Working under the aegis of South Asian Federation of Exchanges (SAFE), a group of delegates from Pakistan on Tuesday met top executives of MCX Stock Exchange (MCXSX ) and NSDL, and over the next two days are scheduled to meet top officials at Sebi, NSE and BSE.
"On one hand cross-listing could position India as a regional financial hub for SAARC. On the other, it could also help companies from smaller nations, where there are not many domestic investors , to realize their true potentials in terms of valuations," said Aftab Ahmad Chaudhry, secretary general, SAFE, a member of the delegation.
The group of top officials from Pakistan's financial sector is visiting India under 'Aman Ki Asha' (Hope for Peace) initiative, a joint programme of two of the largest media groups on both sides of the border - The Times of India and the Jang/Geo group of Pakistan. The Pakistani group is being led by Imtiaz Haider, commissioner, securities market division, Securities and Exchange Commission of Pakistan ( SECP).
Speaking to TOI, Joseph Massey, MD & CEO, MCX-SX said since there are lot of common things between the two countries, including the language , it has been agreed to work towards a structure of calibrated flow of capital between the two neighbours.
Courtesy by TNN | Times of India
Tuesday, December 20, 2011
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The News on Sunday Special Report: India Pakistan prisoners
We probably didn't need to do this Special Report. Newspaper stories don't matter when it comes to Indians in Pakistani jails and vice versa. In fact, 'vice versa' sums it up. We do to them what they do to us.
Except when the two countries decide to begin talking, yet again! This time a little before the foreign secretary level talks, some Pakistani prisoners were released by India (and vice versa must have happened) and some more were release....read more
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For the past 2 years the Jang Group and Geo have been working on a project of great national interest; one that we hope will help usher in an era of peace and prosperity in the country and indeed, in the region. And one that hopefully all Pakistanis can be proud of.
The Jang Group has entered into an agreement with the Times of India Group, the largest media group of India, to campaign for peace betw
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