Tag Archives: Stock Exchanges

Guidelines for functioning of Stock Exchanges & Clearing Corporations in IFSC ( International Financial Services Centre )

By | November 29, 2016

CIRCULAR SEBI/HO/MRD/DSA/CIR/P/2016/125 November 28, 2016 All Stock Exchanges and Clearing Corporations in International Financial Services Centre Dear Sir/Madam Guidelines for functioning of Stock Exchanges and Clearing Corporations in International Financial Services Centre (IFSC) 1. Pursuant to announcement in the Union Budget 2015-16 on Gujarat International Finance Tec-City (GIFT), SEBI (International Financial Services Centre) Guidelines, 2015… Read More »

Govt increased limit for foreign investment in Stock Exchanges from 5% to 15%

By | July 28, 2016

Cabinet increases the limit for foreign investment in Stock Exchanges from 5% to 15% The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for raising foreign shareholding limit from 5% to 15% in Indian Stock Exchanges for a stock exchange, a depository, a banking company, an insurance company, a… Read More »