Bombay Stock Exchange MD and CEO Ashishkumar Chauhan today emphasised the importance of supporting SMEs and startups despite risk in raising funds for them as some have the potential of becoming giant firms like Infosys and Reliance Industries.
BSE will delist as many as 222 companies as trading in their shares has remained suspended for over six months.
BSE reported three per cent rise in net profit to Rs 62.08 crore in January-March quarter of 2017-18.
BSE has revised the circuit limit for the shares of five companies to curb excessive volatility in their prices.
"We should have reformed the banking sector in 1992. This (Nirav Modi scam) would not have taken place if we had carried out the reforms then," Chauhan told reporters.
“DGCX is working very closely with the Bombay Stock Exchange (BSE) as well as India International Exchange (INX) to explore alternative offerings," it said.
If declared an official tourist destination, that will mark yet another historic milestone for the nation's oldest bourse.
Abu Salem, 50, was spared the death penalty and sentenced to 25 years imprisonment by Special TADA court for his role in the March 1993 Mumbai serial.
Full-fledged trading resumed on the National Stock Exchange of India during the mid-afternoon session after a technical glitch.
The US Federal Reserve raised its benchmark interest rates for the third time since December and unveiled plans to start trimming its balance sheet.