/
•
•
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.
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 …
Thinly traded listed entities have long served as breeding grounds for stock manipulation, hurting investors. The regulator, the NSE and BSE now want to fix things by focusing on efficient delisting.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
A month on, CAS has only amplified volatility, manipulation and confusion rather than containing them.
