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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Moving CEO Ashish Chauhan from BSE to its much larger rival raises some important questions, and hints at a broader trend.
Editor's note: On 18 July, Ashish Chauhan was appointed as chief executive officer and managing director of the country's largest stock exchange, National Stock Exchange of India Ltd. Chauhan, at that time was CEO of BSE Ltd, which is engaged in a near duopoly with NSE. Many considered Chauhan, who was part of the founding team of NSE, as the most suitable person to anchor the stock exchange, which has been mired in controversy and questions over corporate governance of late. “Ashish was the most eligible person to head NSE. He is seen as clean. Also he has done a wonderful job at BSE. Also, he knows NSE better than many other people—since he is part of the founding team,” says an executive who has worked with Chauhan at BSE, asking not to be named. Yet, there are concerns over Chauhan’s shift from BSE to its much larger rival. The speed at which he moved—or was asked to move—left BSE without a chief executive. For many in the industry, it’s an indication of the government and the Securities and Exchange Board of …
Moving CEO Ashish Chauhan from BSE to its much larger rival raises some important questions, and hints at a broader trend.
Editor's note: On 18 July, Ashish Chauhan was appointed as chief executive officer and managing director of the country's largest stock exchange, National Stock Exchange of India Ltd. Chauhan, at that time was CEO of BSE Ltd, which is engaged in a near duopoly with NSE. Many considered Chauhan, who was part of the founding team of NSE, as the most suitable person to anchor the stock exchange, which has been mired in controversy and questions over corporate governance of late. “Ashish was the most eligible person to head NSE. He is seen as clean. Also he has done a wonderful job at BSE. Also, he knows NSE better than many other people—since he is part of the founding team,” says an executive who has worked with Chauhan at BSE, asking not to be named. Yet, there are concerns over Chauhan’s shift from BSE to its much larger rival. The speed at which he moved—or was asked to move—left BSE without a chief executive. For many in the industry, it’s an indication of the government and the Securities and Exchange Board of …
A Rs 10,440 crore share swap with listed Shalimar Paints could give the building materials startup a public market presence without a traditional IPO. But the novel route leaves investors grappling with dilution, valuation and governance concerns.
The Bengaluru-based contract manufacturer lands in legal hot water with the California-headquartered transformer startup over a trade secret dispute.
The Rs 250 SIP was launched last year by the former SEBI chairperson with one clear goal: financial inclusion. More than a year later, the much-hyped scheme doesn’t seem to have caught on with MF investors.
A Rs 10,440 crore share swap with listed Shalimar Paints could give the building materials startup a public market presence without a traditional IPO. But the novel route leaves investors grappling with dilution, valuation and governance concerns.
The Bengaluru-based contract manufacturer lands in legal hot water with the California-headquartered transformer startup over a trade secret dispute.
The Rs 250 SIP was launched last year by the former SEBI chairperson with one clear goal: financial inclusion. More than a year later, the much-hyped scheme doesn’t seem to have caught on with MF investors.
