Boardroom spat at Tata prompts Indian regulator to tighten rules on directors

Mumbai

INDIA'S market regulator is looking to tighten regulations related to the appointment and removal of directors from company boards amid an ongoing spat between the Tata group and its ousted chairman Cyrus Mistry, CNBC-TV 18 cited sources as saying on Sunday.

The news channel did not provide much detail on the steps it said were being considered by the Securities and Exchange Board of India (SEBI).