Amitabh Kant CEO @NITIAayog: Huge liquidity right now, well-structured infra projects to get a good response. First-year target under monetisation to be Rs 88,000 crore
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#MarketAtClose | Sensex & Nifty close in the green, but off opening highs
IT stocks along with HDFC bank & reliance support market
Market breadth favours declines; advance-decline ratio 2:9
#MarketAtClose | Mindtree, Escorts, L&T Infotech, Nalco, Cadila Health & Nalco Top Midcap Gainers
#MarketAtClose | Biocon , Bandhan, Jubilant Food, Bharat Forge, Piramal Ent Top Midcap losers
SEBI board meeting outcome | SEBI
Approves merger of SEBI (Issue & Listing of Debt Securities) Regulations, 2008 &SEBI (Non-Convertible Redeemable Preference Shares) Regulations, 2013 into a single Regulation.
Nod to framework for ‘Accredited Investors’ in Indian securities mkt
SEBI ON INDEPENDENT DIRECTORS
Appointment & Removal of IDs shall be via special resolution of shareholders for all listed entities
Composition of NRC modified to include 2/3rd IDs instead of existing requirement of majority of IDs
Alert: NRC Is Nomination & Remuneration Committe
SEBI on independent directors: Cooling off period of 3 yrs for KMPs, employees of promoter grp cos introduced for appointment
Entire resignation letter to be disclosed
Cooling-off period of 1 yr introduced for transition to WTD in same co