The Delhi High Court on Monday dismissed a petition challenging the no-objection certificate issued by capital markets regulator Sebi for the proposed IPO of the National Stock Exchange. This removes a legal hurdle in the exchange’s long-delayed listing plans.Justice Jasmeet Singh dismissed the plea filed by former judicial officer KC Aggarwal, noting that the petition […]
The National Stock Exchange (NSE) board will meet on February 6 to formally initiate the process of the much-awaited initial public offering (IPO), following approval by market watchdog Sebi. At the meeting, the board is expected to form a specialized IPO committee that will serve as the central authority for the listing, market sources said […]
Canara Bank is expected to be in the limelight on Wednesday, December 3, after the state-owned lender announced that it has raised Rs 3,500 crore through a fresh issuance of Basel III-compliant Additional Tier I (AT1) bonds – a key instrument used by banks to strengthen their core capital.In its regulatory filing, the bank said […]