India's BSE launches landmark IPO

Asia’s oldest exchange moves ahead with its listing plan, a move seen as crucial as India creates a developed equities market. NSE could be next.

India's BSE launches landmark IPO

Bombay Stock Exchange launches its initial public offering on Monday, a big step forward in India's plan to list its two major stock exchanges and become a mature equities market.

Officially known as BSE, Bombay Stock Exchange comes to the market ahead of its bigger peer National Stock Exchange of India NSE, which filed a listing application last month and is slated for a public offering later this year.

India...

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