India's SEBI chairman likely to be replaced-paper

INDIA - The chairman of the Securities and Exchange Board of India (SEBI) D.R. Mehta is likely to be replaced as part of government changes after a recent stock market crisis, a financial daily said on April 3, 2001.

The Business Standard newspaper said the process of appointing Mehta's successor was in the final stages and the government had already shortlisted a few names. Indian stock markets have been facing the worst crisis in nearly a decade following allegations of price manipulation an