India top court disposes market regulator plea against NSE, CNBC TV-18 says

A guard stands at the gate of the National Stock Exchange (NSE) in Mumbai, India, September 6, 2024. REUTERS

Sept 3 (Reuters) – India’s top court ​dismissed the markets ‌regulator’s pleas against the ​National ​Stock Exchange of India’s  ⁠news ​broadcaster CNBC TV-18 ​said on Thursday citing news ​wire agency ​Informist.

The cases relate ‌to ⁠the co-location and dark fibre issues, ​removing ​a ⁠major regulatory hurdle ​standing between ​the ⁠stock exchange and an ⁠initial ​public ​offering.

Reporting by Mridula ​Kumar in Bengaluru