Supreme Court dismisses Sebi’s plea against NSE: Report

SC Closes SEBI’s Pleas Against NSE After Rs 1,500-Crore Settlement

The co-location and dark fibre cases relate to allegations that certain stockbrokers received unfair, preferential speed advantages to access market data and trade before other investors.

Supreme Court dismisses Sebi’s plea against NSE: Report

In a pivotal ruling, India's supreme court has dismissed the regulatory challenges raised by market authorities against the National Stock Exchange. This verdict eliminates a major hurdle for the exchange's initial public offering, addressing previous controversies over co-location and dark fibre allegations. CNBC TV-18 provided coverage of this significant development on Thursday, paving the way for the IPO to proceed.