The regulator wants the exchange to expand its capacity to take orders as new services will put pressure on the market architecture and an interruption like the one on Wednesday could repeat.
As per the new listing criteria, exclusively listed companies of de-recognised stock exchanges or bourses, which are seeking an exit from capital markets would be eligible for listing on the NSE only if their respective paid-up equity capital is at least Rs 10 crore in each three preceding financial years.
Sun outage periods, with a duration of 15 days, generally occur twice every year when there is interruption in geostationary satellite signals caused by interference from solar radiation.
It was a great challenge to start the issue right before the Budget and open after it, Ashish Chauhan, MD and CEO of BSE says. Luckily for BSE, he says the Budget turned out positive and the stock exchange got immense feedback from investors.
Markets regulator Sebi today allowed Cotton Association of India to exit the bourse business and withdrew its recognition.
The exchange said that guidelines for registration and operations for investment advisors on the platform will be issued shortly.
The move is part of NSE's effort to improve the liquidity in the equity options segment.
The exchange, in July, submitted an application with Sebi "for approval for activities undertaken by BSE Investments and BSE CSR as an insurance web aggregator and insurance broker by setting up two subsidiaries under BSE Investments."
Sources said the exchange has filed IPO papers with Sebi and shares worth over Rs 1,200-1,300 crore could be sold in the public offer.
In a circular BSE said, it has "received approval from the Reserve Bank of India (RBI) for acting as a receiving office for the Sovereign Gold Bond scheme".
The diagnostics company debuted at Rs 665 per share on the NSE, 49 percent premium to its issue price at Rs 446. However, the stock fell around 7 percent from its opening price.
The new kid on the block gave good returns to investors on a day when the market crashed in pre-Diwali trade. Both the Sensex and Nifty ended losing 1.4 and 1.7 percent respectively.
Leading stock exchange, BSE will launch multi-legged order entry facility for its currency derivative segment from tomorrow.
FMC has asked ICEX to submit a business revival plan within a week or it may be asked to shut shop in case of delay in submitting the plan.
India Glycols is likely to consider action against NSEL issue based on government steps and has not yet made any provision on bourse's exposure, says CEO Rakesh Bhartia.
The National Stock Exchange emerged as the world's second-largest bourse in terms of turnover in trading of index as well as stock futures, according to latest data.