Latest news with #marketregulator
Bloomberg
26-05-2025
- Business
- Bloomberg
India's NSE Offers $118 Million to Settle Sebi Case, Revive IPO
The National Stock Exchange of India Ltd. is said to be offering a record amount of about 10 billion rupees ($118 million) to settle a longstanding dispute with the country's market regulator, according to a person involved in the discussions, likely paving the way for its public listing. The Securities and Exchange Board of India will discuss the offer, and a decision is expected soon, people familiar with the matter said, asking not to be identified as the discussions are private. The regulator is inclined to settle the legal issue, they said, which would enable the world's largest derivative exchange by contracts to secure a no-objection certificate.
Bloomberg
25-05-2025
- Business
- Bloomberg
Banco BPM Appeals Italy Regulator's Delay of UniCredit Bid
By and Vernon Silver Save Banco BPM SpA is seeking to block Italy's market regulator from delaying a proposed takeover of the bank by UniCredit SpA, as part of an escalating legal battle over the deal. Banco BPM, which opposes being taken over by its bigger rival, filed a court appeal last week that is set to be heard by the Lazio Regional Administrative Court on June 10, according to people familiar with the matter.
Reuters
12-05-2025
- Business
- Reuters
India's Gensol Engineering MD Anmol Jaggi resigns after regulatory order
May 12 (Reuters) - Gensol Engineering ( opens new tab said on Monday Managing Director Anmol Singh Jaggi and Whole-time Director Puneet Singh Jaggi have resigned, nearly a month after India's market regulator barred them from holding key positions in the company.
