......It
is clear the government has backed Sinha to steer the regulator for
another term, said the people quoted earlier. If the proposal is
approved by the Appointments Committee of the Cabinet, Sinha will be
only the second chairman after DR Mehta to secure a five-year term. GV
Ramakrishna, who headed Sebi when it became a statutory regulator in
1992, was in office for four years but left after differences with the
government over a probe against a firm controlled by a family member of
the then prime minister PV Narasimha Rao..........
Read - ET
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