Advertisement
Singapore markets closed

  • Straits Times Index

    3,410.81
    -29.07 (-0.85%)
     

  • Nikkei

    40,912.37
    -1.28 (-0.00%)
     

  • Hang Seng

    17,799.61
    -228.67 (-1.27%)
     

  • FTSE 100

    8,203.93
    -37.33 (-0.45%)
     

  • Bitcoin USD

    56,339.07
    -1,810.37 (-3.11%)
     

  • CMC Crypto 200

    1,171.18
    -37.51 (-3.10%)
     

  • S&P 500

    5,567.19
    +30.17 (+0.54%)
     

  • Dow

    39,375.87
    +67.87 (+0.17%)
     

  • Nasdaq

    18,352.76
    +164.46 (+0.90%)
     

  • Gold

    2,397.70
    +28.30 (+1.19%)
     

  • Crude Oil

    83.29
    -0.59 (-0.70%)
     

  • 10-Yr Bond

    4.2720
    -0.0830 (-1.91%)
     

  • FTSE Bursa Malaysia

    1,611.02
    -5.73 (-0.35%)
     

  • Jakarta Composite Index

    7,253.37
    +32.48 (+0.45%)
     

  • PSE Index

    6,492.75
    -14.74 (-0.23%)
     

SEBI says to allow stock exchanges to list

Reuters
The logo of the Securities and Exchange Board of India (SEBI), India's market regulator, is seen on the facade of its head office building in Mumbai, India, July 13, 2015. REUTERS/Shailesh Andrade/Files (Reuters)

MUMBAI (Reuters) - The Securities and Exchange Board of India (SEBI) said it will allow stock exchanges to list, paving the way for bourses BSE Ltd and the National Stock Exchange (NSE) to conduct initial public offerings. The regulator, said it will allow exchanges and depositories to list as long as they can meet a minimum public shareholding of 51 percent and vet each shareholder using "fit and proper" criteria. (Reporting by Himank Sharma; Editing by Hugh Lawson)