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MUMBAI: Peter T. Grauer, Chairman of Bloomberg L.P., today rang the opening bell at Bombay Stock Exchange (BSE) to signal the start of trading. BSE Chairman Mr. Jagdish Capoor and Mr. Madhu Kannan, BSE Managing Director & Chief Executive Officer, attended the opening bell ceremony joined by a distinguished group of financial professionals. Mr. Grauer‘s visit to BSE was in recognition of Bloomberg‘s growth in India. The Company is expanding the array of news and information tools for India‘s financial market professionals via the BLOOMBERG PROFESSIONAL? service, and recently launched the Bloomberg-UTV business television network with UTV. The launch of Bloomberg-UTV is a significant development in Bloomberg‘s deepening presence in this market. During his visit Mr. Grauer announced that Bloomberg-UTV will establish the first-ever television studio on site at the BSE, a new landmark in delivering critical market news to India‘s financial investors. "The expansion of Bloomberg‘s presence in India and the formation of Bloomberg-UTV illustrate Bloomberg‘s mission to provide essential news and information to India‘s business leaders and investors," said Mr. Grauer. "Ringing the BSE bell this morning signifies Bloomberg‘s commitment to promote market transparency, and our commitment to the Indian market." "India is one of the fastest growing economies in the world and it is important that timely and relevant economic as well as political news and analysis from India reaches the world and vice versa. Bloomberg-UTV is dedicated to doing just that," added Ronnie Screwvala, Chairman of UTV. As Bloomberg-UTV delivers business news to more than 30 million homes across India, the BLOOMBERG PROFESSIONAL service continues to integrate more news, data and analytics for subscribers in India, in the areas of portfolio management, trading, fixed income  , derivatives and other areas. |
