117-year-old bourse Calcutta Stock Exchange eyeing a revival under new Bengal govt

The West Bengal government is exploring ways to revive the 117-year-old Calcutta Stock Exchange, which has been non-operational since 2013 after Sebi suspended its trading licence for failing to meet regulatory norms. Officials are considering a different business model rather than direct equity trading competition with NSE and BSE, which together dominate Indian markets. Any revival would require clearing pending litigation at the Calcutta High Court and satisfying Sebi's exit framework conditions.