NSE IPO (India): India’s National Stock Exchange has filed its DRHP with SEBI for an estimated ₹30,000-crore IPO, structured entirely as an offer for sale (OFS) of up to 148.9 million shares—no fresh capital to the exchange. The listing could become India’s biggest-ever public issue after years of delays, with pricing likely set after roadshows and the exchange valued around ₹5 trillion based on unlisted-market levels. Major sellers & Mauritius link: State Bank of India is set to be the largest seller, while offshore vehicles including MS Strategic (Mauritius) and Aranda Investments (Mauritius) are also among key selling shareholders, pointing to large potential gains for institutional investors. Legal overhang: The DRHP also details the long-running colocation case and proposed settlement terms, alongside concentration risks from top trading members. Trade context (India): Separate coverage notes India’s exports are growing strongly, but low FTA utilisation and a widening trade deficit remain bottlenecks. Regional business angle (Africa): A piece on regulatory whiplash argues that policy uncertainty—not tax rates—often drives investor risk across African markets. Crypto regulation (Zimbabwe): Zimbabwe has introduced a dedicated crypto framework requiring virtual asset service providers to register with the FIU and meet AML/CFT obligations. Travel & connectivity (Mauritius-relevant): TUI plans direct winter flights from London Gatwick to Zanzibar, positioning it as a more affordable alternative to Indian Ocean favourites like Mauritius.