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Sebi to reform corp bonds to reduce over-reliance on banks

MUMBAI: Sebi is pushing ahead with bond market reforms with plans for bond tokenisation pilots and a new regulatory framework for debt brokers, as it seeks to deepen corporate debt markets beyond their current narrow base of issues and investors. The regulator is looking at easing disclosure norms for debt-only issues.Noting that financing for business...
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Now, insurers must link pay of senior executives with performance

MUMBAI: The insurance regulator has directed insurers to realign how senior executives are evaluated and paid, linking performance more closely to customer outcomes, transparency, and governance, under a revised framework issued through a circular dated May 25.The Insurance Regulatory and Development Authority of India (Irdai) said insurers must align the performance parameters of key management...
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Maruti asks staff to reduce travel, save fuel, WFH

NEW DELHI: Maruti Suzuki on Tuesday rolled out a series of austerity measures for employees and business partners, to formally respond to Prime Minister Narendra Modi’s call to conserve fuel and reduce foreign exchange spending amid the ongoing West Asia conflict.In a post on X, the country’s largest carmaker said management should conduct business in...
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