A recent Sebi circular mandating a higher reporting structure for company secretaries and chief compliance officers (CCOs) has sparked debate. While compliance heads welcome the move, listed companies fear potential disruptions to internal hierarchies and pay scales. Some CCOs are seeking parity with CFOs, prompting calls for clarification from the market regulator regarding the circular’s intent.
FIIs sold about Rs 11,000 crore worth Indian stocks in 2 days of US-Iran war
Foreign investors sold nearly Rs 11,000 crore in two March sessions amid escalating West Asia tensions, surging crude prices and currency volatility. DIIs offered support,