• Tuesday, 08 October, 2024 01:51:PM

    The recently published reports of Hindenburg and day-to-day disclosures of deeds of the SEBI chief, it seems that the government will soon think about replacing the SEBI chief a source says. The change is likely to dampen the spirit of opposition parties in the coming winter session of parliament, where they have already made a well-thought-out plan to raise the issue and corner the government source says. The involvement of husband and wife in dealing with the organisations, where she is to check has given a chance to the opposition parties to raise this issue source says. SEBI chief is not supposed to have any dealing connections with any firm source says. The government is not in favour of the discontinuance of the SEBI chief in between due to the onslaught of opposition parties and Hindenberg but the organisation previously supported her candidature now wants one ex-employee of a Bank to take over the reins source says. The said bank loaned the organisation heavily when all other banks refused to advance loans for coal mining activities in Australia, the said bank came to the rescue and gave the required loan source says. The said organisation is strongly backing the official of the said bank for the new SEBI chief position source says.

     

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