The Civil Aviation Minister has asked the Director-General of Civil Aviation to hand over charge to another ministry official.
Sebi is right to be concerned about how funds are performing. But its job is not to ensure better returns but to see if funds are working in the best interests of investors
The recent changes to Sebi's consent order rules are a regulatory copout rather than an attempt to improve transparency
The key import of Sebi's decision is that the Tayals will now be allowed to sell shares of ICICI Bank which they had obtained through a share swap that came with the merger.
Sebi has ended the ban on the Tayals, formerly of Bank of Rajasthan, for offences it earlier considered serious.
A new aviation regulator, Civil Aviation Authority, will replace the less powerful DGCA this year. It will fund its own independence by charging you Rs 12 a flight.
The insurance regulator Irda seems to penalise public sector and private sector companies differently for different magnitudes of the same offence
The changes announced by Sebi on Tuesday are intended to help the government raise money quickly. But is that a good enough reason?
The suspense for the microfinance sector is over. The RBI is now their regulator and they will become niche players in the non-bank financial sector.
Apart from Reliance and Sahara, Sebi was also under pressure from the finance ministry to go easy on the promoters of Bank of Rajasthan, according to ex-Sebi member KM Abraham.
The Anna-Ramdev spoilers are not the answer to corruption. Institutional reform is.