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MUMBAI, Jan 1 Asia Pulse - With stock markets booming and the Sensex reaching close to the 14,000 level as 2006 draws to an end, regulator SEBI is widely expected to push investor protection funds and working toward bringing small and medium enterprises into the capital market to promote equity culture in the new year.
Also in an effort to provide an alternative to investors, the Securities and Exchange Board of India (SEBI) initiated steps to widen the debt market and the fledgling corporate bond market in the year gone by.
This follows a directive from the Prime Minister in October to put in place policy measures to deepen and widen the debt market as part of financial sector reforms.
The market regulator had an eventful 2006 as it put pressure on corporates to improve governance by making it mandatory to have at least 50 per cent ...