Is NSE’s valuation premium to global peers justified, or is it a pricey affair?

At ₹1,785, NSE is valued at 42.9x earnings, above most global peers but below BSE and MCX. Analysts cite its market leadership, deep liquidity, network effects and India’s structural market growth as factors supporting the premium.

Tata Trusts Chairman Noel Tata has opposed the reappointment of N Chandrasekaran at Tata Sons, saying the move runs counter to Chandrasekaran’s own decision to step down and the Trusts’ acceptance of it.

“That was his own decision. It was freely taken and clearly expressed,” Noel Tata said in the statement. He added that the decision was not sought by the board and was not the result of a board review.

Adidas has laid off nearly half of its Gurugram Tech Hub workforce--around 350 employees--as part of a global technology restructuring.

NSE MD & CEO Ashishkumar Chauhan spoke exclusively to Mint Editor Prashant V. Singh on the much-awaited NSE IPO.

The Finance Ministry on Thursday (September 17) rejected allegations that US pressure influenced the decision to introduce a 0.4% Merchant Discount Rate (MDR) on select UPI transactions, saying the latest NPCI guidelines do not provide any advantage to international credit cards over RuPay on the UPI platform.