Sterlite Power appoints Monica Madan as CFO

Sterlite Power has appointed Monica Madan as CFO, succeeding Parag Jain. With over 20 years of experience at Fortune 500 companies, Madan brings expertise in financial transformation, business growth, and advocacy for diversity and inclusion.

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Sebi tightens norms for SME IPOs

Sebi has tightened regulations for SME IPOs, mandating minimum profitability and capping offer-for-sale at 20%. SMEs now need at least Rs 1 crore operating profits in two of the last three years. The reforms also include phased promoter shareholding lock-in…

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