Amid market volatility, Sebi chief Ajay Tyagi gets 6 months extension

Ajay Tyagi will continue to be the head of India’s capital and commodities markets regulator the Securities and Exchange Board of India (Sebi) for another six months. The Centre extended the appointment of Tyagi as Sebi chairman for a period of six months. 

This is beyond February 29, 2020, or until further notice, whichever is earlier, the finance ministry said in a notification. 

The extension comes on a day the benchmark Sensex logged one of its worst-ever crashes amid a global selloff due to the spread of coronavirus. 

Market players said the extension will ensure continuity at a time when