Press Esc to close
Thursday 28 July 2016
News updated at 8:18 AM IST
Weather
Max: 29.1°C
Min : 20.1°C
In Bengaluru
Sunny day

16 regional SEs defunct

New Delhi, Nov 24, 2012, PTI :
Namo Narain Meena

The government said there are about 16 regional bourses, including Delhi Stock Exchange (DSE), in the country are in the defunct state.

Currently, there are 16 bourses which are not operational as they could not have their own trading platform, Minister of State for Finance Namo Narain Meena informed Rajya Sabha.

Ahmedabad Stock Exchange, Bangalore Stock Exchange, Bhubneshwar Stock Exchange, Cochin Stock Exchange, Vadodara Stock Exchange and Delhi Stock Exchange, among others, are not operational.

The Minister also said the market regulator Sebi had laid down policy for in May this year for compulsory de-recognition of such defunct regional stock exchanges.

According to new guidelines, the defunct stock exchanges are allowed to seek voluntary surrender of recognition and exit. The stock exchanges which fail to achieve to maintain an turnover of Rs 1,000 crore would have to close shops within two years of the guidelines issued. 


Go to Top

Photo Gallery
Varun Dhawan, John Abraham and Jacqueline Fernandez during promotion of their upcoming movie...

Varun Dhawan, John Abraham and Jacqueline Fernandez during promotion of their upcoming movie...

A man dives to catch the ball during fotball practice in a public park in Kolkata...

A man dives to catch the ball during fotball practice in a public park in Kolkata...

CRPF personnel march during their 77th anniversary function at Kadarpur in Gurgaon on Wednesday....

CRPF personnel march during their 77th anniversary function at Kadarpur in Gurgaon on Wednesday....

Commuters walk with their belongings as buses were off the roads as the KSRTC employees' strike...

Commuters walk with their belongings as buses were off the roads as the KSRTC employees' strike...

Girls applying Henna in a competition organised as part of the Teej Festival at a school...

Girls applying Henna in a competition organised as part of the Teej Festival at a school...

Farmers cutting the ripened paddy plants in a flooded locality at Hajo in Kamrup district...

Farmers cutting the ripened paddy plants in a flooded locality at Hajo in Kamrup district...

Boys walk with an umbrella during rains in Srinagar on Wednesday...

Boys walk with an umbrella during rains in Srinagar on Wednesday...

A boy rows his makeshift raft in the weed covered Sabarmati river in Ahmedabad...

A boy rows his makeshift raft in the weed covered Sabarmati river in Ahmedabad...

A One-horned Rhino swims through flood waters in Kaziranga National Park in Assam on Wednesday...

A One-horned Rhino swims through flood waters in Kaziranga National Park in Assam on Wednesday...

Buffaloes being herded to a safer place from flood affected Singimari Village in Kamrup district...

Buffaloes being herded to a safer place from flood affected Singimari Village in Kamrup district...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523