The markets regulator has set new rules aimed at improving corporate governance in publicly traded companies, made algorithmic trading accessible and cut mutual fund fees. The board accepted about half of the 80-odd suggestions made by a panel led by banker Uday Kotak to improve corporate governance. The sweeping changes in governance standards will span areas including composition of boards, the make-up of board committees, treatment of subsidiaries, disclosure for related-party transactions, audit evaluations and conduct of annual general meetings.

(Live Mint)