Sebi gives clearance to NSE IPO after decade-long wait
New Delhi (PTI): Markets regulator Sebi has granted a no-objection certificate (NOC) to the country's largest bourse, National Stock Exchange (NSE), to proceed with its long-awaited public listing, an official said on Friday.
NSE's IPO plans had been stalled for more than a decade.
The exchange first filed its draft offer documents in 2016 to raise about Rs 10,000 crore through an offer for sale by existing shareholders. However, Sebi did not grant approval due to regulatory concerns related to governance lapses and the co-location case. Since then, NSE had approached the regulator multiple times seeking clearance.
Earlier this month, Sebi chairman Tuhin Kanta Pandey said the regulator had given "in-principle" approval to the settlement plea filed by NSE in the unfair market access case, an important development seen as paving the way for the exchange's IPO.
NSE had filed the settlement application in June 2025.
In March 2025, Sebi constituted an internal committee to examine NSE's listing plan.
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Two held for robbing man on knifepoint
Bengaluru (PTI): Two people have been arrested for allegedly robbing a man at knifepoint after seeking a lift on his two-wheeler, police said on Friday.
The accused, who were apprehended within a day of the complaint, are alleged to have assaulted the victim using a knife and helmet before fleeing with his vehicle, mobile phone and purse.
The victim, a manager at a Kalyana Mantapa in Nellukunte, has lodged a complaint at Chikkajala Police Station on March 26, police said.
He stated that at around 2.30 am on March 25, while heading towards Hunasamaranahalli Road for food, two unidentified persons requested a lift, which he agreed to.
"When they reached near D-Mart on Hosahalli Road, the accused asked him to stop the vehicle. Upon stopping, the accused abused him, assaulted him using a knife and helmet, and robbed his two-wheeler, mobile phone, and purse before fleeing," the release said.
During the investigation, police gathered credible leads and apprehended the two accused near Hunasamaranahalli on March 26.
"Upon interrogation, both accused confessed to their involvement in the offence," it said.
Based on their disclosure, the stolen two-wheeler, knife, helmet, purse and a mobile phone were recovered.
The total value of the recovered property was pegged at Rs 2.20 lakh.
The accused were produced before a court on March 27 and remanded to judicial custody, police said.
