Exchange is hoping for an approval from the Sebi next month
The exchange also asked brokers to advise their clients not to blindly follow unfounded rumours and tips and invest in securities
A Sebi-appointed committee had earlier found instances of breach of fair access norms and preferential treatment by NSE
The auction will be conducted on the NSE-ebid platform after the close of market trading
It will file draft IPO papers with the Sebi for the domestic public issue by January 2017
The bourse is implementing 11 'pan-organisation' measures to strengthen its IT infrastructure as Sebi initiates an independent audit of its systems
It has virtual monopoly in high volume derivatives segment, while BSE had around 14 per cent market share in cash segment in 1HFY17
Earlier, the scheme was available for a period of three months from July 1 to September 30, but now it is extended till November 30
Move comes after Sebi wrote to NSE board on September 9
The Big Four audit firms - Deloitte, EY, KPMG and PwC - saw their fee pool increase by 30 per cent in 2015-16, according to an analysis by Prime Database. Between them, the four firms handled 401 assignments, a fourth of listed companies on the NSE. "Their dominance is even stronger in the Nifty-500 basket wherein they handled 234 of the 500 audits or 47 per cent of the total," says Prime. Interestingly, rotation of auditors among listed companies gathered momentum in FY16. As many as 178 companies changed their auditors from 2014-15 to 2015-16. According to the new Com-panies Act, Indian comp-anies cannot have the same auditors for more than 10 years. The rule came into effect from April 2014 and companies had three years' time to change auditors. According to Prime, to meet this requirement, tenures of 99 auditors at 94 firms shall expire in 2017-18 and 172 auditors at 168 firms in 2018-19
The exchange had said it would file a draft prospectus with Sebi by Jan 2017 for domestic listing and another by April for doing so abroad
The decision will facilitate participants in optimising the utilisation of idle collateral deposits
Debt auction quota gives overseas investors the right to invest in the debt, up to the limit purchased
NSE board had already given its nod to list in India and overseas, it would also file a draft prospectus with market regulator to Sebi by January 2017 for domestic listing
The firms, including Pyramid Saimira Theatre, had been asked to show why their shares should not be delisted
We want our stakeholders to monetise value and get a transparent price. That's our prime consideration: Chitra Ramkrishna
Former secretary at Ministry of Corporate Affairs Naved Masood and KPMG India's former deputy chief executive Dinesh Kanabar included on board
India's only listed exchange, Multi Commodity Exchange, had debuted in stock market at a P/E of 37 and is currently valued at 67
Investment banking experts say listing abroad would help Indian exchanges in better price discovery
The repository provides consolidated information on over-the-counter deals in corporate bonds across exchanges