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Monday, June 08, 2026

Business- Page 359

SEBI splits post of CMD for listed firms

New Delhi:In sweeping changes to the way the listed companies constitute their Boards, markets regulator SEBI has asked them to split the post of chairman and managing director and have at least
May. 11, 2018
An Indian Railways staff counts currency notes of 500 denomination at a ticket counter, one of the few places still accepting the high denomination notes, in Allahabad, India , Wednesday, Nov. 9, 2016. Indians awakened to confusion Wednesday as banks and ATMs remained closed after the government withdrew the highest-denomination currency notes overnight to halt money laundering in a country where many in the poor and middle-class still rely mainly on cash. (AP Photo/Rajesh Kumar Singh)

Indian banks hit by record fraud boosts insurance sales

Mumbai :The top insurance broker in India sees an opportunity to increase sales to the nation’s banks reeling under a string of recent frauds. Marsh & McLennan Cos. predicts the premium pool
May. 10, 2018
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