Co-location case: NSE to challenge Sebi`s Rs 1,000 crore penalty in SAT
(WorldNews Business)

Largest stock bourse NSE said it will soon move the Securities Appellate Tribunal against Sebi rulings in the co-location case as there are `strong grounds` to challenge the orders. In April, Sebi directed the exchange to disgorge profits worth over Rs 1,000 crore and imposed a six-month ban...