INDIA NEWS
Dec 16-31, 2023 - Vol 4, Issue 10
COMMUNITY NEWS
CGI hosts roundtable for India’s National Stock Exchange MD & CEO Sydney, December 6 (Australia India News Newsdesk)
(NSE) India on his recent visit to Australia.
The Australia India Business Council (AIBC) facilitated the roundtable hosted by Consul General of India, Sydney, for Ashish Chauhan, MD & CEO of National Stock Exchange
NSE India is India's most premier and the largest stock exchange and also one of the largest in the world. Ashish Chauhan gave some insights into the scale of opportunities and the returns
which NSE India has notched up for foreign investors during the last decade. Australian business, financial services and asset management leaders were particularly enthused with Chauhan's invitation for dual listing, both for companies seeking to enter India
via NSE India or the GIFT City. In addition, he also highlighted the opportunities for Indian companies to list in Australia with dual listing and the potential for market entry for bilateral businesses. There was also a discussion on the range of technology and
digital infrastructure adopted in India both in government and non-government. NSE India has been one of the first to introduce digital technologies to the market and has introduced several measures for governance and best practices.
Grants to boost support for sports clubs Brisbane, December 15 (Australia India News Newsdesk) Lord Mayor Adrian Schrinner has awarded more than $2 million to help sports and community clubs improve their facilities. Cr Schrinner said the funding boost will help 19 clubs deliver projects critical to their ongoing success amid rising construction costs. “Brisbane’s sports and community groups are the lifeblood of our suburbs and I’m committed to supporting them,” Cr Schrinner said. “We’ve seen the cost of construction skyrocket and this funding allows clubs to undertake improvements that keep services running. “Roof repairs, irrigation works, upgraded field lighting and new netball hard courts are just some of the projects being funded. “Investing in local sports clubs helps ensure they can continue to be great places where people of all ages can stay active and connect with other residents.” Cr Schrinner said clubs right across Brisbane had benefitted from the grants. “From Aspley to Windsor and Sunnybank to Forest Lake, we’re providing a helping hand right across Brisbane,” he said. “As our suburbs continue to grow, our sports and community groups need to grow with them. “At Forest Lake Junior Rugby League Club, the existing field lighting will be upgraded so night-
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time training and matches can continue. “While in Graceville, four new hard courts will be installed to support netball at the Western Districts Netball Association. “The construction of all weather, non-slip hard courts means local residents have a safer and more enjoyable game. “We’re thrilled to give back to our suburbs through community grants and help preserve their legacy for years to come.” The next Lord Mayor’s Better Suburbs Grant – Community Support category is due to open on 29 January 2024.
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