𝗖𝗦𝗘 𝗮𝗻𝗱 𝗪𝗕𝗚𝗼𝘃 𝗽𝘂𝘀𝗵𝗶𝗻𝗴 𝗳𝗼𝗿 𝗮 𝗿𝗲𝘃𝗶𝘃𝗮𝗹.
Calcutta Stock Exchange (CSE), once one of Asia’s oldest and most prominent exchanges, may get a fresh lifeline after officials approached the Government of West Bengal seeking intervention to save the institution. Union Home Minister Amit Shah reportedly assured them of support, reviving discussions around the future of the historic exchange.
CSE has remained largely inactive for years as trading shifted overwhelmingly to NSE and BSE after regulatory tightening and market centralization. The voluntary delisting process is under active consideration by SEBI; however, it has not yet processed the application or issued a final exit order, leaving a narrow window to potentially reverse the closure if UnionGov and WBGov intervene.
And it seems like the union has been put in its place faster than anyone even expected! Wonderful job I must say by the government.
https://t.co/XWBAwoErgF
@Deepbaat@TheBengalIndex@_CTUA_ Also it will be great if they plan tram services from Infosys Hatishala campus/Shapoorji till Biswa Bangla gate. Then it can work as a feeder service for Orange Line metro in Newtown