Ajit Balakrishnan, chief executive officer & chairman, rediff.com, will ring the opening bell at the Nasdaq Stock Market on Monday, October 9, 2006.
And even as India readies to celebrate the Festival of Lights on October 21, the Nasdaq Stock Market too has joined in the festivities.
Financier Bernard Madoff has pleaded guilty to all 11 charges in one of the largest swindles in Wall Street history. He faces as many as 150 years in prison when sentenced.
Software major Infosys Technologies would be included in the coveted NASDAQ-100 index with effect from December 18, the company said in Bangalore on Saturday.
Nasdaq Stock Market Incorporated has entered into a definitive agreement to acquire shareholder.com, a privately-held Massachusetts-based firm specialising in shareholder communications
In another development, Carlyle Group of the District said it was selling a 7.5 per cent share of its general ownership to an investment group owned by the government of Abu Dhabi, which like Dubai is part of the oil-rich United Arab Emirates.
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Infosys Technologies' third sponsored ADS offering has been oversubscribed 3.4 times on a global scale. Infosys has priced the offer at $53.50 taking the total value of the offer to $1.6 billion.
Noida-based BPO firm, EXL Service is likely to list its shares on the Nasdaq Stock Market on October 20 after pricing its public issue of five million shares in the US market later this week.
India could become a dominant foreign presence in US equity markets, Nasdaq Stock Market Inc. executives said on Monday, and the No. 2 US stock market wants to take advantage of that growth.
The 37th India Day Parade organised by the Federation of Indian Associations.
He takes over from Ashutosh Vaidya, who will move into a full-time position as head of Global Delivery for Dell Services.
Deal to bolster firm's position in healthcare IT.
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