Mulay underlined the “growing thriving relationship” between India and the US.
He said India’s economy is rapidly transforming and requires huge investments across various sectors. Welcoming Mulay and Rampal, Nasdaq Senior Vice President Bob McCooey said there is no better place to celebrate India’s independence day than at Times Square, which is the “crossroads of the world.” McCooey noted Nasdaq’s growing presence in India, “which is on its way to becoming a global powerhouse.” Referring to the “great entrepreneurship” and “fantastic companies” in India, he expressed hope that many more Indian companies will list at Nasdaq in the future. Currently five Indian companies are listed at Nasdaq and have a combined market capitalisation of $ 43 billion. These include MakeMyTrip.com, Rediff, Videocon d2h and Cognizant. Rampal, dressed in a dark blue shirt and gray coat, tweeted after the bell ceremony, “Feeling super proud to be an Indian. Independence Day celebrations begin.” Nasdaq’s giant screen in Times Square extended a warm welcome to Rampal, with the words “Nasdaq welcomes Arjun Rampal” displayed on it along with the Emblem of India.