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.
Rupee touches one-week high; RBI plans to ease dollar bids
The rupee hit a one-week high as expectations of RBI measures to curb oil refiners’ dollar demand boosted sentiment and eased pressure on the currency.