November 29, 2012

Press Release No. 1

NSE joins hands with GIPE for Post Graduate Executive Diploma in Financial Markets

The financial sector is expected to play a major role as a catalyst in the economic development of India. The sector is expected to create more than one crore jobs, before the end of this decade and NSE is keen to ensure that the needs of the sector are met through a supply of highly skilled professionals. With this in mind, NSE has collaborated with the Gokhale Institute of Politics & Economics (GIPE), a deemed university at Pune, to start a one year, part-time, Post Graduate Executive Diploma Course in Financial markets (PGED-FM) for working professionals.

The minimum requirement to join the post graduate program is a graduation degree, with a minimum of 50% marks and at least two years of work experience. The course is proposed to commence from the end of January 2013.

Classes and practical training for the one year Executive course, will be held both in Mumbai and Pune over the weekends, although the institute functions from Pune. Faculty will be provided by both the organizations. NSE and the Gokhale institute will also facilitate the process of job placements for candidates, who study this course.

The Diploma for the one year Post Graduate Programme, will be awarded by the GIPE, in collaboration with NSE.

Joint MD of the National Stock Exchange, Chitra Ramkrishna said, “As part of practical training for this course, NSE is providing market simulation software, which has been specially designed by the exchange. It will help in training professionals, to trade on the same tools that are used widely by the market community. We are confident that this experience will greatly enhance skills and help executives to grow in the Financial sector.”

The Executive course will be a combination of class room lectures and training to trade on the simulated software called NSE Learn to Trade or NLT. This course will help professionals to gain expertise in investment and trading skills. Apart from upgrading their acumen, to use the latest market technology, this training, will make them more eligible for job opportunities in investment banks, research firms, mutual funds, brokerages, and knowledge process outsourcing (KPO) centres. The course will cover varied topics such as cash market and derivatives, corporate finance, commodities markets, banking, financial regulations, mutual funds, wealth management, fundamental and technical analysis. The programme also includes a visit to an international exchange and a trip to an international financial centre for global exposure.

Apart from imparting skills in the latest market software, the professionals will also be taught on prominent software used for fundamental and technical analysis.

Detailed frequently asked questions (FAQs) and all other relevant details on the procedure to apply are available on the following websites, www.nseindia.com under the link, Education, and www.gipe.ac.in

The partnership with the Gokhale institute comes after a series of tie ups with prominent Universities and institutions in India to run Executive and full time BBA and MBA courses in financial markets.

Press Release No. 2

News about Tata Teleservices (Maharashtra) Limited

The media had reports that Telenor is in talks with Tata Teleservices (Maharashtra) Limited's promoter Tata Teleservices Limited for merger of its India unit.

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.

Tata Teleservices (Maharashtra) Limited has vide its letter inter-alia stated, "We would like to state that the report relates to Tata Teleservices Limited, which is the Promoter of the Company and we are not aware of discussions as mentioned in the press reports".

Press Release No. 3

Clarification by Videocon Industries Limited

Substantial increase in trading volumes has been observed in Videocon Industries 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.

Videocon Industries Limited has vide its letter inter-alia stated, "There is no information pending to be intimated to the Exchanges, which in our opinion, may have bearing on the price/ volume of the scrip".

Press Release No. 4

News about Strides Arcolab Limited

The media had reports that Strides Arcolab Limited will sell its injectible unit.

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.

Strides Arcolab Limited has vide its letter inter-alia stated, "We wish to clarify that no material event requiring intimation to Stock Exchanges as per clause 36 of the Listing Agreement has occurred".