Adani group, an Evil corp?
- Thread starter Pyception
- Start date
alekhkhanna
Innovator
Emperor
Juggernaut
Sebi is under attack from malicious actors looking to weaken India read more
Buch had sought to bring responsible investment practices, where gullible investors who did not understand the downside of F&O activity should not have their lifetime savings wiped out.
While she made suitable regulatory interventions, this would not be music to the ears of brokerage houses, new age digital trading platforms and market infrastructure participants, who rely on increasing derivatives contract volumes for their own profitability and future growth projections.
SEBI had asked market participants to stop using turnover-linked slab-wise fee and instead go for uniform transaction charges. This would have meant fundamental changes to the business models of various brokers and market participants. Clearly, this was not a stakeholder segment happy with Buch.
Hindenburg may be a player or a willing conspirator in this “Discredit India” effort. Either way, the Indian government has to remain vigilant, for India’s rise will neither be uncontested nor automatic. Indian markets should see through this poor-quality conspiracy as just another hurdle in India’s journey to a high-middle income nation.
Buch had sought to bring responsible investment practices, where gullible investors who did not understand the downside of F&O activity should not have their lifetime savings wiped out.
While she made suitable regulatory interventions, this would not be music to the ears of brokerage houses, new age digital trading platforms and market infrastructure participants, who rely on increasing derivatives contract volumes for their own profitability and future growth projections.
SEBI had asked market participants to stop using turnover-linked slab-wise fee and instead go for uniform transaction charges. This would have meant fundamental changes to the business models of various brokers and market participants. Clearly, this was not a stakeholder segment happy with Buch.
Hindenburg may be a player or a willing conspirator in this “Discredit India” effort. Either way, the Indian government has to remain vigilant, for India’s rise will neither be uncontested nor automatic. Indian markets should see through this poor-quality conspiracy as just another hurdle in India’s journey to a high-middle income nation.
blr_p
Oracle
What I've noticed here is you have people who hate Modi supporters (I'm one btw ) and will take the word of some foreign entity who's only intent is profit related.
This entity could care less about India or how it is run. But since its pointing a finger at India which the opposition cannot that makes this entity acceptable to these jokers.
Reputation being lost when stealing or robbery is caught (should be with with enough proof) is natural. It's stymieing nation's name is only a cheap excuse.
In this melee, does anyone even care to know what is actually happening, transparency and due diligence in market is extremely important especially when market is heating up with huge monies. Can't deal with another set of Harshad Methas and ilks.
In this melee, does anyone even care to know what is actually happening, transparency and due diligence in market is extremely important especially when market is heating up with huge monies. Can't deal with another set of Harshad Methas and ilks.
technically DII money is retail money only bhai,can call it smarter money though, DIIs never short the market.
blr_p
Oracle
No one owes you your progress. The one's who got ahead did it by overpowering their enemies, not complaining about them.
Expecting your enemies to stop attacking is loser-think. Never works.
Last edited:
Somebody have to say the king is naked.
That is why those who are at such prestigious positions should lead the transparency path. It is a decent expectation, not exception.
Chalta hai attitude does not and should not work.
Ignoring with caution, otherwise what option does common man have ? Let those who are capable and in position to challenge this, also those who are authorized for legal due diligence do their part.
So you think that its a good idea if the market regulator has conflicts of interest. Can you reasonably expect such a regulator to probe Adani group fairly in such a scenario? It is well settled that that is not the case, unless you want to argue that for some reason its ok to have the SEBI chair with conflicts of interests.
Also, India is a very large economy (3rd largest in per capita terms), and institutional transparency will strengthen India, not weaken it. Even if Adani faces some adverse market impact, the impact on real economy will be quite negligible hence it is reasonable to say that all these "looking to weaken India" arguments are quite shallow, and frankly just deflections (probably due to bias).
blr_p
Oracle
Who says the king is naked?
You think so but to date cannot prove anything.
How much transparency is enough? Is there some metric to agree on. Otherwise what you want might not be enough for sonebody else. It becomes a never ending argument
What other option is there when its media circus only
Haha... in that parable, most agreed king was wearing bestest fashion apparel available.
If one turn a blind eye, yeah. Just like transferring her shares to husband's name before taking designation, etc. Nothing happened, move along citizen.
Just enough that a hecking research report mudslinging is not aimed at top lead of one of countries most prestigious organization.
Because it is their duty. Also their duty to be honest too when passing on information.
As much as the loudest critic wants.
SEBI chief is something of a referee. It is very important that she stays above suspicion.
Besides, why should we expect any less of her. She is an IIMA grad, husband is an IITD grad. They should have a good idea of how the world works. What would be their excuse for not being transparent?
Last edited:
blr_p
Oracle
Some people would say Julian Assange is a hero. There aren't many governments in the free world that would agree. So clearly within reason and not what the loudest critic wants.
Nice choice of target.
Gatekeeper in chief
3rd largest per capita? In per capita terms, Indian GDP is ranked 136th out of 191 countries - https://en.m.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita
Just the first source I thought of, there may be a difference in better sources or more recent data. But 3rd largest?
Very different.
SEBI's role is to make and enforce rules. Govts work in a world without rules (yes, 'rules based order' is a myth). A strong case can be made for some secrecy in govt affairs. What secrets does the SEBI need to keep?
blr_p
Oracle
The shady dealings of its chairperson, obviously.
eh, sounds more like propaganda, while I would agree that the timing sure is convenient, this shit exists because the govt did in fact abuse its power, just look at Adani rallies from 2019 and how SEBI was mum with the first report,
Funny that in the face of direct conflicts of interests by SEBI chairman - the poster is deflecting the discussion to "how much transparency is enough".