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NSE IPO delay: Exchange urges Finance Ministry to intervene

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NSE seeks Finance Ministry intervention for stalled IPO amidst SEBI standoff; push for a solution.
The National Stock Exchange (NSE) has requested the Finance Ministry's intervention to expedite its initial public offering (IPO), which has been delayed due to ongoing investigations by the Securities and Exchange Board of India (SEBI). The NSE has been attempting to launch its IPO for several years but has faced multiple hurdles, including regulatory issues and legal challenges. The exchange is keen on going public to enhance its governance and transparency, and it believes that the Finance Ministry's involvement could help resolve the current impasse with SEBI. The NSE's request comes at a time when the market regulator is scrutinizing the exchange's past practices, particularly related to co-location facilities and trading data access.

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