United Stock Exchange – Derivatives Exchange of India

• Author: Lalitha
• Filed under: BseIndia, Business, Derivatives Markets, order news
• Date: Apr 18,2010

United Stock Exchange, India’s newest stock exchange, marks the beginning of a new chapter in the development of Indian financial markets.In collaboration with BSE as a strategic partner opened the Newest Derivatives exchange of India.

USE represents the commitment of ALL 21 Indian public sector banks, respected private banks and corporate houses to build an institution that is on its way to becoming an enduring symbol of India’s modern financial markets.
USE also boasts of Bombay Stock Exchange, as a strategic partner. As Asia’s oldest stock exchange, BSE lends decades of unparalleled expertise in exchange technology, clearing & settlement, regulatory structure and governance. Leveraging the collective experience of its founding partners, USE has developed a trustworthy and state of the art exchange platform that provides a truly world class trading experience.In the years to come, USE aims to become India’s most preferred stock exchange, providing a range of sophisticated financial instruments for diverse market participants to trade on and manage their risks efficiently.
Know more about United Stock Exchange from here.

SBI and State Bank of indore Swap Ratio

• Author: Subramanian
• Filed under: Bank, Business, india
• Date: Nov 3,2009

State Bank of India has informed the market that they have decided on the Stock Swap ratio for SBI takeover of State bank of Indore . For every 100 shares held in its smallest subsidiary State Bank of Indore , the shareholder will get 34 shares of the SBI.This was after they decide on October 31st that SBI will acquire State Bank of Indore on stock Swap Ratio.

Nifty near day's low; Suzlon, Tata Motors, DLF drag – Economic Times

• Author: Lalitha
• Filed under: Business, Market Live, india
• Date: Jun 30,2009