He further added, "Although DTCC and CDSL
have different legislative frameworks and settlement systems; it would be beneficial for both depositories to share their experiences to reduce risks and to enhance the efficiency of systems.
With the purchase of CDSL
, CGI has some 2,600 professionals offering the full range of information technology services.
CGI generated revenue of $122 million for the year ended September 30, 1996, while CDSL
generated revenue of $79 million for the year ended December 31, 1996.
Similar circulars have been issued to the Bombay Stock Exchange as also to the two depositories NSDL and CDSL
Currently a company called CDSL
Ltd is designated the premises licence holder and the supervisor is Richard William Hart.
The RGESS, which offers tax deduction up to Rs 25,000 a year over and above the Rs 1 lakh exemption under Section 80C, had managed to collect just Rs 63 crore (valued at actual acquisition cost) as on September 30, according to data from the two depositories, NSDL and CDSL
We would ask everybody interested in the future of Cardiff ice hockey to attend Thursday's meeting,'' said CDSL
board member Phil Thomas.
As on March 31, 2008, the highest increase in absolute terms, was observed in case of depository participants (DPs) of CDSL
(52) followed by portfolio managers (47).
The firm's Qualified Foreign Investors (QFI) service would allow it to operate as a Qualified Depository Participant (QDP) approved by SEBI across the two depositories such as CDSL