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BSE Partners with ICSI for knowledge dissemination and training

September 12th, 2007

BSE (Bombay Stock Exchange) and ICSI (The  Institute  of  Company  Secretaries  of India)

today signed an MoU for disseminating knowledge through training programmes. The MoU leads to a mutually beneficial relationship, enabling BSE to offer a wider range of programmes and investor awareness seminars for its stakeholders.

Bombay Stock Exchange (BSE) has always been at the forefront of knowledge development and management. It has created a unique position for itself among the stock exchanges in the world through its exclusive training centre  - BSE Training Institute (BTI) - a leading facility in financial and securities market training in India.

Commenting on this development, Mr. Rajnikant Patel, MD & CEO, Bombay Stock Exchange Ltd, said, “The objective of this MoU is to promote excellence in professional and legal education. Since both BSE and ICSI are leaders in their respective domains, it is only apt that they come together for exchange of resources. BSE offers exclusive training, thus enabling the financial market participants and intermediaries to keep abreast of latest developments in a rapidly evolving economic environment. This agreement is one more step towards capacity building and knowledge enhancement.”

According to Ms. Preeti Malhotra, President, ICSI, “ICSI and BSE will create NextGen capital and financial market professionals by virtue of the MoU being signed today. This collaboration would provide the right platform to Company Secretaries to further build their skills to meet the challenges of the globalised and transforming capital markets.

About Bombay Stock Exchange: BSE is the oldest stock exchange in Asia. It was established in 1875 as “The Native Share & Stock Brokers Association.” BSE reaches out to more than 400 cities and towns in India. It has 4,800 listed companies on the board, with over 7,500 scrips being traded. The companies listed on BSE command a total market capitalisation of Rs 39, 96,859 crore (USD 975 billion). BSE offers trading in the equity (cash and derivatives) and debt (corporate and government securities) segments. For further information please visit www.bseindia.com.

About BSE Training Institute: BTI currently offers 36 courses with 183 programmes, which are attended by over 6,500 participants annually. International participation includes representation from regions such as South Asia, Central Asia, Eastern Europe, Middle East and Africa. BTI endeavours to be a leader for knowledge management in the South Asian region, catering to requirements of a rapidly growing financial sector. BTI also conducts various customised programmes for leading corporate and financial institutions.

About The Institute of Company Secretaries of India: ICSI a premier national body established to develop and regulate the profession of Company Secretaries was established under an Act of the Parliament- The Company Secretaries Act, 1980.  With 4 regional councils, 45 chapters and 25 satellite chapters all over India, the Institute aims to inter alia organize professional development programmes, continuing education and participative certificate programmes, international/ national/ regional conventions and conferences. The Institute also undertakes research in law, management and finance disciplines to aid in the development of professionals at large and provide expert advisory opinion to them on intricate issues.

ICSI-Centre for Corporate Research & Training-the research and training arm of the ICSI has over the years achieved the status of a nationally recognized centre providing learning experience with excellence through Academic Development Programmes. Established in May 1999 with the primary mission to act as a catalyst organization in the professional development of the Indian Corporate Sector, its serves as a Centre of Corporate Excellence by harnessing all available resources, national and international, and promote original and contemporary applied research, higher learning and conduct training programmes (residential and non-residential) in various streams of corporate sector.

For further clarification/information please contact:
Vaibhavi Kulkarni
Corporate Affairs Department
Bombay Stock Exchange Ltd.

Entry Filed under: Equity Markets, BSE