The New York Stock Exchange today moved to increase its chance of attracting listings from India, taking a 5% in the country's National Stock Exchange, as rules on its home turf threatened to eat into its business amid delays to a technology system designed to increase its competitiveness.
NYSE, Goldman Sachs, private equity firm General Atlantic and SoftBank Asian Infrastructure Fund have each bought a 5% stake in the NSE in a deal valued at $460m (€354m).