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 of India (NSE) on Friday said its board of directors has approved plans to undertake an initial public offering (IPO) through an offer for sale (OFS) by existing shareholders.NSE said the IPO will involve listing of its shares on one or more recognized Indian stock exchanges, subject to applicable regulatory approvals, […]
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 […]
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 […]
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 […]
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 […]