India has appointed senior finance ministry official Ajay Tyagi as the new chairman of its capital markets regulator, the government said on Friday, at a time when corporate governance issues have taken centre stage in the country. Tyagi, 58, currently an additional secretary at the Indian finance ministry’s economic affairs ... Read More »

New Delhi: In the high-profile Saradha Realty case, the Securities and Exchange Board of India (Sebi) on Friday imposed a fine of Rs 2 crore on the company, its chief Sudipta Sen and two directors for failing to comply with its earlier directions to wind up illicit money-pooling schemes and refund the investors. Saradha ... Read More »