Sourav Majumdar

1 week ago | fortuneindia.com | Sourav Majumdar |V. Keshavdev |Ashutosh Kumar

The Securities and Exchange Board of India (Sebi) is taking a measured view of whether the accelerated settlement mechanism from T+1 to T+0 is essential for the market’s long-term architecture or simply a technological milestone that doesn’t require universal adoption. In a candid conversation with Fortune India, Sebi Chairman Tuhin Kanta Pandey firmly pushed back against the idea that shortening the settlement cycle is turning the market into a trader’s arena. “That comparison is not appropriate.

1 week ago | fortuneindia.com | Sourav Majumdar |V. Keshavdev |Ashutosh Kumar

The new Sebi chief believes that transition to T+0 enhances investor protection by ensuring that clearing corporations directly credit securities to demat accounts, bypassing intermediaries. “Securities are safe because the clearing corporation directly credits them to your demat account, not through brokers. To that extent, this system is superior in terms of investor protection, money protection, and securities protection,” he said.

2 weeks ago | fortuneindia.com | Sourav Majumdar

INDIA’S FINANCE MINISTER Nirmala Sitharaman presented her eighth consecutive Budget this year, a record. Sitharaman navigated the Indian economy during Covid-19 and ensured that it emerged relatively less impacted by the pandemic that felled even the mightiest economies.

2 weeks ago | fortuneindia.com | Sourav Majumdar

INDIA’S FINANCE MINISTER Nirmala Sitharaman presented her eighth consecutive Budget this year, a record. Sitharaman navigated the Indian economy during Covid-19 and ensured that it emerged relatively less impacted by the pandemic that felled even the mightiest economies.

1 month ago | fortuneindia.com | Sourav Majumdar

“WHEN WINTER COMES, can spring be far behind?” goes the line by poet Percy Bysshe Shelley. And so it seems to be for India’s startup ecosystem, which has battled the funding winter for the past couple of years, and is now seeing better days again. During the heady days of 2021, venture capitalists were falling over each other to write cheques, due diligence was completed in a matter of days, and startups were playing the valuation game.