New Delhi, India (PressExposure) July 26, 2011 -- The company will distribute SBI Ltd's Financial Products like Mutual
Funds, Debt Schemes, Bonds, etc.
Cni InfoXchange Private Limited, a subsidiary of CNI Research Ltd., has tied up with SBI Ltd. for distribution of its Financial Products like Mutual Funds, Debt Schemes, Bonds, etc.
CNI Research Limited is already partnering with Thomson Reuters, Capital IQ, Dow Jones, Blue Matrix, Capital Market.com and ISI Emerging Markets providing research globally, on the Indian mid and small cap companies. These tie ups have already made CNI Research a trusted name across the globe amongst the FII's.
The aforesaid tie up is a step forward in its continued drive to tie up with reputed global and national players to enhance the reach of CNI businesses. The diversification into distribution of Financial Products will also help to reduce the over dependence on equity market. CNI Research has strong presence in equity research, content creation, media, financial services and now distribution of products of service oriented companies.
Cni InfoXchange, a CNI Research subsidiary, has already started to create a distribution network through the franchisee route. The company expects to have over 500 points of distribution - both company owned and franchised - throughout the country in the next two years.
Commenting on the company plans, Mr. Kishor Ostwal, CMD, CNI Research said, "The company is already recognized as a strong research content provider in the mid and small cap segment by the global FII community. Now we want to make quality financial products easily available to the retail investors. The tie-up with SBI Ltd. and the setting up of an effective distribution mechanism will ensure availability of specialized debt and equity products across the board."
On creating a franchisee network, Mr. Ostwal said, "We want to create a strong bouquet of products for our franchisees which makes them stand out from the other distributors of Financial Products. This will ensure a strong brand affiliation and create a steady income stream for them". CNI Research plans to focus on franchised operations in a big way.