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India Regulator: Small Firms Can List On Existing ExchangesMUMBAI -(Dow Jones)- India's capital market regulator Monday allowed small and medium companies to list on existing stock exchanges, eliminating the need to set up a separate platform for these firms. "We want to basically promote smaller entities to come on to this exchange," Securities and Exchange Board of India Chairman C.B. Bhave said at a news conference. The regulator was earlier mulling setting up of a separate exchange for small companies. -By John Satish Kumar; Dow Jones Newswires; +91-22-61456118; john.kumar@ dowjones.com (END) Dow Jones Newswires 11-09-090759ET Copyright (c) 2009 Dow Jones & Company, Inc. |
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