Jayshree P Upadhyay
India’s Supreme Court had ordered the sale to recover money owed to investors
The initial public offering (IPO) of National Stock Exchange of India’s shares will likely be delayed till the bourse resolves the allegations of providing unfair access to certain brokers in its co-location platform and has a full-time chief executive officer in place. “NSE doesn’t want to list before the allegations… Read more »
The Shenzhen Stock Exchange is the largest in China by trading volume
The increased surveillance will happen through a risk-based supervision system.
Limaye needs SEBI approval to become the first outside hire to head NSE.
The key priority would include smoothly listing the exchange.
Sebi’s review comes at a time when the BSE has listed on its rival NSE
Limaye will succeed Chitra Ramkrishna.
Initial public offerings (IPOs) of private equity-backed companies that have inked profit-sharing agreements may face hurdles with the markets regulator making it mandatory for listed companies to disclose and seek shareholders’ approval for all such agreements. Profit-sharing or upside-sharing agreements between promoters, key managerial personnel and private equity investors are… Read more »
The move is expected to reduce litigation in M&A deals. Sebi’s oversight early on in the process will also ensure that minority shareholders aren’t short-changed in such transactions.