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Action against auditors: Sebi chief says no question of ‘turf wars’


But the audit firm had successfully challenged the same in SAT and got the order quashed. Later, the SC stayed a SAT order which had held that Sebi does not have the power to bar auditors.

The Securities and Exchange Board of India (Sebi) has approved initial public offerings (IPOs) of over Rs 20,000 crore and another 10-11 worth Rs 15,000 crore are in the pipeline. Speaking at the AIBI Annual Summit 2019, Sebi chairman Ajay Tyagi also said divestment by the government would further give impetus to the new IPOs.

“In 2017-18, the IPOs did really well ...


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