Will make formal application for consent on co-location issue: NSE's Limaye

The MD & CEO of NSE also doesn't wants to give a timeline for settlement of issue

Vikram Limaye, the new managing director (MD) and chief executive officer (CEO) of the National Stock Exchange (NSE) tells Samie Modak that he doesn't want to give a timeline for the co-location (colo) issue to settle but says he would like to end it soon. Edited excerpts:

NSE is keen to settle the colo issue through consent. At what stage are the consent talks?

There have been discussions between NSE and Sebi (Securities and Exchange Board of India) on the consent process. Now that I have joined, I will pursue those talks and see how we can move along. In