SEBI versus Hindenburg: Targeting the Messenger?"

In this video, Sucheta Dalal delves into the Securities and Exchange Board of India's (SEBI) ongoing investigation into Hindenburg Research's allegations against the Adani Group. With a 46-page show-cause notice targeting Hindenburg for alleged market regulation violations, SEBI’s approach raises critical questions about regulatory priorities and effectiveness.
She explores how SEBI's efforts to establish jurisdiction over Hindenburg-a foreign entity with no Indian operations-might be misdirected. She also examines the lack of substantial findings against the Adani Group, despite serious allegations of stock manipulation and accounting fraud. The video sheds light on SEBI's historical pattern of prolonged and contradictory investigations in high-profile cases, including its actions against the National Stock Exchange (NSE) and Reliance Industries Ltd.
As international scrutiny mounts, the outcome of this investigation could significantly impact India's credibility in global markets. Tune in to understand the intricate details of this high-stakes regulatory saga and its broader implications.
For more read: www.moneylife.in/article/sebi...
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[@pchandrasekar25]

I am always amazed at you utmost clarity and thorough analysis. In my humble opinion, you and Debashis are the only crusaders against all the wrong doings in the capital market. My respect as always.😊

[@dipujoy3520]

Madam, unfortunately these things aren't getting enough limelight or getting vaporized in usual political debates on prime time news. With NDTV takeover, Adani also made sure that the last standing media house is silenced.

[@sabyasachimallick4964]

Very good , excellently summing up ALL the important points in small time . Your last words are for dignified to ponder over NOT for darty killer & Thugs .

[@MoneylifeNewsBites]

Thank You .I'm glad you found the information helpful. Please subscribe to our channel for more such content.

[@agytjax]

SEBI is sounding like lawyer for adani !

[@studyonline4763]

Hitman, rather

[@shitiltilve3490]

Golden sentence for today's investors❤

[@Prayukth]

Sebi is as free as Indian media

[@santanodcosta3360]

The head of SEBI is gone mad.

[@ramyasri6093]

Yes

[@Vaibhavpandey2]

@@santanodcosta3360 people who work as puppet can't use their heads. Don't think SEBI head is mad but not independent to use their minds. Otherwise scenes would be very different!

[@studyonline4763]

The country has to serve Adani

[@sundarapandyan3332]

SEBI's diversionary tactics.

[@harinderahluwalia640]

Hindenbergs response to the SEBI show cause notice is worth reading. It will surely influence foreign funds coming to the Indian market and that's won't be good at all

[@1955knv]

Did you read Ashwin Damodaran report on Hindenburg. He doesn't have anything nice to say about the organisation

[@HappyestMoments]

PREACHING AND PROFITEERING ARE DIFFERENT SIDE OF COIN.

[@mg.f.9023]

Brave analysis. Ruling political party is certainly using our institutions to protect their close associates.

[@MoneylifeNewsBites]

Thank You .I'm glad you found the information helpful. Please subscribe to our channel for more such content.

[@ganeshpondy1]

Very Good Points 👍🏽

[@MoneylifeNewsBites]

You're welcome! Please subscribe to our channel for more such content.

[@mari3489]

"Feed the barking dog" was the order. Shelve. Silence. Mantra of Regulators in India.

[@SUKUMARANKIZHAKKEPALAT]

When Supreme Court gave its ruling on the matter,instructions were given to SEBI to submit its final report on the matter as early as possible.SEBI had stated that it may require some more time since lot of data had to be collected.Now we are hearing about the show cause notice to Hindenburg.What about SEBI"s final report on the ownership of persons who invested in the companies through convoluted transactions from overseas.

[@ajsujit]

Manipulation charge is very serious. Regulators are there to stop manipulation.

[@SmileHappyly]

They are not messenger. Ruthless shorter and have conflict of interest.

[@akashpawar189]

What happened to the Himalayan yogi of chitra ramakrishnan fame?

[@ramachandrankannan274]

The real issue is whether such short selling should be allowed ? It is feasible that "research documents" can be released even against companies with strong financial practices to enable the short seller to make a profit

[@munirathnam96]

You are right Indian Markets cannot be held To Random by some random Fake bastards reports

[@studyonline4763]

Adani does not have strong financial practices. Rather, Hindenburg has a strong record of researching and exposing shady companies. Besides, Adani's shenanigans have been reported in some detail--this included even a book!--for several years now well before Hindenburg's report. If something should not be allowed, it is the brazen and relentless stock manipulation indulged by Adani especially since Modi became PM. Please listen carefully to what Sucheta Dalal is saying--the numbers and data are there for all to see

[@ramachandrankannan274]

@@studyonline4763 I am not defending the Adanis . However, the fact remains the Hindenburg report was used to bring down the share price by short selling and to make obscene profits. Two wrongs do not make it right. The question I am raising is how is this type of manipulation of the prices allowed? The arguments against Adanis are that they had a greater than acceptable percentage of shares within the control price of the promoters. This led to short supply of shares and inflated prices. They are not the only set of promoters, globally, who indulge in practices to shore up stock prices. However, an investor can protect himself by checking if the share price is a true reflection of its value. That is what Dalal speaks about when she talks of P/E ratios etc However, a short seller, based on reports, which are not public, is allowed to sell shares at higher price, then publicise his research , cause stocks value to decline and buy the same shares at lower prices and make a profit. This is actually the best way to shake investor confidence in the markets

[@supertoysgift]

Title is perfect..n exact. Why sebi is not in favour of retail investors??

[@mohanv88]

Best chaanel. Earlier i used to read yr articles

[@MoneylifeNewsBites]

You're welcome! Please subscribe to our channel so you can continue to watch more such content.

[@satyam_108]

Maam please make a video on Quant mutual fund

[@ajar4144]

Unfortunately only weak suffer and powerful people get the escape

[@studyonline4763]

Because the weak vote in the puppets of those powerful people.

[@Naveen_B64]

Whenever anyone shorts stocks, he basically borrows it from Broker/client who can ask for their shares back anytime, so SEBI pressurizing brokers is completely nonsense statement.

[@chiruboy23]

Opposition must take up this issue in Parliament.

[@studyonline4763]

Mahua Moitra did. Which is why she was expelled on flimsy charges

[@kbmehta4208]

Two questions:- a) Have you seen Mahesh Jethmalani’s comments on this, if yes what do you think? b) SEBI may not have jurisdiction on Hindenberg, but doesn’t raising of the issue throw a spotlight and bring the issue into centre stage leading to unearthing hidden facts?

[@rajuiyer6753]

You are the only journalist who speaks thre truth regarding the adani group. Nobody except the supreme court belives that sebi will do a proper job. Everyone knows that afani shares were manipulated and are still being manipulated.

[@MoneylifeNewsBites]

Appreciate your kind words.

[@studyonline4763]

Incorrect. Paranjoy Guha Thakurta has been exposing both Adani and Ambani for several years in much greater details

[@rajuiyer6753]

Brave voices are few.

[@motilalsingh8118]

India has to go a long way. Forget about vikshit bharat by 2047.

[@adesaia]

With Usha thorat xRbi dy gov. Now on SEBI board this issue is going to be raised more and going to get murkier. Mrs T is wife of renowned beurocrat Mr Thorat who is close to G family. They will now get more miliage with stronger opposition in parliament . At the right moment it will be raised

[@rajeevbhatnagar6495]

Hidenberg intervened in Indian market. Punitive action is needed so that it is stopped from participating in Indian market in future. And also because other foreign players also become cautious. As regards Adani shares, that is a separate issue. And market surely would take its own path on Adani shares. No one can inflate share price for an infinite period.

[@rajpanchal5347]

Plz share your thoughts every day...Very useful & informative for retailers to understand Game of Stock Market

[@MoneylifeNewsBites]

Appreciate your kind words. Hope you would also help in spreading the word about our channel and encourage others to subscribe as well!

[@francisthomas2007]

I don't say SEBI is right but Hindenberg is also equally wrong. You seem to be biased towards Adani. I don't know who lost money but many made money on downside as well as upside. That way atleast loss was 3 lack crores the upside is 5 lac crores. Enjoy the fun of stock market on upside and downside..

[@satishchand8700]

A hard lesson to hindenburg by indian retailers.

[@devarshikumar7486]

esa hi hai y desh mera

[@satishchand8700]

Casting aspersion on SC judgement

[@LR-sy6wy]

Totally agree on this analysis. The powerful... have the backing of the powerful.... Unfortunately even the commoners support them for a few pennies.

[@saurabhsaroha5141]

Great work mam. keep up the good work

[@MoneylifeNewsBites]

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[@tappude3720]

If SEBI is powerful it will ban outside farm India should act against foreign farms. Or else so many Hindenberg will be created.

[@sureshlalwani410]

Thank you ma'am

[@MoneylifeNewsBites]

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[@nbs1609]

Not sure wat exactly is the outcome expected from the speaker. If u have any facts u can let the authorities/public know.

[@studyonline4763]

The facts are there in front of everyone. Please see them for yourself

[@vijaykumarsingh1190]

Agreed with you. Nice analysis.

[@MoneylifeNewsBites]

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[@asitpatel5957]

A key question to me is whether Hindenberg is a messenger OR a manipulator of numbers in the hands of some anti-India forces. I don’t know the truth, hence cannot discount the possibility based on their past actions.

[@Vaibhavpandey2]

One can put the same thing on Adani group. This manipulation helped adani gathers a ton of tax payers money as loan. I cannot believe there is nothing wrong, SEBI is a sham.

[@kurshymaster3408]

Is Ambani an Anti India force ?😂😂 Kotak Bank did the short selling after Hindenburg shot his arrow. Think about the Indians that are pulling Adani down bcos he's manipulating the market n indulging in money laundering 😂😂.

[@satishchand8700]

Doesn't US Govt protect their own interest? Just try maligning them....

[@jainroy9204]

Finally you know something...

[@smitaraobellur232]

10.45: that's why the stock price went back so artificially. TV anchors now brazenly say A&ani and Am&ani shares will keep the Nifty up!

[@bm8292]

Thanks Madam

[@MoneylifeNewsBites]

Glad you found the video to be useful. Please subscribe to our channel for more such content.

[@shanmugampn4571]

Madam give an update on Chitra Krishnasamy scam

[@saratchandraprayaga6930]

If Hindenburg was a short seller he should have shorted Adani stocks and waited for the fall as they were highly overvalued without resorting to publicly release unauthenticated report to create a massive fall, as without the report the fall would have been gradual without panic. Whether sebi is right or wrong is not for you to pass judgment based on belief that our entities are always false in front of foreign guys let both fight the winner will be right one. People like you only job is to find fault. If Hindenburg was so concerned he should have contacted authorities with the report he didnot do it to get max benefit by going to media. 😮😮😮

[@C01A60]

So much for transparency and trust. Unfortunate and sad

[@SanjayKumar-hp3rk]

Messanger will just give the message and not make money out of it

[@ayanmishra2186]

"Targeting the Messenger" because due process gai tel lene. Journalistic quality in the gutter quite unfortunate trying again again to capture/create another Harshad Mehta moment. If one gora skinned is saying adani bad another gora funded guy is saying adani good? Both are not objective and have vested interests

[@zeelanbashabaig]

For SEBI adani s interests are more important than the national interest

[@satishchand8700]

No evidence only lies in the name of research.

[@sharmakanpur]

mujhe toh lagta hai sab chor hai

[@rajx7120]

Okay. If Adani is bad, then who should be building our infrastructure? The govt? We already have high debt and fiscal deficit. Adani's debt will get added to the govt's balance sheet. And then if by bad luck we get Congress in power (touchwood), all hell will break lose with the khatakhat schemes. These groups like Hindenberg are taking advantage of our desperation to grow, and making money by playing games with us. Now, Adani has recovered the share prices. But Indian investors put their money into it. That money could have spurred consumption. Meanwhile, Kingdon made billions of dollars from this, that could have remained as part of Adani's market cap, with no need of new investor money going into it. Let's not be our own enemies merely out of suspicion.

[@sphb100]

What infra? Every infra made by Adani is collapsing!! Where did all our tax money go that was used for this infra!! No wonder this govt is on its way out.

[@AMITKUMAR-nf8in]

are you a paathshala educate? get some air bro . illness can be cured. all you need to read good books.

[@vijaypurohit8073]

Your heading is too good

[@MoneylifeNewsBites]

Appreciate your kind words. Hope you would help in spreading the word about our channel and encourage others to subscribe as well!

[@ashwinkumart8642]

true

[@MoneylifeNewsBites]

Thank You

[@bran702]

I was wrong about Indian democracy. That India had never been a democratic country. Then what "cracy" really india is? PowerCracy😂

[@Elon..Muskara]

Please correct yourself. Hindenburg is the counter party not the "Messenger".... Hindenburg and its clients has monetary interest in this case.... Adani loses Hindenburg gains or Adani gains Hindenburg loses.

[@studyonline4763]

Nothing of that sort. When a particular corporate, who happens to be the PM's best buddy and perhaps puppeteer, is allowed to flout laws and regulations brazenly, the country loses. Adani's shenanigans have been reported for years now well before Hindenburg, and are in full sight of anyone who knows an iota of the capital markets.

[@starspectrum6454]

Tat Sat. Historically Regulators in India ( to a few exceptions like TN Seshan, Erstwhile Konkan Railway, Kurien of Amul, forget the name of upright BMC commissioner earlier etc ) have the uncanny knack of tripping head over heels by themselves on the nudge and wink of their political masters adroitly subserviently as if they owe their existence authority and responsibility completely unashamedly only to whims and fancies of their masters and their cronies forgetting they occupy the position enjoy the accompanying perks to enforce public good in letter and spirit for Janta Janardhan and not to ignore, obfuscate , delay and settle cases after many many years for a few dollars more, no questions, no acceptance settlement awards . Such wilful dereliction of duties of the regulators cheats Bharat and Bharatiyas, and opens the pandora box of pain and suffering according the Supreme Law of Karma on themselves and families in future by their actions. Hope good sense prevails ji before it is too late.🙏. Maryada Leela Purush Siyaram Shri Shyam Bhakt sahit Bhagwan ko baram baar pranaam ji.🙏.

[@HappyestMoments]

SHORT SELLER IS A MESSENGER 😅😅😅

[@Vaibhavpandey2]

Why not answer questions raised by hindenberg instead is everything is so clean. We all know the reason why!

[@studyonline4763]

A very good one. Please educated yourself

[@rejiaudit]

Can't blame SEBI as they have to take the brief from Adani. So when you are talking about targeting the messenger, SEBI themselves is a messenger

[@suhasdhamorikar5890]

CCP is involved in this case.

[@KobayashiMaru-]

Has india become a banana republic ? Were Ms Chitra ramakrishna and Ms Chanda kochar framed ? How did Ms madabhi puri come to lead sebi ?

[@bran702]

In india, the mega rich 0.00000001% manipulates the other 1.4billion indians excluding the mega rich😮. Keeping busy on religious wars and looting behind is the longtime game 🎮

[@satishchand8700]

Its capital mkt don't turn into commie.

[@PsyXzar75]

Could not agree more. SEBI sucks

[@brijeshmandavi6795]

SEBI is busy with grilling retail traders

[@shabdavedhi]

SEBI is just dumb..!!

[@harsharajbhattacharya]

It was a show cause notice, why bad mouth the regulator? If Hindinberg had no Anti-India bias, then why would they peddle fake narrative against the working of the government along with it? Read their response. You will see how much politically motivated it is.

[@gauravchaubal9993]

Sebi is Adani’s pet dog!

[@ROHIT4882]

Coverage of new Hindenberg episode is downright hilarious on adaniowned media. I'm glad moneylife exists.

[@dnyaneshwarrindhe3974]

Short seller is messenger? Good joke. Hindenburg clearly had vested interest he had made some money during fall of Adani share prices. Your PE ratio argument does not hold good as in today’s market we have some sector PE of 4 and some have 50 and even some have 100. So how can PE will be uniform for Adani and Reliance ?

[@x_man007]

Hindenburg ne SeBi ke bhi dhage khol diye🤣

[@vsba001]

It’s clear SEBI (modi) is protecting Adani. Rahul Gandhi is not wrong

[@aneeshassan7817]

Sebi is working with scammers

[@goutam9357]

SEBI working like a BJP party workers

[@balapatil516]

Chaddi utar diya SEBI aur Kotak ka Hindenberg ne.

[@Educatemass192]

Sebi has been ripped apart by H burg reply & brings in open the great scam covering by Sebi, had the same tactics been applied,Harshad Mehta would hv become India's no 1 corporate, .

[@rakeshmohanty7243]

Unaccountability is the new norm of the modi govt. Few industrialist and politicians eating the foundation of the country inside out.

[@retipserjayzoom]

The root of the evil is not hindenburg.

[@ManOfSteel1]

sebi wala adani ke bete ka sasur hai. neech log game khel raha hai

[@hendy553]

She is a congress agent nothing else

[@NovahScott]

You are a Bjp cellphone nothing else.😂😂

[@hendy553]

@@NovahScott doesn't make me a liar though

[@ultraullu]

​@@hendy553gadhe, 10 sal ho gya.. It cell, 2 rs troll bhasha jan gyi public.. Ab tho sudhar ja.. Kuch tho relevant, dhang ka tho likh

[@candyfloss184]

Modi and Nirmala sitharaman are cheerleaders of a very pallid group of Indian stocks.😅