UK Sinha assumes office as 8th Sebi chairman
Upendra Kumar Sinha has assumed the office as the chairman of the Securities and Exchange Board from the outgoing chairman Chandrashekar Baskar Bhave. As the eighth Chairman of the market watchdog, UK, as he is known among his friends, has a tough task cut out for him, since his predecessor had placed the institution highly above suspicion and had also shown the real powers of the Sebi to one and all-especially the mighty.
