National Stock Exchange has offered ₹1,388 crore to SEBI for settling co-location and dark fibre cases. This move could clear the path for NSE’s initial public offering. The co-location case involved preferential access to NSE’s servers for some brokers. The dark fibre case concerned unauthorized installation of fibre optic lines. SEBI is yet to approve the settlement.
Nifty megacaps are going nowhere. Why Samco CIO Umesh Mehta put 75% of his flexicap fund beyond largecaps
Mutual Fund CIO Umesh Mehta says Nifty mega caps may remain subdued as institutional ownership limits fresh buying and earnings momentum shifts towards mid- and