It will be one of two large share sales in India this year, along with an issue by billionaire Mukesh Ambani's Reliance Jio Platforms
The National Stock Exchange (NSE) has offloaded around 1 per cent stake in Indian Gas Exchange (IGX), the country's first online delivery-based trading platform for natural gas, to comply with regulatory requirements, sources said on Monday. The stake sale is part of NSE's effort to align with Petroleum and Natural Gas Regulatory Board (PNGRB) norms, which mandate that no single entity holds more than 25 per cent in the exchange. IGX operates an electronic trading platform for natural gas, offering spot, forward and delivery-based contracts. Following the latest dilution, NSE's shareholding in IGX has come down to 25 per cent. Notably, the exchange had acquired a 26 per cent stake in IGX for over Rs 19 crore in March 2021 to become a co-promoter, after securing approvals from PNGRB. Earlier this month,NSE partnered with IGX to introduce exchange-traded derivatives based on domestic natural gas prices.As part of the collaboration, NSE will launch natural gas futures contracts linke
Exchange aims to expand its commodity segment with differentiated offerings, focusing on product innovation, retail participation, and value-chain engagement
National Stock Exchange (NSE) on Monday said it has received approval from the Ministry of Corporate Affairs (MCA) to reserve the name "National Coal Exchange of India Limited" for its proposed coal exchange. The move follows NSE's board approval in February to set up a wholly-owned subsidiary for the initiative, with proposed names, including "National Coal Exchange", "Bharat Coal Exchange" and "India Coal Exchange". In a statement, NSE said it has committed an initial capital infusion of up to Rs 100 crore and will hold a 60 per cent stake in the venture; and the remaining 40 per cent will be offered to other shareholders. "This is a key milestone achieved, and in due course we will be taking the necessary actions for applying for the requisite license with the Coal Controller Organisation in accordance with applicable regulatory requirements," said Ashishkumar Chauhan, MD & CEO at NSE. The proposed coal exchange seeks to address these inefficiencies by creating a transparent,
Exchange hires 20 investment banks and multiple legal advisers as it prepares to file draft papers for a long-delayed public listing later this year
The exchange plans to select advisers by mid-March, according to some of the people, who asked not to be identified as the information is private
The planned share sale will be entirely an offer for sale, with existing shareholders expected to divest about 4 per cent to 4.5 per cent of the company's equity
Indian households added nearly ₹10 trillion to equity holdings in FY26 so far, taking total ownership close to ₹88 trillion amid a structural shift in savings
Nifty hovers near key technical levels as markets eye IPO revival and NSE index rejigs, making the coming week crucial for equity sentiment
NSE will shift to nanosecond response time starting April 11, lifting capacity to nearly 100 million trades per second; CEO flags cyber risks and new products
NSE IPO rekindles debate over exchange ownership, profit motive and Sebi's deep regulatory control
MCX and NSE said have removed an extra 3 per cent margin on all gold futures contracts and 7 per cent on all silver futures contracts, starting today. The move is expected to ease margin requirements
Brandman Retail, a distributor and retailer for the premium athleisure and lifestyle brands, has been listed on NSE at a valuation of Rs 324.85 crore. The company, which has an IPO price of Rs 176, settled at Rs 211.80 on NSE on Friday, up 4.98 per cent. Brandman Retail, which has raised Rs 86 crore through its public issue, will invest the proceeds in store expansion, working capital support, and general corporate purposes, according to a company statement. Brandman Retail currently operates 21 stores across India, which is a mix of Exclusive Brand Outlets (EBOs) and Multi-Brand Outlets (MBOs). "As part of its next growth phase, the company plans to open 15 new stores funded through IPO proceeds, forming the first leg of a broader expansion strategy aimed at building a 50+ store national network," it said. Founded by Arun Malhotra, Brandman Retail has positioned itself as a platform for international sports and lifestyle brands seeking structured entry and expansion in the Indian
HDFC Flexicap Fund enters the ₹1 trillion AUM club, becoming only the third active mutual fund scheme in India to cross the milestone
Exchange offers 50% reduction in annual recovery charges for connectivity and colocation services on Wednesdays and Thursdays
Transaction charges, which constitute over two-thirds of the total income, fell 12 per cent Y-o-Y. The decline likely reflects lower trading volumes and market activity
Commerce and Industry Minister Piyush Goyal on Monday held a meeting with National Stock Exchange (NSE) MD and CEO Ashish Kumar Chauhan in Mumbai on the holistic benefits of the Budget 2026-27. Investors and captains from the mutual funds and asset management industry were also present at the meeting. "Had an excellent and engaging breakfast meeting on the holistic benefits of the #ViksitBharatBudget2026 at the NSE, with their MD & CEO @AshishChauhan ji, along with investors and captains from the mutual funds and asset management industry. Delighted by their optimism following the budget, their excitement for the growth opportunities that it supports, as well as the new ideas and suggestions that they shared," Goyal said in a social media post. The meeting comes on the heels of the FY27 Budget proposal to increase the securities transaction tax (STT) on futures contracts to 0.05 per cent from 0.02 per cent. STT on options premium and exercise of options are proposed to be raised ..
The exchanges will conduct their pre-market operations between 9:00 AM and 9:08 AM, with the normal operations running from 9:15 AM to 3:30 PM
For the NSE to go public, it has to submit both the NOC and an approved DRHP, say experts
NSE has not indicated how much of its equity would be listed. A platform that trades NSE's unlisted shares puts the exchange's total value at $55 billion