Saturday, May 9, 2009

BSE's new CEO's name to be disclosed on Monday

Bombay Stock ExchangeMUMBAI: The name of the new CEO of the Bombay Stock Exchange will be declared on Monday.
It is to be mentioned here that the Board of the Bombay Stock Exchange is going to appoint a new CEO for the exchange. The Board met on Saturday to discuss about the post. BSE's Chairman Mr Jagdish Capoor said that the board would declared the name of the new CEO on Monday. He was speaking to the reporters after the Board Meeting.
The Bombay/Mumbai Stock Exchange Limited has the greatest number of listed companies in the world, with 4700 listed as of August 2007.

On 31 December 2007, the equity market capitalization of the companies listed on the BSE was US$ 1.79 trillion, making it the largest stock exchange in South Asia and the 12th largest in the world. Around 6,000 Indian companies list on the stock exchange,[3] and it has a significant trading volume. Though many other exchanges exist, BSE and the National Stock Exchange of India account for most of the trading in shares in India.

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