"It is an honor to have Mr. Jaswant Singh with us here today." said Mr. Berkeley. "Mr. Singh’s visit to the MarketSite is auspicious for us at Nasdaq® as it symbolizes the recognition of our commitment to India", he added.
During his visit, Mr. Berkeley and the Foreign Minister made brief remarks to the press and Mr. Singh was then escorted on a tour of the MarketSitewas given an overview of the new MarketSite by Mr. John Wall followed by a MarketSite experience tour. After the tour, Mr. Singh attended a cocktail reception hosted in his honor. After the tour, Mr. Singh attended a cocktail reception hosted in his honor. Commenting on peaking on the occasion Mr. John Wall said, "India is a market with tremendous growth potential and promise and has always been very important to us. We are keen to see more Indian companies list on Nasdaq".
Indian representatiocompanies listedn on Nasdaq includes Infosys Technologies Ltd., Satyam Infoway Limited and Rediff.com. Nasdaq has also recently announced its intention to open its first liaison office atin in India later this year.
The Nasdaq Stock Market lists nearly 5,000 companies, has a larger dollar volume, and trades more shares per day than any other market in the world. Nasdaq is a subsidiary of the National Association of Securities Dealers, Inc. (NASD®), the largest securities-industry, self-regulatory organization in the United States. For more information about Nasdaq, visit the Nasdaq Web site at www.nasdaq.comSM or the Nasdaq NewsroomSM at www.nasdaqnews.com.
