 "Ramesh Abhishek gets extension at FMC")
The appointments committee of Cabinet on Tuesday issued an order extending tenure of Forward Markets Commission’s Chairman Ramesh Abhishek by three months. The order says the extension will be till three months beyond April 8, or till merger of FMC with the Securities and Exchange Board of India, or until further orders, whichever is earliest.
The order didn’t specify reasons but the source said that the extension was found necessary as a regulator remaining headless was not advisable at a time when it was slated to merger with another regulator.
The order didn’t specify reasons but the source said that the extension was found necessary as a regulator remaining headless was not advisable at a time when it was slated to merger with another regulator.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%