ITV

Tag: NSDL

  • Vijay Chandok takes over NSDL chairman & managing director

    Vijay Chandok takes over NSDL chairman & managing director

    MUMBAI: His appointment was cleared by the Securities Exchange Board of India  (Sebi) in end August  when he was MD & CEO of ICICI Securities.  The National Securities Depository Ltd (NSDL), however,  announced on 29 November  that financial market veteran Vijay Chandok has joined the organisation as MD & CEO.

    Chandok’s  appointment is set for five years or until he turns 65, earlier reports had suggested. These  had also suggested that Chandok would join at a time when NSDL was looking at unlocking value through an initial public offering. But today, the depositories body said that he “set to lead the organisation through a transformative phase, focusing on enhancing market operations and ensuring secure, efficient, and innovative solutions for stakeholders.”

    Chandok has  a master’s in management studies from NMIMs and an engineering degree from ITT Bubaneshwar.

     

  • CNBC introduces ‘Pehla Kadam’ for new investors

    MUMBAI: CNBC Awaaz in association with NSDL and NSE has launched Pehla Kadam, an education initiative for Indian investors keen to invest in the stock market.

    The investor education initiative has been divided into three aspects which include a learner’s kit for investors, a website on Pehla Kadam and a weekly show on CNBC Awaaz.

    The finance minister P. Chidambaram has unveiled the learner’s kit which will be handed over to every new investor who opens a demat account across the country. The kit contains a guide which answers every query related to investment basics along with insights and information.

    The Pehla Kadam website will help Indians to unlock all their queries on investment, while the show on CNBC Awaaz will feature experts from the industry. These experts will simplify investment and educate the first time investor with necessary information about the stock market. The initiative has been sponsored by Reliance Money.

    TV18 group CEO Haresh Chawla said, “With CNBC Awaaz’s initiatives for our investors, we now have 60 per cent of the market share in the Hindi business news genre. Through our ‘Pehla Kadam’ initiative, we intend to reach prospective investors across India, who are reluctant about investing in stock markets largely due to lack of knowledge and understanding of the market and fear of risk. As a consumer focused channel, we have taken this initiative to empowering our viewers with information which will help them make intelligent and informed decisions.”