The NSE, on the other hand, was founded in 1992 and started trading in 1994.

FORBES: The ABCs Of Investing In India

Shah must navigate a bureaucratic thicket and battle mighty rivals like his starting ground, the NSE.

FORBES: Magazine Article

At the last count, the BSE had about 4, 700 listed firms, whereas the rival NSE had about 1, 200.

FORBES: The ABCs Of Investing In India

With the arrival of the new automated National Stock Exchange (NSE) in 1994, he could see that electronic trading would be the future.

FORBES: Exchange For Good

Is there any good news for Kingfisher Airlines (NSE: KFA)?

FORBES: Troubles Mount For India's Kingfisher Airlines

Mallya also runs the profitable United Breweries Group (NSE: UBHOLDINGS), owners of the popular Kingfisher beer label, so he has plenty of money to fund the airline.

FORBES: Troubles Mount For India's Kingfisher Airlines

Most of the trading in the Indian stock market takes place on its two stock exchanges: the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

FORBES: The ABCs Of Investing In India

They have profiled board members of the top 1, 000 Indian firms - private and state-owned - that account for four-fifths of the market capitalisation of companies listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in 2010.

BBC: Why Indian boardrooms have no diversity