India’s largest stock exchange is awaiting clearance from the securities regulator to proceed with its public listing plans, according to Chief Executive Officer Ashish Kumar Chauhan. The National Stock Exchange of India Ltd., whose initial public offering has faced delays since it initial filing in 2016, needs approval from the Securities and Exchange Board of … Read more
The primary market will see its biggest offering till date from Hyundai Motor India next week as the automaker is planning to raise over Rs 27,000 crore through its IPO. Apart from this, two other SME IPOs from Lakshya Powertech and Freshara Agro will also open for subscription next week. Further, the Street will also … Read more
Mumbai: The joint venture between Mukesh Ambani-owned Jio Financial Services and BlackRock, the world’s largest asset manager, for starting a mutual fund business in India has received the Securities and Exchange Board of India’s in-principle approval, according to an exchange filing on Friday. The capital markets regulator gave the nod on October 3, said Jio … Read more
Mumbai, The National Stock Exchange (NSE) is awaiting approval from capital markets regulator Sebi to kickstart the initial public offering process, its MD and CEO Ashishkumar Chauhan said on Thursday. The NSE‘s listing plans have been on the backburner amid a Sebi probe against the exchange and some of its top officials. It was alleged … Read more