PAC to investigate allegations against SEBI Chief Madhabi Puri Buch: Reports
New Delhi: As per reports, the parliamentary Public Accounts Committee (PAC) will be investigating allegations against Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch. A possible summons for Buch may be issued later this month, as reported by the Economic Times.
The investigation comes after several PAC members demanded an inquiry during the committee’s first meeting on August 29. The PAC, led by Congress leader KC Venugopal, includes members from both the NDA and the opposition's INDIA bloc.
While the agenda item for the meeting did not specifically name SEBI or its chief, it was broadly listed as a "Performance review of regulatory bodies established by an act of parliament." Unnamed sources have stated that the inquiry is linked to recent allegations against Buch, including a conflict of interest in SEBI's investigation into the Hindenburg Research allegations against the Adani Group. Additionally, SEBI employees have lodged a complaint with the finance ministry regarding a "toxic work culture" at the regulator.
Madhabi Puri Buch has denied any wrongdoing, and SEBI has refuted the employees' claims, suggesting that "external elements" might be involved in the complaints, which they described as "misplaced."
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Power bank catches fire inside stationary IndiGo plane at Chandigarh airport; all evacuated
New Delhi (PTI): The power bank of a passenger onboard a stationary IndiGo aircraft caught fire at the Chandigarh airport on Tuesday, and all passengers and the crew were evacuated, according to a source.
In a statement, the airline said that when IndiGo flight 6E 108 from Hyderabad to Chandigarh was stationary after landing, an incident involving a customer's personal electronic equipment catching fire was reported.
"In the interest of safety, an immediate evacuation was carried out, and all the relevant authorities were immediately informed. All customers have been safely moved to the terminal and are being attended to by the team to ensure their well-being," the statement said.
The source said that soon after the aircraft landed, there was smoke coming from one of the overhead bins and all onboard were evacuated.
The smoke was due to the power bank catching fire, the source said, adding that no one sustained major injuries.
Details about the number of passengers could not be ascertained.
