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Opposition hits out at Centre over Hindenburg report on Adani Group

US-based Hindenburg Research’s new report which claimed that the SEBI chief Madhabi Buch herself was involved in the case as she had stakes in the company.

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The Opposition parties on Sunday hit out at Prime Minister Narendra Modi-led Central government over US-based Hindenburg Research’s new report which claimed that the SEBI chief Madhabi Buch herself was involved in the case as she had stakes in the company.

In a post on X, Congress general secretary Jairam Ramesh said that SEBI’s strange reluctance to investigate the “Adani MegaScam” had been noted for a long time. He also demanded a probe by a Joint Parliamentary Committee.

SEBI’s strange reluctance to investigate the Adani MegaScam has been long noted, not least by the Supreme Court’s Expert Committee, he said. Adding that Committee had pointed out in its report that SEBI had in 2018 diluted and, in 2019, entirely deleted the reporting requirements relating to the ultimate beneficial (i.e. actual) ownership of foreign funds.

In his statement, he added that this had tied its hands to the extent that ‘the securities market regulator suspects wrongdoing, but also finds compliance with various stipulations in attendant regulations. He further said citing experts that it is this dichotomy that has led to SEBI drawing a blank worldwide.

Hindenburg Research’s latest allegation raises fresh questions about Gautam Adani’s two 2022 meetings in quick succession with Buch shortly after she was appointed as SEBI chairperson, the Congress leader said in a statement.

Earlier, in another post, Ramesh used the Latin phrase ‘Quis Custodiet Ipsos Custodes’ (Who will guard the guards themselves) to take a swipe at Madhabi Buch.

Meanwhile, Congress MP Manish Tewari said that a JPC must be constituted to go into the entire Hindenburg saga.

Speaking on the matter, he said that there has been certain revelations by the Hindenburg Research which have been put out in the public space.

The Congress leader said that they require closer scrutiny, underlining that, there seems to be some semblance of an alleged conflict of interest and so therefore under those circumstances there has been a demand in the public space for a while that the entire Hindenburg saga needs to be investigated properly by a joint parliamentary committee is constituted to go into all these issues at length.

The Trinamool Congress MP Mahua Moitra also took a dig over the allegations, saying that in true Adani style, even the SEBI chairman is an investor in his group.“Crony Capitalism at its finest,” she said in a post on X.

Moitra also demanded that the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) investigate alleged money laundering.

The AAP leader and Rajya Sabha MP Sanjay Singh, taking to X,  wrote, “The Hindenburg revelations were hinted at 3 days before Modi ended the Parliament session. Modi Government is steeped in corruption from head to toe. To save his friend Adani, Modi Ji got the investigation done by the same SEBI Chairman who had committed the scam in connivance with Adani. SC should reconsider its decision.”

The Samajwadi Party leader Ghanshyam Tiwari also lashed out at the Central government and said that the tenure of PM Modi will be known for ‘Adani-waad’.

He said the whole world witnessed a different session with different ideologies but the term of PM Modi will be known as ‘Adani-waad’. In this Adani-waad, he said, they captured the whole economic system of India in such a way that Gautam Ad could benefit, it looks like this is the only motive of Prime Minister Modi.

The US short-seller Hindenburg Research released its reports on August 10 alleging market watchdog SEBI chairperson Madhabi Buch and her husband Dhaval Buch were involved in Adani Group’s offshore funds. The report further suggested that these obscure financial systems were allegedly used in the money-siphoning scandal.

However, at the centre of the storm, the SEBI chairperson and her husband issued a joint statement denying all charges. They said that it was an attempt of “character assassination.

According to the Hindenbur report, Madhabi Buch and her husband Dhaval Buch first appear to have opened their account with IPE Plus Fund 1 on June 5th, 2015 in Singapore, per whistleblower documents.

A declaration of funds, signed by a principal at IIFL states that the source of the investment is “salary” and the couple´s net worth is estimated at $10 million. 

Cricket news

India vs England T20 series 2025: Complete guide to matches, squads, and streaming info

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Promotional image for India vs England 2025 T20 series featuring match details

After wrapping up two months of intense Test cricket, Team India is ready to transition to the white-ball format with the much-anticipated five-match T20 series against England. This series not only offers India a chance to regroup after some challenging Test matches but also sets the stage for the upcoming three-match ODI series against the same opponent and the ICC Champions Trophy later in the year.

Series Schedule and Venues: The action begins at the iconic Eden Gardens in Kolkata and will move through four other major cricketing venues across India. Each match promises to be a display of high-octane cricket under the lights, with start times pegged at 7 PM IST to maximize audience engagement both at the grounds and on television.

Full Schedule:

  • 22 January: 1st T20I at Eden Gardens, Kolkata
  • 25 January: 2nd T20I at MA Chidambaram Stadium, Chennai
  • 28 January: 3rd T20I at Saurashtra Cricket Association Stadium, Rajkot
  • 31 January: 4th T20I at Maharashtra Cricket Association Stadium, Pune
  • 2 February: 5th T20I at Wankhede Stadium, Mumbai

Head-to-Head Record: India and England have a competitive T20I history with India leading slightly with 13 wins to England’s 11 in 24 matches. In India, the record is also closely contested, with England winning 9 of their 17 matches on Indian soil.

Viewing Options: Fans can catch all the live action on the Star Sports Network, and streaming is available on Disney Plus Hotstar. This accessibility ensures that fans won’t miss a moment of this enthralling series.

Detailed Squad Information:

India’s Squad:

  • Suryakumar Yadav (Captain): The dynamic batsman leads the team, known for his innovative stroke play.
  • Sanju Samson (Wicketkeeper): A versatile player known for his aggressive batting and sharp wicketkeeping skills.
  • Abhishek Sharma, Tilak Varma, Rinku Singh, Nitish Kumar Reddy: Young talents who have shown promise in domestic circuits.
  • Hardik Pandya: An all-rounder known for his ability to change the game with both bat and ball.
  • Axar Patel, Washington Sundar: Skilled spinners who can also contribute with the bat.
  • Harshit Rana, Arshdeep Singh: Emerging fast bowlers expected to bring energy and pace.
  • Mohammad Shami, Varun Chakravarthy, Ravi Bishnoi: Experienced in their roles, crucial for their bowling attack.
  • Dhruv Jurel (Wicketkeeper): Another young wicketkeeper with impressive domestic performances.

England’s Squad:

  • Jos Buttler (Captain): The explosive wicketkeeper-batsman leads the English side with his aggressive play.
  • Harry Brook, Ben Duckett, Phil Salt, Jamie Smith: Formidable batters known for their fast scoring.
  • Jacob Bethell, Brydon Carse, Jamie Overton, Rehan Ahmed: Young players who bring fresh energy and skills.
  • Liam Livingstone: A powerful all-rounder known for hitting long sixes and bowling effective spin.
  • Jofra Archer, Gus Atkinson, Saqib Mahmood, Adil Rashid, Mark Wood: A strong bowling lineup with a mix of pace and spin, crucial for T20 format.

With both teams featuring a blend of seasoned internationals and exciting new talent, the T20 series is expected to be a closely contested affair. As the squads gear up for this high-profile series, the cricketing world eagerly awaits to see if India can maintain their formidable form in T20s or if England can disrupt their winning streak on Indian soil.

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Oppo Find N5 set to launch with 50W wireless charging and IPX9 water resistance

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Oppo Find N5 being tested underwater to showcase its IPX9 water resistance rating.

Oppo has officially confirmed that its latest innovation, the Find N5, will support 50W wireless charging and feature an IPX9 water resistance rating. The announcement comes as part of a series of teases highlighting the capabilities of this next-generation foldable smartphone, set to launch in February.

According to recent leaks, the Find N5 will be the first smartphone to incorporate the Qualcomm Snapdragon 8 Elite SoC, signaling significant performance enhancements. Pete Lau, Oppo’s Chief Product Officer, has touted the device as the “thinnest foldable phone,” positioning it against leading competitors like the latest iPhone in terms of sleek design.

Zhou Yibao, head of the Oppo Find series, shared insights via Weibo about the Find N5’s advanced features. The device not only matches the wireless charging speeds of newly released models like the Oppo Find X8 Pro and OnePlus 13 but also integrates seamlessly with in-car systems from major electric vehicle brands such as BYD and NIO.

In a compelling demonstration of its durability, a recent video posted by Yibao showed the Find N5 being submerged underwater, showcasing its capability to withstand significant water exposure, evidenced by its IPX9 rating. This test included recording underwater videos, highlighting the phone’s versatile camera capabilities in extreme conditions.

The Find N5 also sports a refined design with slimmer borders and a larger overall form factor compared to its predecessors, which could attract users looking for a sleek yet robust foldable phone.

As anticipation builds, Oppo has begun sharing images of the Find N5, revealing a foldable design as thin as a USB-C port when opened. This device promises to merge aesthetic appeal with functional excellence, setting a new benchmark in the evolving foldable phone market.

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India News

Saif Ali Khan out of hospital six days after stabbing at his residence

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Detained individual linked to the stabbing of Bollywood actor Saif Ali Khan being escorted by police.

Bollywood actor Saif Ali Khan has returned to his home after being discharged from the hospital, where he was treated for injuries sustained from a stabbing incident at his residence last week. The actor, known for his roles in films such as “Dil Chahta Hai” and “Tanhaji,” was reportedly attacked unexpectedly in his home, leading to his hospitalization.

The incident, which sent shockwaves through the Bollywood community and his fanbase, occurred late at night and resulted in multiple injuries for Khan. He was rushed to a nearby hospital, where he received immediate medical attention. The specifics of the incident, including the motive and the identity of the assailant, have not been publicly disclosed by the authorities.

During his stay at the hospital, Khan was under constant medical supervision and underwent several treatments to address his injuries. His discharge comes after a six-day period of intensive care, indicating a stable recovery.

Family members and representatives of Khan have expressed their gratitude to the medical team for their efforts and to fans for their support and well wishes during this challenging time. While the actor has been released from the hospital, he is expected to continue his recovery at home under the guidance of his personal doctors.

The Mumbai Police are currently investigating the circumstances surrounding the incident, and further details are expected to be released as the investigation progresses.

This troubling event has sparked a conversation about the safety of public figures and the pressures they face. As Khan recuperates at home, the film industry and his supporters worldwide hope for his full recovery and return to the silver screen.

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