Hindenburg Report Sparks Fresh Adani-SEBI Controversy, Opposition Demands Probe

Hindenburg Research has released a new report alleging that SEBI Chairperson Madhabi Puri Buch and her husband were involved with offshore entities connected to the Adani Group. The report alleges that the Buchs had an account with a Mauritius-based fund linked to an Adani director. SEBI has dismissed these claims as retaliatory and aimed at undermining its credibility. The Adani Group has labelled the allegations as recycled and discredited. The controversy has intensified political debate, with the opposition demanding a Joint Parliamentary Committee investigation, while the BJP accuses Congress of economic disruption.