The Mauritius regulator refuted claims by Hindenburg Research regarding IPE Plus Fund and its alleged connections to shell entities. The Financial Services Commission emphasized their strict compliance regulations. The Buch couple, linked to the fund, responded, asserting their investments were made while they were private citizens in Singapore, prior to Madhabi Buch’s tenure at Sebi.
CEAT Q3 Results: Net profit falls 46% to Rs 97 crore on high raw materials cost
CEAT Ltd’s Q3 consolidated net profit fell by 46.48% to Rs 97.03 crore due to high raw material costs. Revenue grew to Rs 3,299.9 crore,