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).
The observation came in a judgment by which the court quashed criminal charges against bank employee Devidas Ramchandra Tuljapurkar.
The talk of governance reforms at public-sector banks seems to remain on paper, as a majority of them continue to be working with just a handful board members. Half of the board seat at these banks have been vacant. Ten of the 12 public-sector banks, even large ones like Punjab National Bank, Canara Bank and Union Bank of India - all except State Bank of India (SBI) and Bank of Baroda - don't even have a chairman. In 2014, while splitting the post of chairman & managing director (CMD), the government had decided to appoint non-executive chairmen at these banks. SBI, which has an executive chairman and four managing directors, was an exception.
The Ram Mandir-Babri Masjid title dispute case, the Sebi-Sahara payment row, the Aadhaar privacy issue and the Cauvery water dispute are only some of the legal puzzles he will have to deal with.
Jitu Rai struck gold twice with his pistol while Kerala's swimming sensation Sajan Prakash continued to shatter records and accumulate gold medals, adding a fifth to his tally, on the fifth day of competitions in the 35th National Games in Thiruvananthapuram on Thursday.
