India's NSE appoints Rothschild as independent advisor for IPO
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The National Stock Exchange of India has appointed Rothschild & Co as an independent advisor for its upcoming IPO. Rothschild will assist in selecting lead bankers, legal counsels, and other intermediaries, ensuring information parity and stakeholder communication. The NSE's board recently approved an offer-for-sale by existing shareholders and formed a committee to oversee the listing process. Additionally, Walker Chandiok & Co has been appointed as the new auditor, replacing Price Waterhouse & Co.
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