Securities Exchange Board of India (SEBI) chief Tuhin Kanta Pandey has said that the capital markets regulator will comprehensively review short selling and securities lending and borrowing mechanism (SLBM), after acknowledging that the system remains underdeveloped compared with other jurisdictions. Speaking at the CNBC TV-18 Global Leadership Summit, Pandey said, “An active SLBM scheme is … Read more
Hindenburg Research, the firm known for its short-selling reports, is shutting down. Founder Nate Anderson made the announcement Wednesday. The firm’s research led to significant financial losses for Indian billionaire Gautam Adani and his companies. Anderson said the closure was planned after finishing their current projects. “As I’ve shared with family, friends and our team … Read more
In a recent appearance on Bloomberg TV, anchor Tom Keene surprised me with this question: “What is your best Apple story?” I said that in the early 2000s I managed to snag a loaner iPod soon after they were released. It was obviously a new, digital version of the ubiquitous 1980s Sony Walkman. At the … Read more