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Govt floats ad for new Sebi chief

UK Sinha's tenure comes to end in February next year

The Union government has initiated the selection process for the new chief of market regulator Securities and Exchange Board of India (Sebi). The finance ministry has put out an advertisement on its website inviting applications for the post. The current Chairman UK Sinha’s term comes to an end in February next year. According to the advertisement, the applicants should be within the age group of 50-60 years. The government has reduced the age limit to give youngsters a chance to occupy top posts in government organisations, public sector undertakings (PSUs) and public sector ...