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Madhu Kannan: bye BSE, hello Tata
The Tata Group’s incoming head, Cyrus Mistry, made his first major hire on Tuesday in the form of Madhu Kannan (pictured left), head of the Bombay Stock Exchange. As the FT reported, for Tata, Kannan...
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Indian equities: time to jump in?
India’s economy has taken quite a beating over the last year or so – not just in the dismal statistics, but in sentiment reflected in analysts’ reports and the media. But a few reports released...
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BSE plans a listing in 2013
Following in the footsteps of the upstart rival Multi Commodity Exchange, the Bombay Stock Exchange – Asia’s oldest bourse – plans an IPO next year. The bourse’s listing will be the first such since...
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India: BSE regulatory action hits stocks
India’s SKS Microfinance fell as much as 14 per cent in early trading on Tuesday after the Bombay Stock Exchange relegated 74 companies to trade-to-trade settlement, a regulatory procedure that...
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India’s MCX-SX: what’s it got?
The MCX-SX. Is it a dangerous chemical compound? A state of the art camera? Or a new type of heavy artillery? No, it’s India’s new stock exchange. Beyond its slight tongue-twister of a name, though,...
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Bombay bourse in alliance with S&P
A new alliance in the fast-moving world of stock exchange partnerships: the venerable Bombay Stock Exchange (BSE) has teamed up S&P Dow Jones Indices – and is marking the deal by giving its indices...
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Indian IPOs: lacking momentum
What’s going on with Indian IPOs? Poor demand, increased competition for retail investment or bad news from companies that went before? Whatever the reason, fundraising via initial public offerings in...
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