Watershed year at BSE
Friday, December 19, 2014
The BSE transition bill also sailed through parliament, which will allow the incorporation of the Stock Exchange providing it with the flexibility to operate on a more commercial basis and enter into strategic alliances.
In the year, the stock market also introduced the Exchange News Service. This service will disseminate listed company information to the market in real time, facilitating punctual, equal and wide exchange of relevant news and information. Subscribers to the X-News Email Service now have the link to the publications dispatched to their designated email addresses within 10 minutes of uploading to the ATSM and BSEW.
But on the particularly sensitive question of cadre deployment, the BNF must tread very carefully.The issue deserves robust debate, not ideological enthusiasm. Recent public comments from the BNF leadership are reassuring: the party has said that government positions should be based on merit and competence rather than party membership, and that it does not have a specific cadre-deployment policy.That principle should remain firmly at the centre...