SEBI's X account locked after Hindenburg report
New Delhi: The official X account (formerly Twitter) of the Securities and Exchange Board of India (SEBI) has been locked following the release of a report by Hindenburg Research. This report accuses SEBI Chairperson Madhabi Puri Buch of having investments in foreign funds allegedly used by the Adani Group to manipulate its share prices.
This incident comes about a year and a half after Hindenburg Research initially accused industrialist Gautam Adani of financial misconduct. The new allegations suggest that Buch's investments were part of the same strategies that purportedly boosted Adani Group’s stock values.
The locking of SEBI's X account has generated widespread discussion. One user, @mr_mayank, commented, "SEBI has locked its Twitter Account after getting exposed by the latest #HindenbergReport. Meanwhile, both Adani & his bff are reportedly in panic mode. Planning to flee soon?"
BIGGEST BREAKING 🚨🔥
— Ankit Mayank (@mr_mayank) August 10, 2024
SEBI has locked its Twitter Account after getting exposed by latest #HindenbergReport
Meanwhile both Adani & his bff are reportedly in panic mood
Planning to flee off soon? 😂⚡ pic.twitter.com/420dJIxzzz
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Expelled BJP leader Basanagouda Patil Yatnal to launch ‘non-adjustment political party’ in Karnataka
Bengaluru, Aug 22 (PTI): Expelled BJP leader Basanagouda Patil Yatnal on Friday announced that he would launch a “non-adjustment political party” in Karnataka.
The Vijayapura MLA made the announcement in the assembly after Chief Minister Siddaramaiah highlighted the state’s financial woes and accused the previous BJP government of passing bills without funds during its 2019-23 tenure.
“You (Siddaramaiah) too got support from two of us,” Yatnal said, prompting Siddaramaiah to quip, “Please sit down. You have been expelled from the party.”
In his response, Yatnal said, “You were also expelled by former Prime Minister H D Deve Gowda from the JD(S). Whoever is expelled from a party becomes Chief Minister one day.”
“I will be happy if you become Chief Minister,” Siddaramaiah said in a lighter vein. “But from which party will you do it?” the CM asked and suggested that Yatnal form a new party after his expulsion from the BJP.
“I am going to form a ‘Non-Adjustment Political Party’. Don’t worry if it cuts BJP’s votes. It won’t help you,” Yatnal responded. Siddaramaiah retorted that Yatnal should launch his outfit if he wanted the Congress to come to power.
The firebrand leader was expelled from the BJP for six years after repeatedly targeting former Chief Minister B S Yediyurappa and his son, state BJP president B Y Vijayendra, over "dynastic politics" and alleging an adjustment between Yediyurappa and Siddaramaiah.
Several BJP legislators had joined his campaign before the party high command acted to quell dissidence.
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