ford and became famous for using his army supply management skills & experience in improving Ford's systems and Kennedy took him into his cabinet as Defence secretary to do the same for Vietnam war.
Regarding 2nd question, yes they make all these disclosures and the give an undertaking that now they have no involvement in those affairs and will not do so while in authority.
Regarding 3rd question, I think the details in the first reply should make it clear.
@@maheshdocherla Nancy Pelosi 🙄!
@@LikeDeep-q6w What about her?
@@maheshdocherla read it up. I won't spoon-feed anything.
@@LikeDeep-q6w Regarding insider trading? Yes, despite all the details I have presented above, it is NOT UNCOMMON. There is a documentary on the 2008 financial crisis. Although not insider trading, many of the authoritative figures preceding the crisis had HUGE conflict of interests with their alma maters and subsequent employment with lobbying & hedge firms.
QUID PRO QUO are very difficult to prove unless you have actually spied on them because most of it is negotiated verbally and the exchange can be a very complicated structure to prevent implication later on.
All the data is in the public domain, nothing was done quietly otherwise one would not find any connection. To allege that they received 2 crores as quid pro quo id rubbish. A PE founder would earn 10’s of millions of dollars in salary, so this is just rubbish. No question that this is a malicious attempt by Hindenburg to avoid show cause notice as it continues its nefarious actions of publishing baseless allegations and profiting from short selling
Wow, Shekharji really took a lot of time to dive deep into the wonders of Kinderjoy.
There is no iota of evidence to back what Hindersberg is saying. It's like tomorrow some person says Rahullah Khan is the son of Ahmed Patel, not Rajiv Khan and get away with it. Santonia Pinto was too close to Ahmed katua.
@@adityabhatt6746but BJP is saying Soros is funding them. Do they have any proof?? If yes, why don’t they make their investigative research public??
It seems from henceforth the village school head master or his son can be made chairman of SEBI with no corporate links at all
pl ask govt to investigate which congress leaders shorted the Indian stock market on friday....this will show they were in cahoots with hindenburg
Listened to the whole thing, the allegations are basically weak, baseless nonsense, a desperate attempt by these Hindenburg fellas.
Indian democratic institutions which are to protect the interests of public, proctects the interests of politicians and crony capitalist. Pl. first resign and prove your innocence without defending the case while holding the post.
I am waiting for Malikarjun Kharge to file a court case using Hindenburg's report as evidence against Adani and Sebi chairman. That will be proof of real meat in the allegations.
Good that Hindenburg is acting in the interest of Indian shareholders! Will they reveal how much did they make from their last attack on Adanis?They have done a service by deflating the Indian market just when it has heated up too much.
Gupta ji started off the script on a right note but went so much deep into it and did not know how to end it as he himself was cinfused.
Wow Shekar Ji you spend so much time on Hindenburg report...😂😂😂
Part of tool kit
Hey moron, Hindeburg is Shorting Adani in US Stock markets where your God Adani is selling his companies stocks.
Shorting is legal, ethical, moral, necessary part of Stock Market. Anyone can buy long Stocks. Only people who take highest of the highest risk can Short stocks.
The maximum loss in being a Long stock is 100%. The maximum loss in Shorting a stock is INFINITE. Get that in your clay head, INFINITE loss. This who take the highest risk and pursue the truth and reveal the corruption can only confidently take that much risk, not morons like you.
No one has issue accepting the fact that Mallaya, other corrupt millionaires billionaires are fraud. Except why are these BJP bakths so much invested themselves to defend Adani and has issue in accepting the fact that Adani nis a Fraud?
All are toolkits except doormat malware and godi media😂
@@arunhuddar There is no iota of evidence to back what Hindersberg is saying. It's like tomorrow some person says Rahullah Khan is the son of Ahmed Patel, not Rajiv Khan and get away with it. Santonia Pinto was too close to Ahmed katua.
@@elliotalderson2007 There is no iota of evidence to back what Hindersberg is saying. It's like tomorrow some person says Rahullah Khan is the son of Ahmed Patel, not Rajiv Khan and get away with it. Santonia Pinto was too close to Ahmed katua.
Indian mindset accepts billionaires who don't do any business or job like Rahul, Akhilesh, Pawar, Lalu and Family ganf and so on but always point fingers on the self-made people rising and working. One can easily understand thr amount of investment on which "insunuations" are raised would be a peanut vis-a- vis their networth.
Absolutely true.
Here is the simplified version with an example:
1. A Gujarati head of state (let's call him Mr. Moonji'jee) accepts money from a Gujarati businessman (let's call him Mr. Teppani).
2. Mr. Moonji'jee selects the Gujarati SEBI Chairperson (let's call her Mrs. Dora Bujee) to investigate a possible fraud involving Mr. Teppani.
3. Shri. Mrs. Dora Buji, who has indirectly invested some of her money in Teppani's business, declares that Mr. Teppani has done nothing wrong.
So, Mr. Moonji'jee helps Mr. Teppani to get the money and Mrs. Dora Buji, who is to be investigated, clears Mr. Teppani from any wrongdoing 🤗
There should be a transparent investigation on the allegations and necessary actions to be taken by the government This should include severe actions on those who are supposedly trying to destabilize the Indian economy in collusion with vested interest groups.
From the various recent unfolding of events, one would be too innocent not to believe that there is a larger conspiracy to destabilize India. Coming few years will be very challenging and India needs to deal with this aptly. We are currently inside a geopolitical hotspot.
@@sayantan19911 Before 2014, weak India had no problem dealing with short selling.
Since 2014 56 inch India, oh gaand fat gayi, conspiracy ho gayi. Abki Baar Trump Sarkaar.
I did not understand anything…🤷♂️
Okay.. Summary is..golmaal hai Bhai sab golmaal hai 😂
@@shailkins20 There is no iota of evidence to back what Hindersberg is saying. It's like tomorrow some person says Rahullah Khan is the son of Ahmed Patel, not Rajiv Khan and get away with it. Santonia Pinto was too close to Ahmed katua.
Just read ANI's posts and Hindenburg's X posts. You'll understand the whole issue succinctly. Shekar Ji talks in circles and is confusing, sometimes even to himself :P
@@adityabhatt6746 I thik your brain is washed by media Houses. please understand the matter and then comment
ऐसी क्या मजबूरी पड़ गई मोदी सरकार की
की एक प्राइवेट रिसर्च इंस्टीट्यूट के बंदे को उठाकर सेभी चीफ बना दिया
जबकि हमेशा से रिटायर्ड आईएएस होते थे चीफ
I like hindenburg, someone needs to check these high stakes positions and companies in India.
We expect Guptaji to say that ,there should be some enquiry to clear all the allegations against The SEBI Chairwoman
Sebi leader must resign ,
If investigation found guilty she must be jailed
Our gr8 Sarkar samvidan reply to you - 'GHANTA HOGA!!'
What do you mean put Almighty SEBI chief in jail? You think this is UK 🇬🇧 or even Bangladesh? 🤣🤭 Among average darpok 🦉 desi citizen where do you find such strength of character to stand up to authority?? NOT EVEN SUPREME COURT CAN TOUCH THEM IN THIS MORALLY CORRUPT 🤡 COUNTRY! What can we do these are powerful people O baba ..
what can 🥭 janta do.😪
So much talk and so little clarity. Sebi chairman did dhandli is the simple cut the clutter explanation. Adani is balls deep in the butches.
As of August 14, 2024, the Securities and Exchange Board of India (SEBI) has not publicly released any conclusive findings on its investigation into the 13 offshore entities tied to the Adani Group.
Background
SEBI initiated an investigation into these entities following the Hindenburg Research report in January 2023, which alleged that they were used to manipulate Adani Group stock prices.
In May 2023, SEBI informed the Supreme Court that it had "drawn a blank" in its attempts to identify the ultimate beneficial owners of these entities.
The investigation has been ongoing since then, and SEBI has faced criticism for its perceived lack of progress and transparency.
Recent allegations by Hindenburg Research further complicate the matter, claiming that SEBI Chairperson Madhabi Puri Buch and her husband had investments in offshore funds linked to the Adani Group, potentially creating a conflict of interest.
Current Status
SEBI has not officially commented on the Hindenburg allegations or provided any updates on its investigation into the 13 offshore entities.
The Supreme Court-appointed expert committee is also examining the matter and is expected to submit its report soon.
The investment was done in 2015.. long before she become SEBI member... A banker have invested minimum few hundred companies in past, that does not mean banker involved with any mischief done by any of company.. Are you living in ideals world.. I am also investor of adani.. does that make me a thief or corrupt person.. Come on guys..!!
You are not the head of SEBI.
The constitution has always been interpreted differently for the wayward rich & the common man. The new trend is the leaders of industry & judiciary shamelessly supporting the wrongdoings of the rich close to the people in power. It appears that the entry of the lady into SEBI itself was part of larger plot. Thank you for your efforts to unravel the possibilities, without biases.
To attack the SEBI chairman reeks of desperation. Maybe, their short positions are expiring. So, they want to cause some crash, to make money.
Attack on Adani is like attack on India. Modi and Adani are brothers for life.
@@shantanudutta1539 I said SEBI. I didn't say anything about Adani. I don't care about Adani. Dragging SEBI chairperson with distant associations, to create suspicion, exposes Hindenberg's desperation.
Adani and Modi is not INDIA 😅
And you see no conflict of interest in any of these 3 allegations? I don't care what is Hindenburg's business model or their short positions but this reeks of misgovernance and potential corruption. And that impacts India and common Indians.. Needs independent investigation
@@shailkins20there may be conflicts and they are saying they have disclosed these conflicts, where relevant. I agree that they need to investigate independently and close the matter if there was no hanky panky. However, you can’t not care what Hindenburg’s business model is. That may be the significant contributor to these allegations.
Something does not smell right …. The Indian investment community that works the market ( makes the market ) has been ruled by ex Big bank executives ( citi … Morgan … JPM… DBS…Blackcock … Sequoia …) and legacy brokers sitting at BSE and NSE … why did Ms Buch not exit her position in Adani stocks ( including husband … family .. close friends … dogs and puppies )when she took up a leadership position in SEBI …. Did she declare it when she took up the chair …somehow these EX ICICIC / IDBI leaders fall foul in terms of ethics… and does not SEBI investigate or do self declarations of conflict holding periodically to ensure probity …
In the years to come we'll learn that she was made SEBI chief by Adani.
What a simple way to trivialise the matter and ignore the act of SEBI chief to dabble in offshore tax havens Adani or no Adani. Prima facie conflict of interest is there as proven by the response of SEBI chief. In the end perception is what matters . The longer the matter drags on the more damaging it is , ruling party should not be defending SEBI and Adani.
SEBI is issuing notices to Hindenburg but not to Adani
@@umeshg9107 Jisne job dilwayi hai usko notice kaun bhejta hai
U.K is a Royal Dynasty India is a people's democracy
Oh, I didn't know, Adani owns SEBI 😂 is that company listed, that day is not long when we will see the same with RBI
Still in search of one government department/agency which is not prone to corruption.
Every human is prone to corruption. That doesn't mean everyone will file case on everyone and we will spend our entire awake time, investigating each other on suspicion. Proof is needed.
The real question here that needs to be decluttered is, What was Shekar doing with Marvolo Gaunt’s Ring?
lol
Guptha is sympathetic 😂
Shekhar ji, at 6:35 in the video, you use the word "equipments". Kindly note that the word "equipment" does not have a plural form. It is a non-count noun and is used in the singular only. There is no word "equipments." Thank you. 🙏
No ED no CBI
I'm supporter of this government,
At least do some JPC😢
Actually, only one sentence was said about liability of Hindenberg. Why it has not replied as yet on the questions it has been asked by SEBI and has rather levelled allegation on SEBI. Neither, its disclaimer of the report has been talked about - which talks of its probable involvement of :short selling'. Actually, what is discussed is either out of the mindset that -Whatever Gora says is right and Gora cannot be wrong even if he pickpockets thruough 'short-selling' or talks non-sense. At some point, we may also learn in future that how much George Soros paid to media or politician (which has happened multiple times in India) to peddle its dotted-lines, create chaos in financial market and instability.
Adani to Hindenburg... Maine app ka kya vigadha tha😂😂😂
There is no iota of evidence to back what Hindersberg is saying. It's like tomorrow some person says Rahullah Khan is the son of Ahmed Patel, not Rajiv Khan and get away with it. Santonia Pinto was too close to Ahmed katua.
@@adityabhatt6746how much you get paid for these kind of comments ???
@@user-oy5ws1eq6cu have read the report? What are the documents backing the allegations.can u explain..
@@user-oy5ws1eq6cjust typical it cell agent
@@adityabhatt6746....answer the Question raised by them....Instead of Modi Bhagting
Ajay Tyagi was replaced by Buch, and this is a change that BJP government did. Ajay Tyagi was strict on filing cases against corporate corruptions in the market. And he was replaced by Adani's childhood friend Madhabi Buch. These Gujju gangs are looking shady, needs to be investigated.
Do CJI stock portfolio have adani share🤔
Adani's business has no value, they haven't made any improvements in processing, the only reason they make money is because it's easy for them to win government contracts. A classic case of Crony Capitalism.
Gupta ji is at his best n perfected way of diluting n trivializing issue involving Abani,Mobi and all others.
Rules to become Sebi Director or Chairman :
1. Should not have a Demat account
2. Should not have any investments except FD in nationalised banks
3. He/her wife/husband should be a house wife/husband
4. Children should be working as clerks or senior clerks in any unlisted company' which has no chance of future listing
5. He/she never had any job or consultancy related to investing, equity markets n financial instruments dealing companies in india or abroad at any point in their lives.
6. He/she should not have friends who are working in investing, equity markets n financial instruments dealing companies in india or abroad at any point in their lives.
7. He/she or family should not know any politician or any beurocrate met or intereacted at any point in their life.
Well said. 😊
Very useful Information on the Hindenburg report by the Print Media.Please keep up this good work!
Shekhar ji relating what Hindenberg and the Fund (IIFL) said, which is that the fund didn't invest in any company i.e. even Hindenburg isn't making that charge. But who is saying this? Rahul Gandhi! Hindenburg says 'invested 'alongside' Adani' and Rahul Gandhi quotes it to say invested in Adani! So even if Adani is a crook, and Hindenburg's word is gospel truth, even then it proves that Rahul Gandhi is a liar (or has poor comprehension of basic English)
140 crore people but why NRI is needed here?
How much money these people need, Jesus!
Wonderfully explained, shekhar sir.
Anybody who has been involved in the Financial Markets for long would know that this a classic hit job.
The first Sebi Chairman, Mr GV Ramakrishna, soon after he accepted office, instructed sale of very small qtty of physical shares (inherited by him from his father) in State Bank of Mysore. Such level of probity is very rare. I think Mr CB Bhave also practiced highest degree of probity
KRL Raju, former President of Bangalore Stock Exchange 1993-95
this guy has the guts to put his reputation at stake (assuming he has any) for other people's sins. there is enough fodder in the report that warrants an investigation.
Hindenburg once again failed to crash down indian stocks market..indian shareholders investment completely in safe mode. This time HIDENBARG FAILD TO GET SHARES AT LOW PRICES ..OUR OWN OPPOSITION LEADERS ALSO BEEN FOOLING AROUND..LUCKLY THIS TIME AROUND BOTH PARLIAMENT . BUSINESS COMPLETED BEFORE THIS REPORTS😢HA HA HA
To do a 40 min episode on a non event smacks of the dearth of ideas at The Print. Looks like Shekhar Gupta is losing it by the day.
Why do you think like that ? I was waiting for his explanation on this ....
Didn't you watch it like thousands of other honest citizens of Bharat who are worried that their govt is getting venal ...
If someone accuses somebody he or she will think several times. Because they have to face the consequences.
Don’t labour to show the guilt of Madhabi Puri insignificant. This throws light on yourself only.
Why nobody is questioning Hindenburg's sudden interest in Indian stock market.
They are short sellers and make profit when market falls.
They are monsters and should be banned from short selling in India as they are using their hold in media to cause market fall.
They do not invest in India. They short sell Indian companies quoted on American stock markets.
Whole SEBI board must Resign.
But, in Buch's reply statement, she says they were assured by Anil Ahuja, that none of the money was invested in Adani companies. He probably meant direct investment or bonds of Adani only. My main issue here is can a person be director of Adani Power followed by director of Adani Enterprises, while working at the same time as CIO of IIFL's offshore funds?
Isn't that like working for two different private companies and obviously a conflict of interest on behalf of Anil Ahuja himself?
There is no iota of evidence to back what Hindersberg is saying. It's like tomorrow some person says Rahullah Khan is the son of Ahmed Patel, not Rajiv Khan and get away with it. Santonia Pinto was too close to Ahmed katua.
@@adityabhatt6746 Read the documents. Do you understand finance and what money laundering is? Do you know what public shareholding norms are and what determines share prices? The suspicionwas expressed by many in India before Hindenburg. That is why, no brokerage covers Adani even though it is in Nifty.
@@adityabhatt6746 All mutual funds portfolios are available only. Go see how much they hold of Adani companies despite being a Nifty company except QUANT MF. You can even check foreign run MFs also like Franklin Templeton.
Compare it with the rest of the NIFTY index and then go back in history and see when Adani holdings drop off.
You can also check the PE values as well as financial statements of Adani group for past 10 years and compare them to the other most valuable companies.
If Hindenburg is doing it intentionally to damage India, then Adani is NOT the one to target.
The entire financial industry is run by GUJJUs, Marwadis & banias and THEY are not holding the Adani stocks for long term at all except Adani Ports since several years. Why?
Yet, it keeps racing ahead of the rest of the stocks. Why?
Compare the balance sheets with any Tata company or Godrej company or Jindal company and try to find the reasons for the valuation.
Then, if you really know how the market functions, you will realise the disparity.
Adani is NOT Tesla or Microsoft. It does NOT do anything innovative or niche business or high moat business.
Far smaller companies have built far more airports and seaports in India. Coal trading is done by many companies.
And finally the debt.
@@maheshdocherla how much is P/E ratio for Nvidia atm. 😂 What is the P/E ratio of tech companies and several other companies. Those fundamentals are meant for investors who take into consideration several other aspects.
And with regard to my knowledge and understanding of finance and money laundering is concerned you will be surprised, I can promise that I can school noobs like you any given day.
Conclusion kiya hai
Goes over my head
Investment was in a shell company which is a serious issue!!!
You have forgotten to mention that Anil Ahuja was a director in Adani Power for 9 years during the time he was managing the fund in whicjh Buch's had invested. With this the connection with Adani is crystal clear. Please clarify to your viewers.
Many have been sent to prison by ED for very less.
Secondly eg mahua mohitra was thrown out of parliament for conflict of interest.
Icici and dhoot heads were also persecuted for similar charges
Isn’t it beneficial for the country to get everything checked in a time bound manner.
He is hitting the Debi and Adani with a kid glove . His credentials should be investigated too .
At this point, we should set up a separate permanent and full-time investigation agency (like ED or something) to investigate all allegations coming from Hindenburg at regular intervals or at the onset of all Adani IPOs 🤣🤣. And make sure this new agency is constitutionally recognized at the level of CBI!
It's just mud-slinging at this point. She withdrew their money from the fund because they were required to do so for her to join the board. First she recused herself, then they thought that even husband's interest is quite shady, so they withdrew that as well.
It appears that Hindenburg does not like a regulator who has ever made any investments in her life at all; otherwise it would be a conflict of interest. But you need the expertise too, anyone worth her salt for this position would have some serious history in investments.
Generally very good good impartial coverage. I watched the full video. But one thing you probably missed out is whether she disclosed her investment in Singapore firm and the companies for which she provided consultancy to SC when they asked SEBI to investigate previous Hindenburg allegation. Keep it up and continue to produce such videos.
Madhbi disclosed everything to Madhbi and Madhbi told everything is alright?😀😀😀😀
SG do some unbiased commentaries to get more active contributors. Not all the govt does is negative . Propping up dead horse opposition members who are critic of Bharat.
The market in its wisdom is the best judge. The market did not fall.
The amount of attention devoted in Bharat to an obscure, somewhat seedy U.S. hedge fund with a poor reputation, even in the U.S., is frankly embarrassing. There is scant journalistic curiosity about their timing and possible motivations. But that is where Bharat's English-speaking press is at this moment.
How many times the toolkit followers, RG, INC, GEORGE SEROUS and they cannot skare Indian small investors. Shame on those follows toolkit. Indians won't tolerate again and again false narratives. The matter already settled by SC.
Kick out krdo short seller ko... 4$million sapana ho gaya ab ki nar...
No need for anyone to make use of "alleged"while commenting on this matter. Supreme Court please take suo moto cognisance get to the truth. 🙏
this wil hapen if corporate linked people are made regulators chairman, earlier they were IAS and other , who generally have govt. service under their belt, not corporate roles., if at al technicaly no action was made by sebi in any favour of any corporate, still questions will rise
This clearly gives an impression is all these guys milking SEBI and looting common Indians. Primmum will be paid by MODI, Shaha and Adani for this complete mess. Power, Arrogance and Loot people just note and show result when time comes. No wonder BJP again trying for Hindu card. ( People may never believe again)
Seems Hindenberg is trying to be activist but with conflict of interest itself.
We should ask them about their conflict of interest.
Mr Gupta, you have muddled your way through this explanation. Taking so many irrelevant side quests. Until minute 19 you failed to even mention when the SEBI chairperson took charge. You say you want to be fair. I think you have been fair to only Hindenburg! If Hindenburg was commissioning a muddle-the-issue hit piece they would have loved your video.
And while you talk at length about alleged conflict of interest and repeatedly do guesswork to give Hindenburg the benefit of doubt. You fail to point out the more obvious conflict of interest that Hindenburg has in this whole issue. Those of ‘alleged’ short positions they might have, which benefit from these periodic attacks. In choosing your script structure,you have rendered the facts of the case toothless!
If you believe that Madhavi has made the same mistake/error as Chanda Kochar, I highly doubt your research and intelligence.
So what is the conclusion of your journalistic investigation. Is Hindenberg report a trash or is Madhavi guilty?
Shekharji, can you do an episode on alleged "Conflict of Interest" in the USA Supreme Court as it ruled ex-presidents have broad immunity, dimming chance of a pre-election Trump trial, even though 3 of them were appointed by ex President Donald Trump and this case was about Donald Trump. Why did the 3 judges not recusal themselves?
If you are saying it is alleged many times about Madhavi buch
Then why are you saying that investment amount is very little about
5 Cr dollar
Corruption is corruption
We know in India staff conducts public hearings, discussions but the real decisions are made by the Chief