August 05, 2015
Press Release No. 1
NSE
and NSI (Dept of Economic Affairs, MOF) join hands to
train primary distributors of NSS
India’s leading
stock exchange, National Stock Exchange of India Limited (NSE) is partnering
with National Savings Institute (NSI), Department of Economic Affairs, Ministry
of Finance, Government of India for conducting
Awareness Programs for the Agents affiliated to NSI. The primary
distributors of the National Savings Schemes who operate through Post Offices
and select banks across the nation will get lessons in the financial domain and
savings concepts. The initiative is expected to help them to take additional
financial markets’ products like Exchange Traded Funds (ETF) to the masses.
Today, about 100
distributors from 2 GPOs and 10 Head Post Offices in Delhi participated in the
program. The objective of the awareness programme would be to: (i) Create
awareness of financial planning and savings concepts, specifically
government savings; (ii) Create awareness of capital market products among
agents and thereby assisting in spreading knowledge to their clients;
(iii) Explore opportunities to empanel agents for promoting suitable retail
savings products; (iv) Contribute to the overall well-being of the
economy through increased participation in the financial markets and
savings products.
The first set of
programs is expected to be over in the next 6 months. Ms
Chitra Ramkrishna, MD & CEO, NSE said that “In our endeavour
to ensure financial inclusions, such initiatives will help to create awareness
about exchange traded products and their utilities. This, in turn, is expected
to unlock savings for productive use of the nation.” Besides, programs with
NSI, the Exchange intends to organise more than 1000
awareness programs across India in the current financial year. Mr Deepak Verma, Joint Director,
NSI, said, “NSI is partnering NSE to enlarge the prospects of financial
inclusion. Such training programs will help to enhance the skills and product
offerings of numerous primary distributers who are present across India”. NSI
is connected to around 1.54 lakh Post Offices and 25000 of selected bank
branches in the country.
Post training the
primary distributers can enrol as Authorised
Persons – for offering products like ETFs to their clients. They can also
act as an ARN Holder for offering NSE’s NMF II (Online Mutual Fund) platform to
retail clients. All such researched products will give them a wider bouquet
which they can in turn offer to their clients.
RSVP:
Corporate
Communications
NSE,
Mumbai, India
+91
– 022 – 2659 8164
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+91 – 022 – 2659
8164
Press Release No. 2
News
about Nestle India Limited
The media had reports that
“FSSAI lab gives Maggi clean chit”.
The Exchange, in order to
verify the accuracy or otherwise of the information reported in the media and
to inform the market place so that the interest of the investors is
safeguarded, had written to the company.
Nestle India Limited has
vide its letter inter-alia stated “Our information on the subject is only
through media reports. As per the media reports, FSSAI approved laboratory of
Central Food Technological Research Institute (CFTRI) has found Maggi Noodles
in compliance with food safety standards on a testing of five samples sent by
Goa Food and Drug Administration. We do not have any further information on
this except what is reported in media.
In case of receipt of any information, we shall revert. We are not aware of any information that has
not been announced to the stock exchange, which would explain the aforesaid
movement in trading”.
Press Release No. 3
Clarification
by Century Extrusions Limited
Significant increase in
price has been observed in Century Extrusions Limited.
The Exchange, in order to
ensure that investors have latest relevant information about the company and to
inform the market place so that the interest of the investors is safeguarded,
had written to the company.
Century
Extrusions Limited has vide its letter inter-alia stated “The Company is
working under normal conditions and there is nothing specific/ non specific information/ announcement including any
pending announcement with the company”.