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118-year-old Calcutta Stock Exchange plans comeback with new trading platform
The Calcutta Stock Exchange plans a revival with new technology and government support. It will withdraw its voluntary exit application filed with Sebi last year. The exchange possesses sufficient capital for trading operations and has a net worth over ₹300 crore. This initiative aims to create new job opportunities and restore Kolkata's financial hub status. The revival's success hinges on its commercial viability for local brokers.
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economictimes.indiatimes.com
Timeline cronologica
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118-year-old Calcutta Stock Exchange plans comeback with new trading platform
The Calcutta Stock Exchange plans a revival with new technology and government support. It will withdraw its voluntary exit application filed with Sebi last year. The exchange…
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Calcutta Stock Exchange seeks to put exit application on hold
The Calcutta Stock Exchange requested Sebi to withhold its exit application. This action follows the West Bengal government's support for reviving the exchange. The exchange plans…