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May 14, 2021 | 1:37 AM
BENGALURU (Reuters) – The National Stock Exchange of India is suing the country’s market regulator to get access to 60 billion rupees ($816.77 million) of its revenue deposited into a separate account for over four years, the Economic Times reported https://economictimes.indiatimes.com/markets/stocks/news/nse-approaches-sat-to-access-over-6000-cr/articleshow/82619623.cms on Friday, citing people with knowledge of the matter.
In September 2016, the Securities and Exchange Board of India (SEBI) had asked the NSE to deposit revenue generated from offering co-location services into a separate account and had barred it from using those funds, the report said.
GoAir files DRHP for Rs 3,600-cr a day after rebranding itself
GoAir
GoAir, the low-cost airline has filed for the Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise up to Rs 3,600 crore.
A DRHP or offer document is the preliminary registration document prepared by merchant bankers for prospective IPO-making companies in the case of book building issues.
Wadia Group-owned GoAir files for Rs 3,600 cr IPO with SEBI
The airline proposes an Initial Public Offer (IPO) of equity shares through the 100 percent book building process in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended. The Company will offer fresh equity shares aggregating up to Rs 3,600 crore, according to a press release.
The National Stock Exchange of India is suing the country's market regulator to get access to 60 billion rupees ($816.77 million) of its revenue deposited into a separate account for over four years, the Economic Times reported https://economictimes.indiatimes.com/markets.
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Sovereign gold bond opens May 17; issue price fixed at Rs 4,777/gm
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Last Updated: May 14, 2021, 09:26 PM IST
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Synopsis
The government, in consultation with the RBI, has decided to offer a discount of Rs 50 per gram less than the nominal value to those investors applying online and the payment against the application is made through digital mode.
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The government has decided to issue the bonds in six tranches from May 2021 to September 2021. The RBI will issue the bonds on behalf of the Government of India.
MUMBAI: The issue price for Sovereign Gold Bond Scheme 2021-22, which will open for subscription for five days from May 17, has been fixed at Rs 4,777 per gram, the Reserve Bank of India said on Friday.