REGULATORY CHANGES I N T E R N A T I O N A L N E W S - NSE

August 2011
R E G U L A T O R Y C H A N G E S
Initiated by SEBI
⇒Initial trigger threshold for an open offer increased to 25% from the existing 15%.
The threshold of 15% for an open offer had been fixed in an environment where the shareholding pattern in
corporate India was such that it was possible to control listed companies with holdings as low as 15 %, and therefore
the threshold was considered to be a substantial voting power. As a result of recommendations received from the
TRAC committee SEBI has reached to the conclusion that 25% is the level at which promoters would be capable of
exercising control and hence the initial trigger threshold limit is increased to 25% from the existing 15%.
⇒Minimum open offer size increased to 26% of the total issued capital from existing 20%.
Minimum open offer size has been increased from minimum 20% to 26%, which would increase the acquirer's post
offer stake to 51% (25% + 26%) the level at which he would be capable of controlling the company.
⇒Acquirer will not be allowed to pay non-compete fees to the promoters.
There shall be no separate provision for non-compete fees and all shareholders shall be given exit at the same price.
⇒Disclosure of voting results by listed entities.
In order to ensure wider dissemination of information regarding voting patterns which gives a better picture of
how the meetings are conducted and how the different categories of investors have voted on a resolution, top 500
listed entities shall disclose voting results/ patterns on their websites and to the exchanges within 48 hours
from the conclusion of the concerned shareholders' meeting.
⇒Mutual funds distributors to levy transaction charges.
In order to help Mutual Funds penetrate into retail segment in smaller towns, the distributor would be allowed to
charge `100 as transaction charge per subscription. No charge can be made for investments below `10,000.
⇒Rationalization of KYC process in Securities Market.
Initiated by RBI
⇒First Quarter Review of Monetary Policy: 2011-12
On the basis of assessment of the current macroeconomic scenario in First Quarter Review Monetary Policy, RBI has
decided to:
• Increase the repo rate under the liquidity adjustment facility (LAF) by 50 basis points from 7.5 per cent to 8.0
per cent with immediate effect.
Consequent to the above increase in the repo rate, the reverse repo rate under the LAF will stand automatically
adjusted to 7.0 per cent with immediate effect.
I N T E R N A T I O N A L N E W S
⇒Deutsche Boerse shareholders have approved the proposed combination with NYSE Euronext.
⇒Launch of a Corporate Governance Index (CGIX) by Bulgarian Stock Exchange.
⇒CME group and Osaka Securities Exchange announces strategic partnership.
⇒The Taiwan Stock Exchange has launched In-the-money Knock-out warrant.

August 2011
M A R K E T R E V I E W
105.00
100.00
95.00
Performance of select sectors vis-a-vis Nifty
(Rebased to 100 for March 31, 2011)
90.00
Mar-11 Apr-11 May-11 Jun-11 July-11
125
120
115
110
105
100
95
90
Performance of select sectors vis-a-vis Nifty
(Rebased to 100-- March 31, 2011)
85
Mar-11 Apr-11 May-11 Jun-11 Jul-11
Nifty 50 DOW Jones NIKKEI 225 HANG SENG NASDAQ
CNX IT CNX FMCG S&P CNX Finance
S&P CNX Petrohemicals S&P CNX Pharmaceuticals CNX Bank Nifty
CNX Infrastructure
S&P CNX Nifty
Trading Value
4000
3000
2000
1000
Capital Market Segment F&O Segment
200
150
100
50
Avg. Daily Trading Value
Trading Value
36000
30000
24000
18000
12000
6000
0
2500
2000
1500
1000
500
0
Avg. Daily Trading Value
Trading Value
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
May-11
Jun-11
Jul-11
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
May-11
Jun-11
Jul-11
6000
5000
4000
3000
2000
1000
0
Aug-10
Sep-10
Oct-10
Currency F & O
Nov-10
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
May-11
Jun-11
Jul-11
300
250
200
150
100
50
0
Avg. Daily Trading Value
Trading Value
600
500
400
300
200
100
0
Aug-10
Sep-10
Oct-10
Nov-10
WDM Segment
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
May-11
Jun-11
Jul-11
30
25
20
15
10
5
0
Avg. Daily Trading Value
Trading Value ( ` '00 crore)
Avg. Daily Trading Value ( ` '00 crore)
Segments
NSE MARKET STATISTICS
Percentage Average
Change over daily Market
Turnover (` crore) last month turnover Capitalisation
Jun-11 Jul-11 (` crore) (` crore)
CM 222,457 230,003 3.39 10,953 6,462,238
WDM 50,823 46,973 (7.58) 2,237 3,804,757
Equity F&O 2,438,177 2,564,965 5.20 122,141
Currency F&O 442,877 555,282 25.38 26,442
Interest Rate
Futures
36.29 1.73
TOTAL 3,154,334 3,397,258 7.70 161,774 10,266,995
Parameters Rank
Single Stock Futures
Stock Index Options
NSE's GLOBAL RANKINGS
rd
3
nd
rd
Stock Index Futures 3
Source : WFE (Rankings done for the period Jan - June 2011). Rankings
for single stock futures, stock index options and stock index futures is
based on number of contracts traded.
2
Prepared by Economic Policy & Research
National Stock Exchange of India Ltd.
Exchange Plaza, Bandra Kurla Complex, Bandra (E) Mumbai - 400051. Tel No: 022-26598163
For detailed NSE Newsletter or for e-subscription, log on to www.nseindia.com>Press Room>NSE Newsletter.
For Market Data, refer to www.nseindia.com>Research>Datazone.
Disclaimer- The views expressed in the published articles are those of respective authors and do not necessarily reflect views
of NSE. NSE does not guarantee accuracy of data used in Newsletter and accepts no responsibility whatsoever for any
consumption of their use.

NSE
NEWSLETTER
MANAGERIAL PERSONNEL NSE
Aug August 2011 2010
1
NAME DESIGNATION DEPARTMENT TEL. NO. EXTN.
Dr. Vijay L Kelkar Chairman 26598202 7053
Mr. Ravi Narain Managing Director and CEO 26598122 7050
Ms. Chitra Ramkrishna Jt. Managing Director 26598123 7051
Mr. J. Ravichandran Director Finance & Accounts, Legal & Secretarial 26598203 5005
Mr. Ravi Apte Chief Technology Officer 26598316 5004
Mr. R . Nanda Kumar Sr. Vice President National Commodity Clearing Limited, New 26598223 3000
Projects & International Business
Mr. R. Sundararaman Sr. Vice President National Securities Clearing Corporation 26598212 4006
Ltd.
Mr. Ravi Varanasi Sr. Vice President Investigation, Surveillance, Data Analytics, 26598225 5003
RO-Ahmedabad, Inspection & Compliance,
CRM & Marketing
Mr. Yatrik R Vin Sr. Vice President Finance & Accounts 26598213 3008
Mr. Chandrashekar Mukherjee Vice President Human Resource 26598437 3010
Mr. Hari K Vice President Listing & Membership 26598452 5058
Ms. Kamala Vice President Investor Service Cell, Inspection & Compliance
26598220 3006
Mr. Nirmal Mohanty Head Economic Policy & Research 26598372 3007
Mr. Suprabhat Lala Vice President Trade - (Capital Market, F&O, Currency
Derivatives & WDM)
26598154 6026
Mr. Suresh Narayan Vice President India Index Services & Products Ltd. &
DotEx International Limited
26598221 2004
Mr. T Venkat Rao
Vice President & Head Regional Office - Delhi (011) 23344335 127
– Northern Region
Mr. Vidhu Shekhar Vice President New Products & Six Sigma Initiatives 26598209 4007
Mr. Sumit Tyagi Head Sales & Marketing 26598371 3300
Mr Amol Mahajan Asst. Vice President Finance & Accounts 26598139/40 3081
Mr. Arup Mukherjee Asst. Vice President SBU - Education 26598217 3002
Mr. C. N. Upadhyay Asst. Vice President Inspection & Compliance 26598210 5002
Ms. Divya Malik Lahiri Asst. Vice President Corporate Affairs & Communications (011) 23348115 182
Mr. Mahesh Haldipur Asst. Vice President Administration & Premises 26598211 4003
Mr. Mayur Sindhwad Asst. Vice President NOW, Dotex International Ltd. & Web Team 26598312 3102
Mr. Nilesh Tinaikar Asst. Vice President Development 26598445 3093
Ms. Nisha Subhash Asst. Vice President Investigation 26598162 5088
Mr. R Jayakumar Asst. Vice President Secretarial 26598222 5023
Ms. Rana Usman Asst. Vice President NSCCL - Risk Management & Colleterals 26598267 4040
Mr. Ravi Tyagi Officer on Special Duty SME Project 26598435 4002
Ms. Rehana D'Souza Asst. Vice President Membership 26598295 4116
Mr. Ravindra Mohan Bathula Asst. Vice President Legal 26598197 5047
Mr. S R V S Nagendra Kumar Asst. Vice President NSCCL - Securities, Corporate Bonds, F&O, 26598215 4048
MFSS & SLB
1
Mr. Sandip Mehta Asst. Vice President CTCL 26598150 6059

NSE
NEWSLETTER
MANAGERIAL PERSONNEL NSE ( c o n t d . . )
Aug August 2011 2010
2
NAME DESIGNATION DEPARTMENT TEL. NO. EXTN.
Mr. Vitthal More Asst. Vice President New Projects 26598378 5537
Ms. Sunitha Anand Asst. Vice President & Head –
Southern Region
Regional Office - Chennai &
Hyderabad
(044) 28332512 2100
Mr. Achal Jaiswal
Chief Manager & Head - Eastern Regional Office - Kolkata (033)40400444 444
Region
Mr Ajith Kumar V Chief Manager New Projects 26598146 4094
Mr. Amit Bhobe Chief Manager New Projects & NCCL -
3086
Mr. Arvind Goyal Chief Manager NSCCL - Currency Derivatives 26598310 4130
Mr. Avinash Kharkar Chief Manager Investigation 26598366 5150
Mr. Avishkar Naik Chief Manager NSCCL - Development 26598455 1207
Ms. Bhawika Wanchoo Chief Manager & In-charge -
Ahmedabad
Regional Office - Ahmedabad (079) 26584578 -
Mr. Bireshwar Chatterjee Chief Manager Data Analytics 26598366 5146
Mr. Gaurav Kapoor Chief Manager CRM 26598208 1217
Ms Himabindu Vakkalanka Chief Manager Capital Market - Trade 26598185 6063
Mr. Huzefa Mahuvawala Chief Manager F&O - Trade 26598152 6029
Mr. Janardhan Gujaran Chief Manager NSEIL—Development 26598453 3099
Ms Jayna Gandhi Chief Manager Investments 26598141 3066
Mr. Johnson Joseph Chiriyath Chief Manager Listing 26598452 5057
Mr. Kiran Sawant Chief Manager Inspection 26598353 5107
Mr. Kiran Dusane Chief Manager Premises 26598454 4112
Ms. Khyati Shah Chief Manager New Products 26598179 5076
Ms. Nipa Lalitbhai Simaria Chief Manager Surveillance 26598166 6062
Mr. Prashanto Banerjee Chief Manager Marketing 26598350 1228
Ms. Rachana Bhusari Chief Manager NSCCL - Collaterals 26598239 4088
Mr. Sammit Joshi Chief Manager India Index Services & Products 26598386 2027
Ltd.
Mr. Sandeep Dandapat Chief Manager Business Development (011)23344329 102
Mr. Sandeep Manoharan Chief Manager NOW, Dotex International Ltd. 26598313 3089
Ms. Seema Nayak Chief Manager New Projects 26598390 1562
Mr. Shekhar Rao Chief Manager Finance & Accounts 26598143 3051
Ms. Sonali Karnik Chief Manager Currency Derivatives - Trade 26598131 6028
Mr. Sunil Gawde Chief Manager Capital Market - Trade 26598448 6033
Ms. Sushama Bhagchandani Chief Manager Finance & Accounts 26598144 3041
Mr. Tojo Banerjee Chief Manager Regional Office - Delhi (011)23344505 128
Mr. Vinayak Shenoy Chief Manager Finance & Accounts 26598139 3076
2

NSE
NEWSLETTER
MANAGERIAL PERSONNEL NSE INFOTECH SERVICES LTD.
Aug August 2011 2010
3
Name Designation Projects Tel. No. Ext
Mr. N Muralidaran CEO 26598205 2001
Mr. G. M. Shenoy Senior Vice President Projects 26598207 2000
Mr. M. R. Krishnan Vice President Infrastructure 25045001 8001
Ms. Hema Iyer Vice President Risk Management 26598132 2003
Mr. Mahesh Soparkar Associate Vice President Projects, DBA/SysAdmin 26598136 2005
Ms. Mamatha Rangaprasd Associate Vice President Trade 26598351 1168
Mr. P. R. Visvas Assistant Vice President Quality, Project Management Office 26598352 1189
Mr. Mahesh Basrur Assistant Vice President FOCASS, NCSS 26598100 2072
Mr. Deviprasad Singh Assistant Vice President Telecom 26598262 2002
Mr. Amit Hatalkar Assistant Vice President
Web, SBU-Education,DWH, Internal
System 25045002 8002
Ms. Smrati Kaushik Assistant Vice President APPSG 26598450 2067
Mr. Viral Mody Assistant Vice President Retooling, NGPT 25045066 8066
Mr. Pranav Gupta Assistant Vice President Risk Management 26598349 1165
Mr. Rajanish Nagwekar Assistant Vice President Trade 26598271 6082
Mr. Hitesh Shah Solution Architect DBA /SysAdmin/SysOperations 26598270 2102
Mr. Sujoy Das Solution Architect Index 26598275 2032
Mr. Sudhir Sawant Senior Manager Project Management Office 26598100 2112
Mr. Nipun Dave Senior Manager Neatplus, TAP 25038819 2024
Mr. Bineet Jha Senior Manager HWARE SUPPORT 26598100 2077
Mr. Mathew Joseph K Senior Manager NCSS 26598100 2055
Mr. Benny Sebastian Senior Manager Membership, Inspection, Listing 25045041 8041
Mr. Umesh Agroya Senior Manager Telecom 26598277 2105
Mr. Swaminathan Narayan Senior Manager APPSG 26598100 2134
Mr. Suresh Chandani Senior Manager Trade 26598100 6083
Ms. Pranali Taskar Senior Manager Telecom 25045058 8058
Mr. Joy John Senior Manager BCP - Chennai 044-28473702 141
Mr. Narayan Neelakanthan Senior Manager Telecom 26598229 2113
Mr. Shreekantha Velankar Senior Manager DWH 25045028 8028
Mr. Balakrishnan M Senior Manager APPSG 26598100 2019
Mr. Manoj Joshi Manager NOW 26598231 1565
Ms. Anuja Joshi Manager BCP 26598100 1124
Mr. Shibu Tomy Manager ISMS 26598100 1154
Ms. Bernadine Swamy Manager HRD 26598100 2135
Mr. Anoop Kumar Rawat Consultant DBA 26598100 2094
Mr. Nitin Gupte Manager Telecom 26598100 2087
Mr. Prasad Addagatla Manager SysAdmin/SysOperations 26598320 1142
Mr. Suraj P Bangera Manager Web 25045031 8031
3

NSE
NEWSLETTER
MANAGERIAL PERSONNEL NSE INFOTECH SERVICES LTD.
Aug August 2011 2010
(contd..)
4
Name Designation Projects Tel. No. Ext
Mr. Manoj Kumar Singh Manager TECH - Delhi (011) 23346978 109
Mr. Sagar Joshi Manager Project Management Office 26598100 2111
Mr. Aditya Agarwal Manager Architecture, NGPT 26598258/25045076 8076
Ms. Meena Hajare Manager Quality 26598407 1123
Ms. Smita Bhat Manager Quality 26598300 1140
Mr. Nishant Jha Manager NGC (Next Gen Clearing) 26598100 1166
Ms. Veena Khilnani Manager DBA 26598270 2104
Mr. Vinit Naik Manager PRISM 26598100 1131
Ms. Vishakha Shenoy Manager Survellience 26598100 1160
Ms. Kavita Shanbhag Manager Listing, NFA/FAMS, WDM 25045037 8037
Ms. Swarashree Joglekar Manager C2N 26598100 1188
Mr. Shailendra Aggarwal Manager HWARE SUPPORT 26598100 1112
Mr. Amit Akre Manager NTLND 26598100 2081
4