The leading brokerage house opens office in the UAE

Dubai, January 21, 2008: Sharekhan Limited, one of India's leading retail brokerage houses with a strong online trading platform, conducted an event in Dubai recently as part of its 'India First' initiative. The 'India First' Series is a special initiative of Sharekhan to help Non-resident Indians (NRIs) participate and benefit from the great Indian investment opportunity. The seminar was held on January 17, 2008 at Al Wasl in Dusit Dubai. The India First initiative was launched in Bangkok in October 2007.

The key speakers at the seminar were Mr. Sandeep Nanda, Executive Vice President, Sharekhan Limited who discussed in detail about 'India Investment story' and Mr. Hemang Jani, Senior Vice President, Sharekhan Limited, who spoke on the top picks in the Indian market for investment thereby showcasing how Sharekhan can help in investment decisions.

Mr. Rohit Srivastava, Senior Vice President, Sharekhan Limited shared his views on the technical perspective on the market - 'Super Trading Strategies' whilst Mr. Amit Arora, Senior Vice President, Operations, Sharekhan Limited elaborated on the legal and compliance directives that exist for investing in India.

In their endeavor to help NRIs direct their investments towards India, Sharekhan has launched the India First Series and will extend this initiative to other cities as well that have significant presence of NRI's.

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About Sharekhan
Sharekhan was launched by the Mumbai-based SSKI Group,* which has over eight decades of experience in the stock broking business. Sharekhan Ltd is India's leading retail broking house with more than 704 share shops in 234 cities, and the country's premier online trading destination, www.sharekhan.com, customers enjoy multi-channel access to the stock markets. Sharekhan offers its clients trade execution facilities for cash as well as derivatives, on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), depository services, mutual funds, initial public offerings (IPOs), and commodities trading facilities on the MCX and the NCDEX.  The company's online trading and investment site www.Sharekhan.com was launched on Feb 8, 2000. The site gives access to superior content and transaction facility to retail customers across the country. Known for its jargon-free, investor friendly language and high quality research, the site has a registered base of over 3.5 lakh customers. The number of trading members currently stands at over 5.43 Lacs.

*(Association with SSKI concluded after recent changes in the shareholding of the company)

© Press Release 2008