Foreign portfolio investors are requesting Sebi to extend their license tenure to five years and introduce a closing auction session for more accurate closing prices. They also seek exemptions from granular disclosures for large private funds and a review of the threshold for revealing the identities of ultimate beneficial owners.
NSE pays Rs 715 crore to settle pending Rs 1,491-crore co-location case ahead of IPO
NSE has paid the remaining Rs 714.74 crore to Sebi, completing the Rs 1,491.21-crore settlement of the long-pending colocation and dark fibre cases. The payment