SEBI decree

The Securities & Exchange Board of India (SEBI) has ordered that all media houses should disclose on their websites the private treaty they have with companies and mention it when reporting news of such companies. The Daily News and Analysis (DNA) and the Indian Express carried this news item in their Mumbai editions on August 28, 2010 but the newspaper which is the originator of private treaties, the Times of India did not, in its flagship edition. Maybe  it will follow the SEBI diktat without publishing the order - one waits and sees.