Sinha replaces former Sebi chairman C B Bhave who served as the head of the Asia-Pacific regional committee of IOSCO from June 2009 till February this year.
Under U K Sinha, Sebi became a pan-India organisation with local offices in 16 cities
Sinha started his tenure at Sebi a bit shakily making people wonder if he'd complete his three years. Eventually, he went on to stay twice that long.
A 1976 batch IAS officer of the Bihar cadre, Sinha replaces C B Bhave who retires on February 17, 2011.
U K Sinha's six-year tenure as chairman of Securities and Exchange Board of India ends later this week. Sinha held his last press conference in Mumbai on Monday, where he spoke on wide-ranging issues and his biggest regret.
A bench of justices S S Nijjar and P C Ghose dismissed a public interest litigation challenging the appointment of Sinha, observing that the petition was not maintainable on various grounds but it had decided to hear it as the appointment to a very senior position was challenged.
Bayern Munich striker Harry Kane arrived in Germany on a record-breaking transfer and his sensational goal-scoring run this season has already exceeded expectations and turned him into an instant fan favourite.
Some constituents of the alliance have raised concern that the panels, particularly the 14-member coordination committee, are at risk of becoming ineffective, as their decisions have so far not been acted upon.
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
The Omicron lineages have been named BA.4 and BA.5.
The government on Monday appointed former Sebi member Madhabi Puri Buch as chairperson of the Securities and Exchange Board of India.
Mumbai-based 19-year-old Indian golfer has donated all his prize money saved since the age of seven to fund the vaccination drive for the blue-collar staff of Chembur-based Bombay Presidency Golf club.
Working while studying is an incredible way to build your professional network, learn hands-on experience, and understand the global working environment, suggests Ajay Sharma, president and founder, Abhinav Immigration Services.
Johnson will instead speak to Prime Minister Narendra Modi later this month to launch their plans for the future UK-India partnership, with their physical meeting expected later in the year.
The rot is is not limited to Chitra Ramkrishna and the yogi, observed Debashis Basu.
The two squads comprise a host of players, who have performed consistently for their state teams and IPL franchises over the past couple of seasons.
According to analysts, 11 PSUs, including Rashtriya Chemicals and Fertilizers and State Bank of Mysore, have government holding beyond the 90 per cent mark and the government will have to bring it down.
The finance ministry has put out an advertisement seeking applications from eligible candidates for the post and gave just two weeks against the usual practice of three months. Further, the tenure of the watchdog is again being extended to five years.
The protocol aims to "democratise" lending, reduce costs of credit, and ensure accessibility of credit to small companies and street vendors, according to Nandan Nilekani.
Asked about the report, MEA spokesperson Anurag Srivastava said, "The political judgements of Freedom House are as inaccurate and distorted as their maps."
In his first two years, Tyagi, a Himachal Pradesh cadre IAS officer, has implemented challenging stock market reforms and taken action against high-profile corporate entities.
Reacting to the announcement, MSME Minister Nitin Gadkari said clearing GST dues within 30 days will be highly beneficial for the MSME sector and will also be instrumental in increasing job opportunities.
As the ruling alliance starts feeling the tremors, discussions on new equations have also started, reports Satyavrat Mishra.
It is intriguing that the CBI has shown little interest in the most scandalous and biggest collective investment scheme ever, from the Sahara group, asserts Debashis Basu.
The eight-member committee under Sinha will also examine the factors affecting the timely and adequate availability of finance to the sector.
Sebi Chairman U K Sinha has often chastised listed companies for not having enough women on their boards.
After unfavourable response to the safety net, Sebi considers instruments with an option of conversion into equity.
The education would help investors in protecting them from volatility in the equity market and also reduce volatility in individual stocks.
Expressing concerns over a fast-growing grey market in the financial sector, Sebi chief U K Sinha called for a single watchdog to regulate all entities collecting public money under various illegal means.
As per norms these companies should have minimum public float of 10 per cent by August.
Sinha recalled how Sebi started functioning as an independent regulator in 1988, when its first Chairman S A Dave picked up six officers from IDBI and began functioning from IDBI's office itself.
UP Sinha is the eighth Chairman of Sebi since its inception as an independent regulator in 1988, when the central government headed by then Prime Minister Rajiv Fandhi decided to give a boost to the stock market activities as part of its economic liberalisation drive.
He is targeted because he is gone against corportates, says G E Vahanvati.
Due to present loopholes in the legislations, it is difficult for the regulator to curb dubious investment projects.
The decision to quiz Sinha, as also former Sebi Chairman M Damodaran, was taken after examination of another former Sebi chief C B Bhave earlier this month, during which the agency sleuths were told that public interest was involved in grant of licence to MCX-SX to trade in currency derivatives.
Sebi was also working on issues like the role of independent directors for board-level corporate governance, related party transactions and methodology for fixing of compensation of top personnel of companies.
Credit to priority sectors as well as small and medium industries will be discussed to find ways to accelerate economic growth.
Move to make board accountable for performance appraisal.
The government is seriously considering strengthening of laws to regulate all kind of collective investment schemes.
Measures announced by Sebi will stimulate financial savings among households.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances