In your interest.
Online Personal Finance Magazine
No beating about the bush.
SEBI chairman, M. Damodaran, likes to plan headline-grabbing sound bites at important public meetings, but that strategy is getting rather ragged. At the end of September, Damodaran told Merrill Lynch executives how he had issued a ‘show-cause notice’ to 20 large companies that had failed to meet corporate governance regulations. Calling his action a ‘crackdown’, he claimed that it was...