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SEBI conditionally approves new head of NSE bourse

The Securities and Exchange Board of India (SEBI) on Friday approved the appointment of Vikram Limaye, head of infrastructure lender IDFC Ltd, as the next managing director and chief executive of National Stock Exchange (NSE), subject to his resignation from a cricket committee. The conditional approval from SEBI, announced by the NSE on Friday, comes four months after the country's largest bourse nominated Limaye for the post, an unusually long time. "SEBI has approved the appointment of Mr. Vikram Limaye as the MD and CEO of the National Stock Exchange of India Ltd, subject interalia to his being relieved from his BCCI (Board of Control for Cricket in India) assignment," NSE said in a statement. Free Trials for two days in Financial Market click here to subscribe us >> http://www.ripplesadvisory.com/nifty-future-.php

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