Now, a diagnostic kit for Clause 49 of India's Securities and Exchange Board

Consultants make a killing as firms rush to comply with listing norms.

Consultants are laughing all the way to the bank as India Inc prepares to comply with Clause 49 of Securities and Exchange Board of India’s listing agreement.

As the year-end deadline for listed companies to implement Sebi’s tightened corporate governance norms draws closer, promoters and chief finance officers are scurrying to multinational consultancy outfits for help because of their global experience.

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