linkedin
BROUGHT TO YOU BY
Exclusive Access, Inclusive Growth

WELCOME TO ET PRIME

BROUGTH TO YOU BY
Exclusive Access, Inclusive Growth

Money + markets

1
Policy and regulations

Rigid regulations and liquidity issues ground Sebi’s startup-listing plan

For four years now, Sebi has been trying to get startups to list on Indian stock exchanges. After its initial attempt failed, the markets watchdog rejigged regulations, lowered the minimum ticket size, and launched the Investor Growth Platform last year. However, six months down the line, the platform remains a non-starter, with only two companies listed on it.

Policy and regulations

Reformist Ajay Tyagi was Sebi chief amid turbulence, but had more hits than misses. Should he stay on?

Sebi chairman Ajay Tyagi has been perennially fire-fighting, from the Karvy episode to the aftermath of the IL&FS meltdown. He pushed ambitious corporate-governance reforms, such as splitting the post of chairman and managing director, but it’s an unfinished agenda. Never a blue-eyed boy of the finance ministry, his term was cut short — and Tyagi may be moving out at the wrong time.

headset AUDIO SUMMARY . 01:57
[[^message]]

Result

[[/message]] [[#message]]

[[message]]

[[/message]]