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Forward News
National Stock Exchange, NSE
No exemption for NSE from new equity norms
In a setback for the National Stock Exchange (NSE), the Ministry of Consumer Affairs (MCA) has turned down the equity exchange's demand for exemption from the revised equity restructuring guidelines relating to its stake in the National Commodity & Derivatives Exchange (NCDEX). The commodity derivatives market regulator, Forward Markets Commission (FMC), introduced revised equity restructuring guidelines