The National Stock Exchange of India (NSE) hosted many of India's initial public offerings (IPO's) in what's been the best-ever year for new listings. Unfortunately for its shareholders, the NSE itself missed out on the party. The operator of the country's dominant bourse shelved plans to list this year because of an investigation into whether the exchange gave high-frequency traders unfair access to its systems. Former Chief Executive Officer Chitra Ramkrishna quit weeks before it filed an IPO draft prospectus, while millions of dollars of revenue has been ...
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- ICICI Securities makes weak debut; stock dips 14% below issue price
- ICICI Securities raises Rs 35.15 bn from IPO; receives 88% subscription
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First Published: Fri, December 22 2017. 23:57 IST