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National Stock Exchange has offered 1,388 crore to SEBI for settling co-location and dark fibre cases. This move could clear the path for NSE's initial public offering. The co-location case involved preferential access to NSE's servers for some brokers. The dark fibre case concerned unauthorized installation of fibre optic lines. SEBI is yet to approve the settlement.
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News and Media
India's markets regulator on Tuesday proposed to increase the board oversight of key exchange functions, including the ones related to trading, risks, regulatory and compliance operations, a consultation paper showed.
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News and Media
The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said on Tuesday, a stance directly at odds with President Donald Trump's calls for immediate cuts.
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News and Media
Indian market bounced back on Tuesday to close in the green. The BSE Sensex rose more than 150 points while the Nifty50 managed to close above 25000.
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News and Media
Five Nifty500 companies posted their highest quarterly net profits in 10 quarters, with over 50% growth from previous peaks, signaling strong operational performance.
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News and Media
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