It's crystal clear that even our Supreme Court of India was biased on this Hindenburg research allegation. Honestly, talking SC of India tried to save Adani enterprises from this issue. Not only this particular one , even the NEET paperleak! "Justice never served " both these issues ( only recent ones, there are so many of them was previously)! "Is this way our justice system to be served "?
if supreme court wouldnt have been biosed on modani then share market could have crashed and India’s economy will collapse like humpty dumpty… Out economy is growing only in papers not in real world.
❤I agree that the Regulator need not have replied at all But a SEBI or a Committee of the Board should have examined all disclosures given by Buch along with her clarifications if needed and put out a statement affirming that her disclosures were adequate and are satisfactory Plus the allegation by HINDENBURG might be noted in the context that SEBI has not yet got its response to the pending notice Neither the Govt nor the SUPREME COURT has any role or answerability to enter the debate now HINDEN has enough Indian lawyers to file POL in any court and get fat fee
Karan Thapar.. your questions are absolutely good and pointed.. Do get someone who can speak with more conviction. Listened to 13 mins or so and the answers from Mr. Bhave is very diplomatic and evasive..
It's not a case, it matters not when MB is holding the post she must be presumed to be held responsible for what is going on in the organaisation i.e, SEBI
Karan don't invite people who cannot answer your questions without fear. This guy is fumbling wondering what to say,while you are clear what you are asking and he was a former chairman of SEBI
Karan you are doing a great service to the nation. My request to you: Please allow the interviewees to speak... one question less will not make a major difference....
Mr. Bhave avoided embarrassing his colleagues of his former employer. He tried to dodge questions or muddy the discussion. Karan Thapar was absolutely very incisive to get to the truth.
Short sellers are naturally attracted to over INFLATED company values. Hindenburg Research on Jan 2023 held that the Adani Group's shares were over-valued on the Indian stock exchange by 85%. This over valuation, that report said, was attributed to alleged manipulation of the Group's share prices.
It does not stop there . As per reports in the media they inflated coal price and charged more from government. They over invoiced their purchases and made payments to the offshore companies who invested again buying their shares by creating and demand and controlling the supplies.
With a majority of the shares held by the promoters and family members and an abundance of shell companies in orchestration what else can be expected . Not to be left out Sebi and SC too are in helpful attendance .
@@anandkumarmaurya9191. What papers does he need ? Ministry of corporate affairs maintains a database of financials and shareholding of all companies incorporated. The info pertaining to Agora is in the public domain. An ex chairman of SEBI can easily access this data. Prior to and immediately after joining SEBI , she was holding 99% of the shares and the firm was earning revenues during the initial period of her tenure.
Well maybe he is scared . Most the bureaucrats are simple people and are scared. Very few of them had courage to tell the truth and stand against the authority.
When I was a utility regulator it was strictly prohibited to seek employment with any of the regulated entity. If there was an incidental conflict then it must be disclosed. Our staff had to fill out annual form declaring any inflict of interest
Mr. Bhave was very defensive in his answers. Even for a breach of conduct he could not say, it was. Hindenburg provided proofs. It seems they are not acceptable for Bhave
The guest is going in ‘Circles’ on a very important issue of SEBI debarring employees from engaging in alternate income activity while in service . Not a satisfactory answer !!!!
How fortunate were we Indians we had Honest SEBI Chairperson from the time it was installed ? From UK Sinha the SEBI has gone for Dogs and the Country C. B. Bhave 18 February 2008 18 February 2011 M. Damodaran 18 February 2005 18 February 2008 G. N. Bajpai 20 February 2002 18 February 2005 D. R. Mehta 21 February 1995 20 February 2002 S. S. Nadkarni 17 January 1994 31 January 1995 G. V. Ramakrishna 24 August 1990 17 January 1994 Dr. S. A. Dave 12 April 1988 23 August 1990
To sum it up. It was Kejariwal , who told to us all last year while presiding on his Delhi VSabha head chair - It is Ranga dough. Rest all are his Hench (wo)men- Gautum-Vindo-MMB-Billa-Bhagwat-Nita-Anil-Mukesh-... To great extent as well!
Fine interview. Towards the close, Interviewer and Guest were reaching the same conclusion. However, as a lifelong distinguished mandarin, Mr Bhave was framing the answers with greater nuance and caution.
Knowing the choke hold of #RangaBilla and their owners/Keepers in MoShah-MoBani-MoDani-MoRss , it is refreshing there brave enough in retd. govt services who could speak their minds.
SEBI scam must be Probed. this scam also involved the public money of LIC,IDBI,& SBI,& other public sector also hence madhabi buch must be dismissed. & Probed must be initiated.
Current Union & specially Ministry of Fiancé has no understanding of any ethical Business and running a country economically, defense , home etc Total failure in every spear of Governance
In the garb of being measured and responsible, Mr Bhave was being evasive, non-committal and if I may say so then he was trying to raise doubts in favor of MPB. Furthermore, he didn't remotely attempt to hold finance ministry accountable.
SEBI chief has lost the moral ground to continue...but even if she wishes to quit, she will not be allowed to do so as it would expose Modi's game plan to protect Adani
They are missing the woods for the trees. Instead of SEBI, Buch, Adani brother, Hindenburg etc. the finance ministry and its pet the ED must answer the following questions: How did the Adani group grow from 165 in the world to the top 5 within such a short period? Meaning did they grossly inflate their share prices by nefarious means? Second, did Indian banks lend to Adani on the basis of the share values? Third, is all the money invested in the group by the promoters, especially in the last ten years, legitimate or did it come from abroad with dubious sources or havala? Why did the Modi government openly side with Adani instead of ordering an inquiry by parliament in 2022? Why has the finance minister and others in the cabinet tried to shoot the messenger, Hinderburg, instead of distancing themselves from the matter? How did Adani recover share prices after a massive fall in 2022? Who pumped in the money for this apart from SBI and LIC? Was it from other public sector companies or cronies like Ambani in other names? Like front or benami companies. Final question, while the black clouds were looming over Adani and his possible malfeasance why did the Modi government continue giving his group major businesses such as ports and airports? This gentleman beating around the bush is a typical beaurocrat evading the difficult questions. Why has this lady not been suspended so far?
follow the leader - theres nothing shameful or disgraceful or dishonorable in the rss-bjp handbook. all actions are to cow down and bludgeon all institutions and observers - 'u guys can do nothing to us, go to hell '
Can we expect any such respectful behaviour ( responsible reply of Govt) from this irresponsible, ethics less , reckless Union Govt, as we have experienced with this Govt in the past ?
Can you make an investigative video about how Ms Buch was made the chairperson of sebi. What connections with vinod adani and adani in the past may have influenced her selection itself in the first place. You can do this before hindenberg comes out with this !
Oh dear understand the life cycle Adani finance modi election Modi appointed Finance minister Finance minister approve & appointe SEBI Chief SEBI chief under whom sebi carried out an investigation against adani for manipulation of share prices And again adani finance modi election. This is a adani cycle of life There is also a Modi life cycle, in which modi appointe election commissioner, and election commissioner make modi win, don't ask me how, those silly questions will not help you to become a Sherlock Holmes 😂😂😂
@33:45 onward - We beating around the bush. What do you if the numero Uno in govt instilled his hench person in Sebi MMB, in Gautum-Vinod MoDani, in Anil-Mukesh-Nita MoBani, in Billa MoShah, in Bhagwat MoRss, and Ratan MoTata and Mo- WhomSoEver? What do you do???
Karan I am a big fan of you. But please be little patient with your guest like ex chairman . His points before coming to conclusive answer were very thought provoking 😊😊
Why PM is insensitive to his status and his closeness to defend adani is costing BJP too much in hindenberg adani kaand. Common customer of share market faith is eroding.
जिस तरह से कृष्ण ने गोवर्धन पर्वत को *एक उंगली* पे उठा के रखा था उसी तरह से मोदि और बुच्च अदानी को अपनी *उंगली से* उपर उठाकर रखे हैं, But question is कबतक? कबतक उंगली से काम चलेगा, ☝ दर्द सबको होता हैं, गला सबका सुखता हैं 😂
They are busy focusing on West Bengal. This news is not anywhere now. Shows how politicians work together ruling and opposition for their money masters.
Were you trying to make a point by inviting an ex-bureaucrat who was so vague and tentative that he was as good as stonewalling ? In such cases kindly do turn up the volume Karan ji
Karan, as your fan and wishing to see more interviews, I wish to say that your interruptions are short of good manners. You may interrupt to make a point, to correct to clarify; but to interrupt with an undertone of rudeness, arrogance may provoke the interviewer but will turn the audience away from the opinion they need to form, or you may intend them to form. That said, congratulations on great interviews
Looks like Mr. Bhave is either over cautious, or he is protecting his own kind. He continuously said "we just do not know..." But as citizens we have a right to know about SEBIs activities, the government's activities as well as the SC's findings and disclosures. However, Karan should exercise a little more restraint.
@29:15 brilliant of @karanthaper कोई government authority का former Chief ये accept / कुबूल नहीं करता, कि उस संस्था में जो वर्तमान में head कर रहा हैं, वो गलत हैं, आप former election commissioner को interview करो वो बोलेते हैं कि होसकता हैं उनसे गलती हो गई हो लेकिन मुझे लगता हैं वो निश़्चित सुधार करेंगे आप former Judge को interview करो तो वो बोलेंगे कि मुझे इन CJI से बहुत hope हैं, मुझे लगता हैं वो हमें निराश नहीं करेंगे And now this former SBI chief, They all government pensioner अपने present Chief का criticism करने से बचते हुए, टिका टिप्पणी करने से भागते हुए नज़र आते हैं शायद पेन्शन का मामला हो, या क्या पता कोई पुराने मामले को लेकर ED CBI हि कल सवेरे दरवाजे पे आ जाए 😂😂😂
ऐसे ऐसे लोगों को संस्थाओं में बिठाने कि वजह से हि देश का ये हाल हैं, उनको पुछो दिन हैं क्या वो बोलेंगे ह$$$ रात तो नहीं लग रही, लेकिन जबतक zee news पे नहीं बताएगा, मोदि नहीं बोलेगा तबतक *definitive* नहीं कह सकते कि दिन हैं या रात @33:00 ... If government doesn't do it's on its own, than a appointee should bring it to notice to the government that look here I have a conflict of interest there for I am not fit for this post अरे भैया पहले तो जाँच कर सही व्यक्ति को appointe करना नियुक्ति करने वाले का employee का काम हैं, आजतक के इतिहास में ऐसे कितने उदाहरण हैं, जिन्होंने अपने conflict of interest के चलते appointment अस्वीकार कि बताओ? Government के पास investigating agencies होती हैं, appointment के पहले scrutiny होती हैं, तब भी अगर कोई conflict of interest वाला व्यक्ति appointment पाता हैं, *तो वो गलती से नहीं बल्कि जान बूझकर एक preplanned तरीके से नियुक्ति पाया हुआ इंसान हैं*
@@jitkr1489 he sometimes bases his questions on assumptions that are his own subjective opinions. But I wouldn't say he is vile, just not as objective as he could be. He's not intentionally biased like majority of media.
Two three things for audience to know whether wrong or TRUE that I heard madhabi puri buch sebi head 's daughter married to adani 's son , supreme court as well as appointed committee come forward to disclose the facts about recusals and disclosed facts about Madhavi puri buch and even finding it has disclosed then why she has been appointed as a head of sebi (conflicts issue) thirdly supreme court hastly actions in regard to Rafale case pegasus case and hindenburg case are now and may pressure supreme court to think again and act wisely. The people of this country are supposed to know the facts and reality of such cases which ultimately are causing great concerns and severe disappointments. In this very case of recent hindenburg's revelation about sebi and its chief and her association with adani also the ruling regime's total blind support over adani saga.
Our FM has the least knowledge as to what is going on in SEBI. How will she reply to Hindenburg allegations? Poor lady should resign as she is not even an elected MP. FM is expert in making Sambar and Uppams.
Have pity on Amma - she is just a history graduate ,Saar ! .In tune with Modi's policy of hiring candidates without any background or connection to the field , Madam has been flattered to serve the nation like Smriti babu.
Regarding Hindenberg govt needs to answer Karan you are still taking this issue that's correct. Why haven't you questioned and not Interviewed about the West Bengal situation? You talk only about the Modi Government alone.
Hindenburg should share few pennys with The Liar which it earned through the short selling of the Adani shares last time. This time The Liar and Hindenburg both failed to earn some free money. 😂😂😂
Mr bhawe is always hesitant He is not giving one final opnion His answer dwell between may be and may not be ,,which is creating confusion to viewers as how to evaluate or judge sebi or to understand which situation is faulty? Although karan ji is trying to reach Some conclusive ideas but mr bhawe is not giving one final opinion. Ultimately in principle jpc is only solution to unearthen the mysteries, so at the first place JPC is only answer of all doubts.
The present allegations by Hindenburg are devoid of any objective evidence (data/facts) or marks of traceability. It is just speculative and doesn't qualify as a researched report. In India under the PC Act 2018, to prosecute a sitting or past people's representative (MP/MLA/...) and incumbent or retired govt official, Governer's or Govt clearence needed. Not anybody can at random frame allegations and demand investigation or trial. Adani is not protected. Ms. Buch and SEBI do qualify as entitled figures to claim protection under the law. Even Adani group cannot be treated unfairly as Guilty Unless Proven Innocent. Govt need not respond if the matter is not fit. However, if govt chose to respond then explanation is reqd as to why? What would be the implication of the law when the alleging entity is of foreign origin with questionable reputation and has the track record of profiteering by Whistle Blowing? Moreover Hindenburg is neither investor nor stake holder. It gambles in the stock market by inducing instability. It is just a fly by night type rogue player.
Karan, please hear your guest out without repeatedly interruptions. It's very unpleasant and unproductive. Was I watching Arnab in Republic TV? Otherwise your other discussions are always a pleasure 🙏 I congratulate Mr Bhave for displaying so much patience and Providing sensible insight.
If the government would have responded INDIA CREDIT RATINGS WOULD HAVE TANKED DOWN SUCH FOOLS ARE CURSE TO THE PLANET EARTH REGARDLESS OF WHICH COUNTRY THEY LIVE & WORK
@22:45 Talking about rules and/or In our times - Have we learned any thing in 10+ stolen era of INDIA and its 1.46 billions INDIANs - Rules are imposed on the fly for the benefit of MoShah-MoDani-MoBani-MoRss-Mo...While typing this, Ranga changed the rule of MoDani loot from 3rd grade coal (excise free for favor to Aus govt ) w/inflated invoiced to States (by falsifying that it was "A" grade coal) import power generation exported to Hasina govt - A new rule was imposed (for Gautum back then in 2017). Fast forward in Aug-2024 (After BDesh students gave their lives for MoDani crimes in their country) Ranga changed the rule again for Gautum to sell this power back to Indian States!!!