Sebi has restructured its advisory committee on market data that recommends policy measures pertaining to areas like securities market data access and privacy. Rejigging its market data advisory committee, Sebi has said the panel will now have 21 members, as per the latest information with the regulator. Earlier the committee had 20 members. The committee is chaired by M S Sahoo, Professor at National Law University, Delhi and former chairperson, Insolvency and Bankruptcy Board of India (IBBI).
Experts say the recent Rs 14,000-crore PNB fraud could have been avoided had there been an integration of PNB's CBS with its SWIFT system
'If you give your ID and password to somebody else, how can anybody blame the technology for that problem?'
The new Swift, which the country's biggest car maker -- Maruti Suzuki India Ltd -- plans to launch next month, is more fuel-efficient. It will come with 1.2-litre petrol and 1.3-litre diesel variants.
India is failing to take advantage of its important ally, Japan as much as it should, notes Mihir S Sharma.
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