National Stock Exchange of India (NSE) appears to be all set to launch its much-awaited initial public offering (IPO) in coming months. The leading exchange has made provision of nearly Rs 1,300 crore for one-time settlement fees with the capital markets regulator SEBI in the co-location case. This will clear the major roadblocks in the exchanges' IPO, subject to necessary approvals. Advertisement
NSE reported a 33 per cent fall on a year-on-year (YoY) basis in its consolidated net profit at Rs 2,098 crore, which included a given provision. Excluding this provision, its net provision stood at Rs 3,396 crore for the quarter. NSE's revenue from operations in the quarter under review stood at Rs 3,677 crore, down 18 per cent YoY.
Sandip Ginodia, CEO of Kolkata-based Altius Investech said t

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