If approved, the Nasdaq plan could have far-reaching effects on competition, pricing and complexity in options and stock markets.
Nasdaq Stock Market Incorporated has entered into a definitive agreement to acquire shareholder.com, a privately-held Massachusetts-based firm specialising in shareholder communications
June 14, celebrated five years of Rediff.com as a Nasdaq listed company.
Along with India's Consul General Dnyaneshwar Mulay.
The Kal Ho Naa Ho star is only the third Indian actor to ring the bell, with Shah Rukh Khan and Kajol being the first two.
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.
India's Independence Day has been marked annually at Nasdaq for several years.
Popular social networking site Facebook, which will soon launch its initial public offering, has zeroed in on the Nasdaq Stock Exchange to list its shares.
As Dayal rang the opening bell at 9:30 am, billboards across Times Square displayed images of the tricolour.
Oxley is also the co-author of Sarbanes-Oxley Act which outlines regulation of financial practice and corporate governance for publicly-listed firms in the US. Meanwhile, Nasdaq Managing Director (Asia Pacific) Ghanshyam Dass said Indian companies across all sectors are looking for possible listing. While Infosys and Sify were listed on Nasdaq in 1999, Rediff got into the exchange in 2000.
The National Stock Exchange listed the Dow Jones Industrial and S&P 500 on its platform last week.
The Nasdaq 100 index comprises the largest non-financial stocks on the exchange. In November 2006, Infosys went in for issue of $1.65 billion American Depository Receipts.
And even as India readies to celebrate the Festival of Lights on October 21, the Nasdaq Stock Market too has joined in the festivities.
Indian companies fare poorly compared to their Chinese counterparts in listing their stocks on the Nasdaq stock exchange in the United States.
World number one Justine Henin-Hardenne will not play in next week's $3 million NASDAQ-100 Open, preferring instead to hone her claycourt game.
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.
Ajit Balakrishnan, chief executive officer & chairman, rediff.com, will ring the opening bell at the Nasdaq Stock Market on Monday, October 9, 2006.
The shutdown was the longest in recent memory, and prompted US Securities and Exchange Commission Chair Mary Jo White to call for a meeting of Wall Street leaders to help insure the 'continuous and orderly' functioning of securities markets.
Facebook has a market capitalisation of around $29.7 billion and when the company went public its market value was about $104 billion.
Nasdaq-listed IT services company Cognizant has reported a 5.8 per cent year-on-year decline in consolidated net profit for the March quarter to $546 million. The company in a release said its revenue guidance for the full year 2024 is "unchanged" in the band of 2 per cent decline to a 2 per cent growth in constant currency.
Indian IT firm Cognizant Technologies Corporation started trading at the Nasdaq exchange in New York on March 5.
June 14, celebrated five years of Rediff.com as a Nasdaq listed company.
Earlier in 2012, the Gurgaon-based firm with 5,000 employees and top line revenue of close to $100 million, had put on hold plans for a Nasdaq listing citing market conditions.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
While the systems in place at leading Indian bourses are considered to be very robust and can withstand any possible technical glitches, it is advisable to conduct a precautionary check after an unprecedented three-hour trading halt at a large exchange like Nasdaq, a senior Sebi official said.
National Association of Software and Services Companies has signed a pact with Nasdaq, electronic stock exchange in US, to assist Indian companies to raise capital and get listed in American capital markets.
NASDAQ, the world's largest electronic equities exchange, is looking to acquire equity position in National Stock Exchange of India Limited.
Capital markets are becoming more prominent in India's growth story, with an expanding share in capital formation and investment landscape on the back of technology, innovation and digitisation, according to the Economic Survey 2023-24 tabled in Parliament on Monday. Further, Indian markets are resilient to global geo-political and economic shocks, it added. "Despite heightened geo-political risks, rising interest rates and volatile commodity prices, Indian capital markets have been one of the best performing among emerging markets in FY24," the Economic Survey said.
'Investing abroad helps mitigate currency risk for foreign-currency denominated goals, such as children's higher education and international travel.'
IT major Infosys Technologies Ltd became the first Indian company to remotely ring the opening bell of Nasdaq from its Mysore campus on Monday.
Mumbai-based Weizmann, part of a diversified group, will take to court its former partner Western Union Holdings, the American money-transfer giant, alleging that the United States-based company has imitated its trademark and logo. This, its lawyers say, constitutes a case of infringement and dilution of its intellectual-property rights.