The BJP government proposes the revival of Calcutta Stock Exchange to challenge Mumbai's market monopoly, requiring SEBI approval.

The entities involved

• Bharatiya Janata Party →

  right-wing political party in India

  • Gyanesh Kumar serves as the Chief Election Commissioner while the ECI handles elections in Karnataka, facing allegations of being a puppet for the ruling party.Mon 17:56
  • BJP governments enacted anti-religious conversion laws and used 'love jihad' rhetoric to deepen anxieties.Mon 15:05
• Securities and Exchange Board of India →

  registration authority

  • SEBI Board met in Mumbai to clear reforms on June 19, 2026.Mon 16:52
  • SEBI initiated an investigation into the financial reporting of Rajesh Exports, which utilized a Switzerland-based subsidiary.Mon 16:02
• Mumbai →

  capital city in Maharashtra, India

  • Ranbir Kapoor is entering the Fast-Moving Consumer Goods (FMCG) sector in India.Mon 15:51
  • A Singapore-based wholly owned subsidiary, incorporated in India, acquired additional equity shares in Ticker Limited.Mon 14:02

Related events

• SEBI introduced stringent rules in India regarding the operation of the stock exchange.Sep 11
• SEBI is revamping the rules and framework for Portfolio Management Services (PMS).Sep 23
• SEBI was directed to obtain information from the Bombay Stock Exchange, and the Bombay High Court reviewed SEBI's challenge to CIC orders.Aug 25
• The Securities and Exchange Board of India regulates stock market operations in India and utilizes platforms like Groww for market communication.Jul 28
• RBI granted approval for major shareholding changes concerning CSB Bank, which must comply with SEBI market rules.Sep 9