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Established in 1875, BSE (formerly known as Bombay Stock Exchange Ltd.), is Asia's first & the Fastest Stock Exchange in world with the speed of 6 micro seconds and one of India's leading exchange groups. Over the past 143 years, BSE has facilitated the growth of the Indian corporate sector by providing it an efficient capital-raising platform. Popularly known as BSE, the bourse was established as ‘The Native Share & Stock Brokers' Association’ in 1875. In 2017 BSE become the 1st listed stock exchange of India.

Today BSE provides an efficient and transparent market for trading in equity, currencies, debt instruments, derivatives, mutual funds. BSE SME is India’s largest SME platform which has listed over 250 companies and continues to grow at a steady pace. BSE StAR MF is India’s largest online mutual fund platform which process over 27 lakh transactions per month and adds almost 2 lakh new SIPs ever month. BSE Bond, the transparent and efficient electronic book mechanism process for private placement of debt securities, is the market leader with more than Rs 2.09 lakh crore of fund raising from 530 issuances. (F.Y. 2017-2018).

Keeping in line with the vision of Shri Narendra Modi, Hon’ble Prime Minister of India, BSE has launched India INX, India's 1st international exchange, located at GIFT CITY IFSC in Ahmedabad.

Indian Clearing Corporation Limited, a wholly owned subsidiary of BSE, acts as the central counterparty to all trades executed on the BSE trading platform and provides full novation, guaranteeing the settlement of all bonafide trades executed.

BSE Institute Ltd, another fully owned subsidiary of BSE runs one of the most respected capital market educational institutes in the country.

BSE has also launched BSE Sammaan, the CSR exchange, is a 1st of its kind initiative which aims to connect corporate with verified NGOs.

BSE's popular equity index - the S&P BSE SENSEX - is India's most widely tracked stock market benchmark index. It is traded internationally on the EUREX as well as leading exchanges of the BRCS nations (Brazil, Russia, China and South Africa).

The decade following independence in 1947 was witness to a surge of innovative ideas to build a fledgling independent nation into a model democratic state committed to growth with equity. The establishment of the Indian Institute of Management Ahmedabad (IIMA) was the outcome of one such innovative initiative.

Led by space scientist Dr. Vikram Sarabhai and an eminent industrialist and philanthropist Shri Kasturbhai Lalbhai, and proactively supported by the then Chief Minister of Gujarat, Dr. Jivraj Mehta, a group of enlightened individuals set up IIMA in 1961. This group ably wove together a coalition of five actors - the governments at the centre and the state, local industrialists, the Ford Foundation and the Harvard Business School, to establish the foundations of the Institute.

IIMA was set up as an institution that would be managed by a Society, the IIMA Society, created under the Societies Act. The Institute was to be run by a Board of Governors, constituted by the IIMA Society; the Board would have representation from all the relevant constituencies so as to reflect the multifarious needs of a developing nation. IIMA was therefore conceived as a Board-managed institution, free from the exclusive control of any one constituency. Thus, operational freedom is an integral part of the DNA of IIMA.

IIMA has been consistently ranked as the premier management school in the country by several national agencies. IIMA programmes are also ranked highly in several international rankings. In 2008, IIMA became the first management school in the country to be awarded EQUIS (European Quality Improvement System) accreditation by the EFMD (European Foundation for Management Development).

The IIMB Centre for Corporate Governance and Citizenship was established in 2003 with the Vision ‘to be the leading and preferred Centre of Excellence in the field of Corporate Governance and Citizenship’. It carried the mandate of bringing under a single umbrella all the research, teaching and policy support work that the Institute faculty was engaged in the last several years in the area of Corporate Governance and Citizenship. The Centre was inaugurated by Judge Mervyn King – a leading luminary from South Africa, in the field of Ethics, Governance and Responsibility. The Centre has been acknowledged as a Centre of Excellence by the National Foundation of Corporate Governance, a government body, functioning under the Ministry of Corporate Affairs, in the field of Ethics, Governance and Responsibility. In 2014, the Centre completed its Xth. Anniversary and we were privileged to have amongst us once again, -Judge Mervyn King, who delivered the keynote address with the subject - “Corporate behavior cannot be what it used to be”. IIMB-CCGC was selected to be a member of the Oversight Body of Integrated Reporting Council Academic Network.

The CCGC strives to be:
  • India’s Number One Centre of Excellence in Research, Education, Training, Advocacy and Dissemination in the field of Corporate Governance and Citizenship, through capacity building, knowledge creation, and dissemination.
  • The preferred choice for engaging or partnering in research, education, training, and advocacy in matters relating to Corporate Governance and citizenship globally.
  • The preferred choice for engaging or partnering in the development of board-and-top level directors and executives towards the highest standards of corporate governance and citizenship, in private, public, civil society, and not-for-profit sectors of business, commercial, civic, and social activities.
  • The preferred choice for policy support to government, regulators, standard setters, and professional and industry bodies on corporate governance and citizenship legislation, regulation, self-regulation, and moral suasion.
  • Emerging from our Vision of ‘Being the preferred Centre of Excellence in the field of Corporate Governance and Citizenship’, our activities were focused in 4 broad areas: Research, Education & Training, Advocacy and Dissemination.

THE INDIAN SCHOOL OF BUSINESS (ISB) evolved from the need for a world-class business school in Asia. The founders, some of the best minds from the corporate and academic worlds, anticipated the leadership needs of the emerging Asian economies and recognised that the rapidly changing business landscape would require young leaders who not only have an understanding of the developing economies but who also present a global perspective. The ISB is committed to creating such leaders through its innovative programmes, outstanding faculty and thought leadership. The ISB is a not-for-profit organization, funded entirely by private corporations, foundations and individuals from around the world who believe in its vision to be an internationally top-ranked, research-driven, independent management institution that grooms future leaders for India and the world.

The Institute of Chartered Accountants of India (ICAI) is a statutory body established by an Act of Parliament, viz. The Chartered Accountants Act, 1949 (Act No.XXXVIII of 1949) for regulating the profession of Chartered Accountancy in the country. The Institute, functions under the administrative control of the Ministry of Corporate Affairs, Government of India. The ICAI is the second largest professional body of Chartered Accountants in the world, with a strong tradition of service to the Indian economy in public interest.

 

The affairs of the ICAI are managed by a Council in accordance with the provisions of the Chartered Accountants Act, 1949 and the Chartered Accountants Regulations, 1988. The Council constitutes of 40 members of whom 32 are elected by the Chartered Accountants and remaining 8 are nominated by the Central Government generally representing the Comptroller and Auditor General of India, Securities and Exchange Board of India, Ministry of Corporate Affairs, Ministry of Finance and other stakeholders.

 

Over a period of time the ICAI has achieved recognition as a premier accounting body not only in the country but also globally, for maintaining highest standards in technical, ethical areas and for sustaining stringent examination and education standards. Since 1949, the profession has grown leaps and bounds in terms of members and student base.

 

  • Regulate the profession of Accountancy
  • Education and Examination of Chartered Accountancy Course
  • Continuing Professional Education of Members
  • Conducting Post Qualification Courses
  • Formulation of Accounting Standards
  • Prescription of Standard Auditing Procedures
  • Laying down Ethical Standards
  • Monitoring Quality through Peer Review
  • Ensuring Standards of performance of Members
  • Exercise Disciplinary Jurisdiction
  • Financial Reporting Review
  • Input on Policy matters to Government

The Institute of Company Secretaries of India (ICSI) is a premier professional body set up under an Act of Parliament, i.e., Company Secretaries Act, 1980, for the regulation and development of the profession of Company Secretaries in India. It functions under the jurisdiction of Ministry of Corporate Affairs, Government of India. The Institute, being a pro-active body, focuses on best and top-quality education to students of Company Secretaries Course and best quality set standards for CS members. The institute has over 59,000 members and about 3.5 lakh students on its roll.

ICSI is the largest CS organisation recognised globally for guiding Industry and academia on highest standards of Corporate Governance. Company Secretaries maintain high standards of accountability, transparency and ethics in order to build an effective governance model for the corporates. The ICSI is a pioneer contributor in Government of India initiatives for promoting socio-economic growth of the nation.

The Institute of Cost Accountants of India (ICAI) is a statutory body set up under an Act of Parliament in the year 1959. The Institute as a part of its obligation, regulates the profession of Cost and Management Accountancy, enrolls students for its courses, provides coaching facilities to the students, organizes professional development programmes for the members and undertakes research programmes in the field of Cost and Management Accountancy. The Institute pursues the vision of cost competitiveness, cost management, efficient use of resources and structured approach to cost accounting as the key drivers of the profession. In today's world, the profession of conventional accounting and auditing has taken a back seat and cost and management accountants increasingly contributing towards the management of scarce resources like funds, land and apply strategic decisions. This has opened up further scope and tremendous opportunities for cost accountants in India and abroad.

After an amendment passed by Parliament of India, the Institute is now renamed as ''The Institute of Cost Accountants of India'' from ''The Institute of Cost and Works Accountants of India''. This step is aimed towards synergizing with the global management accounting bodies, sharing the best practices and it will be useful to large number of trans-national Indian companies operating from India and abroad to remain competitive. With the current emphasis on management of resources, the specialized knowledge of evaluating operating efficiency and strategic management the professionals are known as ''Cost and Management Accountants (CMAs)''. The Institute is the 2nd largest Cost & Management Accounting body in the world and the largest in Asia, having more than 5,00,000 students and 85,000 members all over the globe. The Institution operates through four regional councils at Kolkata, Delhi, Mumbai and Chennai and 101 Chapters situated at important cities in the country as well as 10 Overseas Centre headquartered at Kolkata. It is under the administrative control of Ministry of Corporate Affairs, Government of India.

Our Institute apart from being a member of International Federation of Accountants (IFAC), South-Asian Federation of Accountants (SAFA), Confederation of Asian & Pacific Accountants (CAPA), National Advisory Committee on Accounting Standards (NACAS), and National Foundation for Corporate Governance (NFCG) is also a member of Government Accounting Standards Advisory Board (GASAB).

National Foundation for Corporate Governance (NFCG) was set up in the year 2003 by the Ministry of Corporate Affairs (MCA), in partnership with Confederation of Indian Industry (CII), Institute of Company Secretaries of India (ICSI) and Institute of Chartered Accountants of India (ICAI) to promote good Corporate Governance practices both at the level of individual corporates and Industry as a whole. In the year 2010, Institute of Cost Accountants of India (ICAI) and National Stock Exchange (NSE) and in 2013 Indian Institute of Corporate Affairs (IICA) were included in NFCG as Trustees.

Vision

Be the Key Facilitator and Reference Point for highest standards of Corporate Governance in India.

Mission

  • To foster a culture of good corporate governance;
  • To create a framework of best practices, structure, processes and ethics;
  • To reduce the existing gap between Corporate Governance framework & actual compliance by corporates;
  • To facilitate effective participation of different stakeholders;
  • To catalyse capacity building in emerging areas of corporate governance

The National Stock Exchange of India Ltd. (NSE) is the largest stock exchange in India. As per the World Federation of Exchanges, NSE is ranked No 1 on Index Options contracts, No 2 on Currency derivatives contracts and overall ranks as the 3rd largest exchange in the world in terms of volume of trade.

 

NSE has a fully-integrated business model comprising of exchange listings, trading, clearing and settlement services, indices, market data feeds, technology solutions and financial education offerings. NSE offers trading platform in equities, F&O, currency, interest rates, fixed-income, commodities, sovereign gold bonds, ETFs, distribution of mutual fund and lending and borrowing of securities. NSE’s Platform is the most preferred platform to access capital for the SMEs.

 

NSE operates a market ecosystem which is transparent and efficient. NSE is committed to improve the financial well-being of people.

Note: Partners' names are listed in alphabetical order.
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This is Beta version of Independent Director's Databank.