Govt allows direct listing of Indian companies on GIFT City's exchanges
Eligible platforms for this initiative include India International Exchange and NSE International Exchange
Eligible platforms for this initiative include India International Exchange and NSE International Exchange
The stellar listing of Vishnu Prakash was in line with Street expectations as its ₹308.88 crore IPO received an overwhelming response from investors.
As per the existing legal framework in India, domestic companies are allowed to sell their shares in the global markets only through ADRs and GDRs.
In the not-very-far future, India will have a mechanism that will facilitate instantaneous settlements on the stock exchange, says Madhabi Puri Buch
According to SEBI, the decision has been taken considering significant development in the securities market, including technological advancements.
The public sector enterprises and public sector banks will be excluded from the process of shortlisting of securities under ESM.
Material events for which decisions have been taken in the meeting of the board of directors must be disclosed to exchanges within 30 minutes, says SEBI.
Sebi asks exchanges to report outage immediately or in 15 minutes via broadcast message or its website. They must inform about extension of trading hours.
The main focus of the SEBI board meeting seemed to be about measures to enhance accountability of people within the system, and assessment of risks