The Securities and Exchange Board of India (Sebi) has set significantly higher standards of transparency and corporate governance for listed stocks by amending the listing obligations and disclosure requirements and introducing several critical changes. Most of these amendments are unexceptionable and are likely to enhance transparency and disclosure by companies and protect minority shareholder interests. But those that stipulate how listed companies must respond to media coverage and third-party sales may be difficult to follow in practice. The top edit explains why here
The second edit points out that India’s growing dependence on Russian