CSE may enlist on other bourses

The Calcutta Stock Exchange (CSE) may decide to get listed on other bourses in the next two to three years as capital market regulator SEBI has already come out with new rules to allow stock exchanges to list on any recognised stock exchange. SEBI said in April this year that 51 per cent stake of bourses could be held public, clearing the decks for listing stock exchanges other than itself and its associated stock exchanges, within three years of commencing operations, subject to certain criteria. “It is a decision that the board of directors will eventually take. We are not averse to that,” CSE managing director and chief executive officer B.M. Reddy told reporters. From gulftoday