NSE awaits Sebi's green signal to begin IPO process
According to a Sebi study in the past, nine of the 10 traders lose money in derivatives trades. When asked about NSE's IPO plans, Chauhan on Thursday said,
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According to a Sebi study in the past, nine of the 10 traders lose money in derivatives trades. When asked about NSE's IPO plans, Chauhan on Thursday said,
Its rival BSE (formerly Bombay Stock Exchange) launched its initial public offering (IPO) in 2017 and is currently listed on both exchanges. Notably, Chauhan was the CEO of BSE during its listing.
NSE's proposed public issue has been lying stalled for several years now.
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After asking National Stock Exchange (NSE) and NSE Clearing Ltd (NCL) to pay Rs72.64 crore to settle the February 2021 trading halt issue, Securities Exchange of Board of India (SEBI) allowed three more officials from NSE to go scot-free with 'punishment' like attending training courses and offering pro-bono community service.