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By:

Minal Sancheti

2 May 2026 at 12:26:53 pm

Funeral for animals

Mumbai: On the occasion of National Animal Rights Day, a funeral was held for all the voiceless creatures that humans have killed for selfish reasons. The act was a campaign and was a brainchild of Animal Climate and Health in collaboration with Our Planet Theirs Too. The purpose was to spread awareness about animal cruelty. The campaign took place at Carter Road Amphitheatre and so a crowd of both young and old supported the cause. Speaking about animal cruelty, recently the internet was...

Funeral for animals

Mumbai: On the occasion of National Animal Rights Day, a funeral was held for all the voiceless creatures that humans have killed for selfish reasons. The act was a campaign and was a brainchild of Animal Climate and Health in collaboration with Our Planet Theirs Too. The purpose was to spread awareness about animal cruelty. The campaign took place at Carter Road Amphitheatre and so a crowd of both young and old supported the cause. Speaking about animal cruelty, recently the internet was flooded with a viral video of a group of men at Mira Road taking a piglet to a locality where goats were brought for religious sacrifice. Aparjita Ashish, the founder and director of Animal Climate and Health said, “It is an act of cruelty to kill animals for religious sacrifice but to protest against this they were harassing a baby pig. The poor pig was screaming for his life. So how’s that right? If you want to protest, protest peacefully.” Ashish also comments on the Apex Judiciary’s decision of euthanising terminally ill dogs, “If the dog has a serious illness like rabies and is in a lot of pain, with a doctor’s permission and in a peaceful manner, they should be euthanised. The apex court also spoke about the ABC or animal birth control which if done with correct procedures, can help bring down issues related to the stray dogs. Many times the process is wrong so the animals become subject to cruelty.” She even added that the strays should not be displaced as that will leave them confused. This is also an act of ill treatment. The occasion saw a large number of gatherers. According to the campaigners, being vegan is not just for protecting animals but also for the climate. Ashish explained, “If you see the name of our NGO, it is Animal Climate and Health. So we also talk about the impact of consuming animal products on the environment.” She gives an example of how methane gas is produced because of the dairy animals and how the food and resources to breed animals are so much that it affects the environment. The supporters who participated in the campaign said they also noticed many health benefits of going vegan. Anil Nagpal, a senior citizen and volunteer with the organisation said, “For many years I was going through ill health. I tried every treatment but nothing really helped much. But then someone convinced me to go vegan and since that time my health has improved drastically. After this many people in my circles who used to eat animal products have given up.” When asked what his protein sources are, he said, “I eat lentils and legumes. Vegetables also contain protein.” Ashish claimed that humans have an ego that makes them think they are above animals.

Lateral upgrade to ailing annihilation

Updated: Oct 21, 2024

Lateral upgrade to ailing annihilation

Being the first person from the private sector to be appointed as chairperson of Securities and Exchange Board of India (SEBI) as part of the government’s lateral initiative, Madhabi Puri Buch also holds the honour of being the first woman to hold the top post as capital market regulator.

But the laurels that the former private sector banker enjoyed in her earlier stint with ICICI Bank, was marred with allegations that she and her husband were having a stake in offshore entities, which were used to artificially inflate shares of Adani group companies.

Terming the allegation as `character assassination, Buch clarified that all disclosures have already been furnished and the fund in question did not invest in any securities involving the Adani group.

When it rains, it pours. This allegation was subsequently followed by Congress Party allegation that Buch had received salary and post-retirement benefits from ICICI Bank after she quit the private sector bank.

In its clarification to the stock exchanges, ICICI Bank asserted that the payments made to Buch were purely retirement benefits after her exit from the bank and they were neither salary nor employee stock options.

Prior to these allegations, Buch tenure at SEBI was all about bringing in quick reforms on operational issues by changing the format of consultation paper to bring in larger responses digitally. Being data savvy, the rationale of her decisions were democratic based on big data analysis derived from the responses received to the consultation papers.

Further she bifurcated the duties of the SEBI staff between operations and enforcement, which were done by the same persons earlier. Having worked for the private sector in the capital market domain space, Buch had a better understanding of the subject compared to officers from the administrative service in the past that reflected even in her orders as a whole-time director at SEBI before becoming the chairperson. As a whole time director at SEBI, her orders on adjudication issues were more directional to the capital market space, according to experts in the compliance space. She was also quick to revamp the old provisions of the 90s at SEBI.

Being tech and data savvy, Buch enhanced regulatory surveillance and detection of market manipulation, insider trading and fraud while also emphasizing on strengthening corporate governance by introducing stricter rules for independent directors and enhancing disclosures for related-party transactions.

To put in perspective, the annual report of the capital market regulator in the just concluded financial year revealed that the number of investigations related to insider trading jumped to 175 in 2023-24 from 85 in the preceding year while probes related to front running jumped over three times to 83 from 24 in the preceding year.

Transparency in mutual funds by implementing measures to protect retail investors along with tightening norms for initial public offers, particularly in the SME platforms were some of her other positive initiatives including confirmation of denial of any market rumours within 24 hours for the top 100 listed companies which will be extended to top 250 companies from December 1. However increased transparency and compliance with tightening regulations led to increased operational costs for the market participants and hence faced resistance from certain quarters. Born in 1966, Buch completed her primary education in Mumbai and graduated with specialization in Mathematics from Delhi and later obtained a management degree from Indian Institute of Management, Ahmedabad. In between, she got engaged to Dhawal Buch, a director at a consumer goods multinational at the age of eighteen and got married at the age of 21.

Besides ICICI Bank, Buch also worked as a lecturer at a college in England, worked at Greater Pacific Capital in Singapore and ICICI Securities as its CEO. She also worked as executive director on several private sector companies and as a consultant for New Development Bank (Brics Bank).

What now remains to be seen, is whether Buch, who survived the 26/11 terror attack when she along with her husband, was attending a meeting at Taj, be able to overcome the current ordeal. Keeping fingers crossed for the times to come.

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