January 13, 2015
Press Release No. 1
NSE & Gujarat
Government signs MOU at the Vibrant Gujarat Summit
Mumbai, January 13, 2015: India’s Leading stock Exchange National Stock Exchange
of India Limited (NSE) and Education Department, Gujarat Government have signed
a memorandum of understanding (MOU) at the ongoing Vibrant Gujarat Global
Investors Summit for introduction of financial literacy course for students of
schools and colleges. It is expected that all Government & Government aided
schools across the state will start the basic financial literacy program at the
earliest. "NSE believes that the
road to the fastest financial inclusion is possible through a continuous
education process. Like in many other states of India, we are sure that this
MOU will play a pivotal role towards understanding the complex financial
markets and its products, in many young minds in Gujarat. We thank the
Government of Gujarat for enabling this", said Ms Chitra Ramkrishna, MD
& CEO, NSE.
Significantly,
the program also envisages use of satellite based teaching methodology across
the state. The signing was done in the presence of the Hon'ble Union Finance
Minister Mr Arun Jaitley, and Mrs Anandi Ben Patel, Hon'ble Chief Minister,
Gujarat, among others The course aims at imparting basic financial knowledge at
a very early stage so that children grow up to become financially responsible
citizens with a secured financial future, which enhances financial well-being
of people of India. Specific objectives are:
·
To
provide a broad based access to education and knowledge about financial
management.
·
To
help prepare young adults to meet their future financial needs and deal with
unexpected emergencies
·
To
inculcate the habit of long term saving and investing.
·
To
alert young adults of the various risks associated with the financial markets
and precautionary.
During
the signing ceremony, apart from the Hon'ble Finance Minister and the Gujarat
Chief Minister, Mr Arvind Subramanian, Chief Economic Advisor, Government of
India, Mr Hasmukh Adhia, Secretary Department of Financial Services, GOI, Mr
Sourabh Patel, Minister of Finance, Government of ‘Gujarat were also
present.
R.S.V.P
Shreya Biswas Khushal
Devera
NSE Ketchum
Sampark
sbiswas2@nse.co.in khushal.devera@ketchumsampark.com
+91- 9831113010 +91-9819666376
Press Release No. 2
Market-wide Position Limit
in WOCKPHARMA
The
derivative contracts in the underlying WOCKPHARMA have crossed 95% of the
market-wide position limit on January 13, 2015. It is hereby informed that all
clients/ members shall trade in derivative contracts of WOCKPHARMA by
offsetting their existing positions till the open interest comes down to 80% of
the market wide position limit.
Press Release No. 3
Listing
of Equity shares of Fineotex Chemical Limited
The equity shares of the following company shall be
listed and admitted to dealings on the Exchange w.e.f. January 15,
2015. Trading shall be in the Normal Market
segment – Compulsory Demat (Rolling Settlement) for all investors.
Sr. No. |
Symbol |
Name of the Company |
ISIN Code |
1 |
FCL |
Fineotex Chemical Limited |
INE045J01018 |