Sebi agrees to settle all NSE cases, clears way for mega IPO
· economictimes.indiatimes.com
India's National Stock Exchange has settled all pending regulatory cases for a significant sum. This settlement clears the final major hurdle for the exchange's long-delayed stock market debut. The Securities and Exchange Board of India agreed to the settlement terms after years of legal battles. NSE plans to raise over twenty-six thousand crore rupees this year. The financial impact of the settlement has already been accounted for.
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