NSE’s mega IPO moves closer as SC approves Sebi settlement
New Delhi: The Supreme Court Thursday accepted the settlement terms arrived at between Securities and Exchange Board of India and National Stock Exchange of India (NSE) in the co-location and dark fibre cases, removing a key regulatory hurdle to the exchange's listing that's expected to be the country's second-largest initial public offering (IPO) ever.The proposed NSE IPO is expected to garner as much as ₹31,000 crore, making it the country's second-biggest IPO - next only to the proposed init…
