Page 45 - Nse

External auditor to examine NSE's algo trade

Move comes after Sebi wrote to NSE board on September 9

Big four dominate

The Big Four audit firms - Deloitte, EY, KPMG and PwC - saw their fee pool increase by 30 per cent in 2015-16, according to an analysis by Prime Database. Between them, the four firms handled 401 assignments, a fourth of listed companies on the NSE. "Their dominance is even stronger in the Nifty-500 basket wherein they handled 234 of the 500 audits or 47 per cent of the total," says Prime. Interestingly, rotation of auditors among listed companies gathered momentum in FY16. As many as 178 companies changed their auditors from 2014-15 to 2015-16. According to the new Com-panies Act, Indian comp-anies cannot have the same auditors for more than 10 years. The rule came into effect from April 2014 and companies had three years' time to change auditors. According to Prime, to meet this requirement, tenures of 99 auditors at 94 firms shall expire in 2017-18 and 172 auditors at 168 firms in 2018-19

NSE to meet regulator for clarity on its listing

The exchange had said it would file a draft prospectus with Sebi by Jan 2017 for domestic listing and another by April for doing so abroad

NSE to permit collateral transfer from September 19

The decision will facilitate participants in optimising the utilisation of idle collateral deposits

NSE to auction investment limits for Rs 7,000 cr govt bonds

Debt auction quota gives overseas investors the right to invest in the debt, up to the limit purchased

NSE board meets to finalise bankers for its IPO

NSE board had already given its nod to list in India and overseas, it would also file a draft prospectus with market regulator to Sebi by January 2017 for domestic listing

NSE to delist 14 companies from its platform from August 31

The firms, including Pyramid Saimira Theatre, had been asked to show why their shares should not be delisted

NSE sticks to IPO plan to give shareholders exit options

We want our stakeholders to monetise value and get a transparent price. That's our prime consideration: Chitra Ramkrishna

NSE revamps board; appoints Mohandas Pai, 2 others as directors

Former secretary at Ministry of Corporate Affairs Naved Masood and KPMG India's former deputy chief executive Dinesh Kanabar included on board

NSE could get a market cap of Rs 40,000 crore

India's only listed exchange, Multi Commodity Exchange, had debuted in stock market at a P/E of 37 and is currently valued at 67

Regulatory ambiguity on NSE foreign listing plan

Investment banking experts say listing abroad would help Indian exchanges in better price discovery

NSE launches trade repository for corporate debt

The repository provides consolidated information on over-the-counter deals in corporate bonds across exchanges

NSE launches trade repository for corporate debt

The repository will provide consolidated information on over the counter deals in corporate bonds across exchanges

NSE launches concession scheme in transaction fee currency F&O

'NSE MORE' scheme will not be applicable for far month contracts during the July-September period, this year

Listing of bourses: NSE 'delay' irks PE investors

Allege delaying tactics by management; NSE says already engaged in the process

NSE to list, finally

To file draft prospectus for domestic listing by Jan, for foreign listing by April

NSE to file for domestic IPO by January 2017; will pursue foreign listing too

All these decisions were taken during the last meeting of the board of directors on June 23, 2016

NSE to file for domestic IPO by January 2017: Source

It will also pursue a foreign listing

NSE to levy fee on multi-leg orders in currency derivatives

The exchange will start charging for multi-leg order entry facility from August 1

NSE to launch 2-factor validation in negotiated trade platform

Last year, the exchange introduced a web-based negotiated trade platform for reporting all the deals in the debt segment