3 Things
The new Hindenburg report, 'flood jihad', and stuck in space
Aug 14, 2024
P. Vaidyanathan Iyer, Executive Editor at Indian Express, dives into explosive allegations by Hindenburg Research against SEBI's chairperson and her husband linked to the Adani scandal. Sukrita Baruah raises eyebrows discussing Assam Chief Minister Himanta Biswa Sarma's incendiary 'flood jihad' remarks targeting minorities. Lastly, the conversation shifts to NASA's plight, uncovering why astronauts Sunita Williams and Barry Wilmore are stuck in space, shedding light on the challenges posed by technical malfunctions aboard the Starliner.
30:07
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Quick takeaways
- The Hindenburg report's allegations against SEBI chief highlight concerns about financial regulation and potential corruption in India’s market oversight.
- Assam's Chief Minister's use of divisive rhetoric around ‘flood jihad’ underscores the challenges of governance and communal tensions in environmental crises.
Deep dives
Allegations Against Adani Group and SEBI
A recent investigation by Hindenburg Research has accused the Adani Group of stock manipulation and accounting fraud, prompting significant drops in the company’s stock value. This new batch of allegations also implicates the chairperson of India's Securities and Exchange Board, SEBI, suggesting a conflict of interest due to her investments linked to the Adani family. Hindenburg claims that SEBI's lack of action regarding the earlier accusations may stem from these investments. The investigation highlights the complexities of financial regulation and potential corruption within India's market oversight institutions.
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