Delhi HC dismisses plea against Sebi’s NOC for NSE IPO, says petition aimed at ‘banning’ listing

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 […]

Higher F&O costs may hit trading activity, but revival in profits will boost markets: Raamdeo Agrawal

The recent changes affecting derivatives trading could make certain strategies less profitable and could temporarily affect market liquidity, warned veteran investor Raamdeo Agrawal in an interaction with ET Now. While the broader budget has been well received, Agrawal says the timing of higher trading costs has contributed to short-term market jitters, especially at a time […]

NSE IPO likely within 7-8 months; no new issue, sale of 4-4.5% shares through OFS: Ashish Chauhan

The National Stock Exchange’s (NSE) initial public offering (IPO) is likely to hit domestic primary markets in the next seven to eight months, with India’s largest stock exchange expected to transfer 4 to 4.5% of its equity through existing shareholders, ET Now reported, quoting Managing Director and CEO Ashish Kumar Chauhan. He clarified that NSE […]

Sebi has no objection to NSE’s IPO, paving the way for listing

Markets regulator Sebi has issued its no-objection certificate for the much-awaited initial public offering (IPO) of the National Stock Exchange (NSE), according to sources aware of the matter. The approval marks a major regulatory milestone for India’s largest stock exchange, which has been preparing for a stock exchange listing for several years amid governance reforms […]