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Hindenburg Row: TMC MP Mahua Moitra alleges Adani’s involvement in SEBI committee

Where till some time ago Adani was at number 3 in the list of the world’s richest, now he is not even in the top 20.

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TMC MP Mahua Moitra and Gautam Adani

After America’s Hindenburg Research Agency accused well-known industrialist Gautam Adani of stock manipulation and accounting irregularities, politics has also intensified on this matter. And now Trinamool Congress (TMC) leader Mahua Moitra has made serious allegations against the Adani family.

She said that there is a nexus between the Adani family and SEBI officials, so everything was done arbitrarily. She further added that Adani’s relatives also work in SEBI’s committee, due to which such rigging was carried out.

Adani’s associates also included in SEBI committee, says Mahua

Mahua Moitra said that famous lawyer Cyril Shroff, a friend of Adani, works in SEBI’s committee. She further added that Cyril Shroff’s daughter is married to industrialist Gautam Adani’s son. TMC MP Mahua tweeted that biggest respect for veteran lawyer Cyril Shroff but his daughter is married to Gautam Adani’s son. Shroff serves on SEBI’s Committee on Corporate Governance and Insider Trading. If SEBI India is probing the Adani case, Shroff should recuse himself from it and sometimes perceptions are reality.

Read Also: Adani-Hindenburg row: PIL in Supreme Court seeks action against US short-seller for defrauding investors

Also after Dow Jones Sustainability Indices announced delisting of Adani Enterprises shares with effect from 7 February 2023, the TMC MP questioned that why the NSE is not re-evaluating the index membership of Adani shares?

She wrote on Twitter that S&P Dow Jones removed Adani Enterprises from the Dow Jones Indices due to allegations of stock manipulation and accounting fraud. Why is NSE India not re-evaluating the index membership of Adani stocks while international ones are?

Hindenburg Row

For the unversed, on January 25, Hindenburg released a 32,000-word report regarding the Adani Group. The findings of the report included 88 questions. It claimed that the group has been involved in stock manipulation and account fraud for decades. It further stated that Adani Group founder Gautam Adani’s wealth has increased by $1 billion to $120 billion in three years due to rising share prices. During this period, the shares of 7 companies of the group have increased by an average of 819 percent.

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Delhi air quality plunges to severe as thick smog blankets the capital

Delhi’s air quality deteriorated sharply with AQI entering the ‘severe’ zone across several areas, prompting enforcement of GRAP stage-IV measures.

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Delhi's air quality

Delhi woke up to hazardous air conditions on Tuesday as dense smog covered large parts of the national capital, pushing the Air Quality Index (AQI) into the ‘severe’ category across several locations. Poor visibility and rising health concerns marked yet another spell of extreme pollution in the city.

Data from the Central Pollution Control Board (CPCB) showed the overall AQI in Delhi touching 413 in the morning, placing it firmly in the ‘severe’ bracket. Several areas across the National Capital Region (NCR) reported alarming pollution levels, indicating a widespread deterioration in air quality.

Pollution hotspots report hazardous readings

Some of Delhi’s major pollution hotspots recorded extremely high AQI levels. Anand Vihar topped the list with an AQI of 466, followed by Ashok Vihar at 444 and Chandni Chowk at 425. These areas remained in the ‘severe’ category, posing serious health risks, especially for children, the elderly and those with respiratory conditions.

Even central parts of the city were not spared. India Gate, Kartavya Path and the Rashtrapati Bhavan area were shrouded in toxic smog, with AQI levels around 384, categorised as ‘very poor’.

GRAP stage-IV measures enforced across Delhi-NCR

In response to the worsening situation, the Commission for Air Quality Management (CAQM) enforced all actions under GRAP Stage-IV across Delhi-NCR. As part of these emergency measures, truck-mounted water sprinklers were deployed to suppress dust and reduce particulate matter in the air.

As per AQI standards, readings between 401 and 500 fall under the ‘severe’ category, while levels above 300 are considered ‘very poor’, highlighting the seriousness of the current conditions.

Delhi government reviews pollution control steps

The Delhi government has reiterated its commitment to tackling rising pollution levels with strict enforcement measures. Chief Minister Rekha Gupta stated that a zero-tolerance policy will be followed against all sources contributing to air pollution in the capital.

A high-level review meeting was held at the Delhi Secretariat to assess existing measures and take further decisions. The meeting focused on enforcing Pollution Under Control (PUC) norms without any relaxation, exploring pooled and shared electric bus services across Delhi-NCR, issuing fresh guidelines for e-rickshaws, and rationalising Delhi Transport Corporation (DTC) bus routes.

Senior officials from the Environment and Transport Departments, the Delhi Pollution Control Committee (DPCC), Public Works Department (PWD) and Delhi Traffic Police, along with Environment Minister Manjinder Singh Sirsa, attended the meeting to finalise immediate and long-term steps to address the pollution crisis.

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Rahul Gandhi alleges institutional bias, questions electoral system during Berlin address

Rahul Gandhi alleged that India’s institutions and electoral system have been weaponised to favour the BJP, remarks that sparked a strong political response.

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Rahul-Gandhi

Leader of the Opposition in the Lok Sabha, Rahul Gandhi, has said that India’s institutional framework is facing a serious challenge and has been used to favour the ruling BJP. Speaking during an interaction at the Hertie School in Berlin, Gandhi questioned the functioning of key institutions and the electoral machinery, remarks that triggered a sharp political response from the BJP.

Gandhi said the Congress believes there is a problem with the electoral system and alleged that several institutions have been captured. Referring to investigative agencies, he claimed that bodies such as the CBI and the ED have been used as political tools. According to him, cases filed by these agencies overwhelmingly target those opposing the BJP, while leaders from the ruling party face none.

He also pointed to what he described as a stark financial imbalance between the BJP and the opposition, claiming a funding ratio of 30:1. Gandhi said this disparity reflects how institutions are being used to consolidate political power.

Opposition strategy and INDIA alliance

The Congress leader said merely pointing out problems in elections is not enough and stressed the need for the opposition to build a system of resistance that can effectively counter the ruling party. He added that the challenge now goes beyond electoral contests and is about presenting an alternative vision for the country.

On the INDIA alliance, Gandhi said the unity among opposition parties is rooted in their rejection of the ideological position of the RSS. While acknowledging that tactical contests between alliance partners will continue, he said they remain united when it comes to opposing laws they disagree with and working together in Parliament.

BJP hits back at remarks abroad

Gandhi’s comments delivered overseas drew a strong reaction from the BJP. Party president and Union minister JP Nadda accused him of speaking against India while Parliament is in session and claimed that he was undermining the country’s image at a time when the Prime Minister is receiving global recognition.

BJP spokesperson Shehzad Poonawalla also criticised Gandhi, alleging that he routinely travels abroad to defame India. He accused the Congress leader of making misleading claims about the country’s institutions and economic activity while praising China.

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DU VC Prof Yogesh Singh entrusted with additional charge of AICTE Chairman

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Prof. Yogesh Singh, Vice Chancellor of the University of Delhi, has been entrusted with the additional charge of the post of Chairman, AICTE till the appointment of a Chairman of AICTE or until further orders, whichever is earlier.

It is noteworthy that AICTE Chairman Prof. TG Sitharam was relieved of his duties after his term ended on December 20, 2025. According to a letter issued by the Ministry of Education, Government of India, on Monday, Prof. Yogesh Singh’s appointment is until the appointment of a regular AICTE Chairman or until further orders whichever is earlier.

Prof. Yogesh Singh is a renowned academician with excellent administrative capabilities, who has been the Vice-Chancellor of University of Delhi since October 2021. He has also served as the Chairperson of the National Council for Teacher Education. In August 2023, he was also given the additional charge of Director of the School of Planning and Architecture (SPA).

Prof. Yogesh Singh served as the Vice-Chancellor of Delhi Technological University from 2015 to 2021; Director of Netaji Subhas Institute of Technology, Delhi from 2014 to 2017, and before that, he was the Vice-Chancellor of Maharaja Sayajirao University, Baroda (Gujarat) from 2011 to 2014. He holds a Ph.D. in Computer Engineering from the National Institute of Technology, Kurukshetra. He has a distinguished track record in quality teaching, innovation, and research in the field of software engineering.

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