Volatile times for auto: Seshasayee CHENNAI: Ashok Leyland Executive-Vice Chairman R Seshasayee on Saturday warned of unprecedented market volatility for the auto sector but said there is an opportunity in every risk. I am representing an industry which is notorious for market volatility. We expected there could be a slowdown in this quarter (in January-March). When that did not happen,we started to worry. This is pretty much hardwired in managing the market volatility,Seshasayee said Ports need private investment: Vasan CHENNAI: Shipping Minister G K Vasan on Saturday sought more participation from the private sector in developing ports,saying investments in the sector is expected to reach Rs 50 lakh crore in the 12th Plan. The strategy of the government is to increase investment in infrastructure through a combination of public and private partnerships, Vasan said. Protect small investors: FM tells Sebi Finance Minister Pranab Mukherjee on Saturday asked capital markets regulator SEBI to diligently protect the interest of retail investors. He (the Finance Minister) has directed us to be very careful towards protecting interest of small investors and also work towards market regulation and development, SEBI Chairman U K Sinha told reporters after a board meeting chaired by Mukherjee. The board discussed the future agenda and expectations of the government from SEBI on policy fronts,he added. Sinha further said that the market regulator has assured the finance minister that it will be working toward policy objective which the government has given to the market regulators.
