India market regulator approves NSE settlement of past lapses
Reuters
India's market regulator approved the National Stock Exchange's settlement of past lapses, with resolution expected soon.Summary
India's markets regulator approved the National Stock Exchange's settlement of past lapses, stating the matter is expected to be resolved soon. The approval comes as NSE, India's largest bourse and the world's most active derivatives exchange, filed for an initial public offering after years of regulatory delays. The settlement resolves historical compliance issues that had hindered the exchange's IPO plans. Reporting was contributed by Jayshree P. Upadhyay in Mumbai and Abinaya V. in Bengaluru, with editing by Janane Venkatraman.
(Source：Reuters)