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NSE offers Rs 1,400 crore to SEBI to settle co-location and dark fibre cases
National Stock Exchange has offered ₹1,388 crore to SEBI for settling co-location and dark fibre cases. This move could clear the path for NSE's initial public offering. The co-location case involved preferential access to NSE's servers for some brokers. The dark fibre case concerned unauthorized installation of fibre optic lines. SEBI is yet to approve the settlement.
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