THE NSE PRIME

On 21st December the NATIONAL STOCK EXCHANGE(NSE) launched the NSE prime, a framework that prescribes higher standards of corporate governance for listed Companies than those required by regulations. Improved corporate governance standards, greater transparency and better disclosures will help Companies build stronger and sustainable businesses that can stand the test of time. This will not only help companies and investors but also accelerate market development at large.

Now companies have to comply with pre defined norms on an ongoing basis, which will be continuously monitored by NSE. business entities to follow standards which are set at a higher level than regulations do. It is one of the best investments that businesses can make, as it lowers the cost of capital and makes business more competitive. Recognising such entities which set higher standards for themselves enables the overall improvement in the business environment.

Many known personalities of the commercial sector also delivered keynote addresses for the event. Shri Uday Kotak, MD & CEO Kotak Mahindra Bank, and Shri T.V. Mohandas Pai, Chairman, Aarin Capital Partners were some of the eminent participants