<p>The country’s premier bourse, Bombay Stock Exchange is preparing for an initial public offer (IPO) of shares in order to reduce its over-reliance on revenues from cash equity trading. <br /><br />“We are in a preparatory stage for a listing,” BSE Chief Executive Madhu Kannan said at the Reuters India Investment Summit here on Tuesday. <br /><br />However, Kannan did not give a time frame for the listing saying “We are getting internally ready but the timeframe is something difficult to predict.”</p>
<p>The country’s premier bourse, Bombay Stock Exchange is preparing for an initial public offer (IPO) of shares in order to reduce its over-reliance on revenues from cash equity trading. <br /><br />“We are in a preparatory stage for a listing,” BSE Chief Executive Madhu Kannan said at the Reuters India Investment Summit here on Tuesday. <br /><br />However, Kannan did not give a time frame for the listing saying “We are getting internally ready but the timeframe is something difficult to predict.”</p>
