NSE seeks government intervention in IPO standoff with Sebi: Report

The National Stock Exchange (NSE) is appealing to India's finance ministry to intervene in its long-delayed IPO process, stalled since 2016 due to regulatory hurdles. NSE is facing a standoff with SEBI over governance concerns and pending legal cases. The exchange questions SEBI's neutrality, citing decisions impacting its business interests, while seeking a 'no objection certificate' for its IPO.