Cabinet approves listing of shares of public sector GICs

Securities and Exchange Board of India Chairperson Tuhin Kanta Pandey on Wednesday said the regulator has already eased the process of accreditation of Alternate Investment Fund (AIF) investors, and it will ease them further.

Alternative investment funds (AIFs) have transitioned from the margins of the financial system to become an important pillar of India's capital markets, connecting capital with sectors that require it most. Addressing the IVCA Conclave 2026 in Mumbai on Wednesday, Sebi Chairman Tuhin Kanta Pandey stated that the current geopolitical situation serves as a reminder that capital must do more than chase returns. "It must also build resilience," he noted, adding that for India, this creates a larger role for the AIF industry to finance sectors like renewables, logistics, and strategic manufacturing.

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, today has approved the development of a 4-lane corridor from Badnawar-Petlawad-Thandla-Timarwani section of NH-752D having a length of 80.45 kilometres with a total capital cost of Rs 3,839.42 crore. The approved corridor will provide connectivity of Ujjain to Timrawani interchange at Delhi Mumbai Expressway (DME). The primary purpose of the proposed four-lane project corridor is to improve travel efficiency and is expected to reduce travel time by approx. one hour.

According to the press release by the Cabinet Committee on Economic Affairs, "This 31.42 km long project corridor will provide direct and high-speed connectivity from South Delhi, Faridabad and Gurugram to Jewar International Airport, thereby promoting economic growth and logistics efficiency across the National Capital Region (NCR)." The corridor intersects the Eastern Peripheral Expressway, Yamuna Expressway, and Dedicated Freight Corridor (DFC), which enables multimodal transport convergence.

Individuals and domestic mutual funds together now hold about 36 per cent of the free float market capitalisation of Nifty 50 companies, said SEBI Chairman Tuhin Kanta Pandey, addressing the 30th anniversary of Nifty 50 at the National Stock Exchange (NSE).