Tag: Vikram Limaye

  • NSE celebrates its 25th anniversary by launching ‘Prosperity Day’

    NSE celebrates its 25th anniversary by launching ‘Prosperity Day’

    MUMBAI: Celebrating 25 years in existence, National Stock Exchange of India (NSE), India’s leading stock exchange has initiated  ‘Prosperity Day’ to celebrate the successes of the trading community and initiate a dialogue with prospective investors. NSE has also revamped their logo to symbolise the marigold flower and signify prosperity for all. To commemorate the occasion, CNBC-TV18, India’s leading business news channel shall have an informative segment on financial prosperity addressed by Manisha Gupta, Editor – Commodities & Currencies, CNBC-TV18 on the 25th every month up to March 2019.

    The new identity of the brand was envisioned keeping in mind its multidimensional nature. As enablers of growth and prosperity, the logo is a modern representation of a blooming marigold, while the multiple colours seen reflect the multi-faceted nature of the business. Since its inception, NSE has played a key role in connecting India with itself and integrating the nation with other world markets, to the point where today it is the country’s biggest stock exchange and one of the largest exchanges globally. It continues to propel development while always placing purpose before profit and including more people in the nation’s growth story. The NSE has also been instrumental in reshaping the financial landscape of the country by helping Indians invest in the stock market thereby also aiding entrepreneurs raise capital. As NSE celebrates its Silver Jubilee, they step into a new era and the focus of their initiative powered with CNBC-TV18 is now on holistic prosperity for all.

    Speaking about the initiative, Vikram Limaye, MD & CEO, NSE said, “As we celebrate 25 years of NSE, we found it imperative to focus on holistic prosperity for all, not just our stakeholders but the economy at large. With CNBC-TV18 on board, we hope to reach out to a larger set of audience and achieve the goals that we have set for ourselves.”

    Manisha Gupta, Editor – Commodities & Currencies, CNBC-TV18 commented, “As a brand, CNBC-TV18 has always worked towards empowering our viewers with knowledge and information on diverse spheres be it on topics related to the corporate world, financial markets or investments and other various industry verticals. We look forward to working with NSE on their new initiative and improve the financial literacy of the nation and help them make informed and responsible financial decisions.”

    As a constant factor in the prosperous/prosperity narrative of the nation and its citizens, NSE is committed to helping India achieve its calling – to become one of the world’s largest economy and aims to facilitate the transition of India from its $2.5 trillion economy to that of $5 trillion.

  • BCCI gets new ICC financial model discussion postponed

    BCCI gets new ICC financial model discussion postponed

    MUMBAI: At the ICC Board meeting today in Dubai on Friday, there was an agenda item for discussion on a proposed new financial model and governance structure of the ICC.

    The BCCI representative, Vikram Limaye, expressed his concern over both the documents especially in light of the insufficient time available to the (India’s) Supreme Court-appointed committee of administrators to take an informed view on the said proposal, and also there being no scientific basis behind the percentage distribution allocation that was being proposed other than “good faith and equity”.

    Limaye requested that both proposals be taken up at the next ICC board meeting in April 2017.

    The ICC Chairman requested each member to vote for / against these proposals being base documents, to be taken up for final approval in April 2017, it being understood that members could suggest changes to these documents between now and and the next board meeting.

    Limaye reiterated that BCCI cannot consider these as the official base documents as the Committee of Administrators, appointed by the Supreme Court of India, was formed only four days ago and voted against the proposals.

    However, the board based on the voting of members approved the proposals, for final consideration in April 2017.

    Also Read:

    Former CAG Vinod Rai to head BCCI

    Lodha inspires clean-up across Indian sports

  • BCCI gets new ICC financial model discussion postponed

    BCCI gets new ICC financial model discussion postponed

    MUMBAI: At the ICC Board meeting today in Dubai on Friday, there was an agenda item for discussion on a proposed new financial model and governance structure of the ICC.

    The BCCI representative, Vikram Limaye, expressed his concern over both the documents especially in light of the insufficient time available to the (India’s) Supreme Court-appointed committee of administrators to take an informed view on the said proposal, and also there being no scientific basis behind the percentage distribution allocation that was being proposed other than “good faith and equity”.

    Limaye requested that both proposals be taken up at the next ICC board meeting in April 2017.

    The ICC Chairman requested each member to vote for / against these proposals being base documents, to be taken up for final approval in April 2017, it being understood that members could suggest changes to these documents between now and and the next board meeting.

    Limaye reiterated that BCCI cannot consider these as the official base documents as the Committee of Administrators, appointed by the Supreme Court of India, was formed only four days ago and voted against the proposals.

    However, the board based on the voting of members approved the proposals, for final consideration in April 2017.

    Also Read:

    Former CAG Vinod Rai to head BCCI

    Lodha inspires clean-up across Indian sports