Foreign portfolio investors are requesting Sebi to extend their license tenure to five years and introduce a closing auction session for more accurate closing prices. They also seek exemptions from granular disclosures for large private funds and a review of the threshold for revealing the identities of ultimate beneficial owners.
‘India more diversified:’ Sebi chief Tuhin Kanta Pandey comments on Taiwan’s market ascent
SEBI chief Tuhin Kanta Pandey emphasized India remains a diversified market despite Taiwan overtaking its market value. Driven by TSMC and the AI boom, Taiwan’s