
India's opposition parties are calling for an investigation into the Securities and Exchange Board of India (SEBI) chief Madhabi Buch over alleged conflicts of interest in the Adani case. The Congress Party has demanded Buch's resignation and the formation of a joint parliamentary committee to probe the matter. Protests have been held, with Congress workers detained in Chandigarh. The controversy stems from allegations made by short-seller Hindenburg, which have raised concerns about potential regulatory failures. Some commentators suggest that the Supreme Court should revive a committee to investigate these issues and restore credibility to India's financial system.

#Hindenburg 2.0. Andy Mukherjee raises root & branch questions about #Indias financial regulatory system. They must be answered. #Sebi https://t.co/tQvXDQnvqx
#Opinion | #Hindenburg's fresh allegations against #SEBI's chief call for a renewed, independent inquiry to restore credibility in #India's financial system. With serious conflicts raised, @andymukherjee70 argues the SC should reconsider the committee approach to address this… https://t.co/RHDHqTPJd8
#INDIA bloc demands #CBI probe into allegations against #SEBI chief https://t.co/G9g8JBrHAd