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of <h1>SEBI Renews Recognition of Inter-connected Stock Exchange of India for One Year Under Securities Contracts Act, 1956.</h1> The Securities and Exchange Board of India (SEBI) has renewed the recognition of Inter-connected Stock Exchange of India Limited, based in Navi Mumbai, for one year, from November 18, 2009, to November 17, 2010. This decision was made under the Securities Contracts (Regulation) Act, 1956, following an application by the Exchange. The renewal is granted in the interest of trade and public interest, subject to the condition that the Exchange complies with all regulatory requirements set by SEBI before commencing trading in securities.
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