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The oil giant also says it is suspending its share buyback programme ahead of the arrival of its new boss.
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The results have been welcomed by climate and clean energy groups but could face opposition from local communities.
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BSE's Managing Director and CEO Sundararaman Ramamurthy states the exchange prioritizes long-term market growth over derivatives market share. Recent tax changes may encourage longer-term equity investments. Ramamurthy believes the exchange is still in its early growth phase, with significant potential for foreign investor participation. He anticipates market microstructure adjustments due to these developments.
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