Shikha Gupta, approved as Sebi’s executive director during Madhabi Puri Buch’s tenure, has declined the role after initially accepting it. This rare decision prompts Sebi to restart the search process. Gupta’s appointment was previously contentious due to her HUL association, where Buch’s spouse held a senior position, and questions were raised about her capital market policy expertise.
India, France near deal on tax treaty, to lower levy on dividends paid to French parent companies
India and France are nearing a revised tax treaty that will reduce dividend taxes for French parent companies holding over 10% stakes to 5%, while
December 12, 2025