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Top headlines: MSCI to review Adani Group securities, Maaza to go global

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Adani group, adani enterprises
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BS Web Team New Delhi
MSCI receives feedback; to do free float review of Adani Group securities

Index provider MSCI said on Thursday it was reviewing the free float status of Adani Group securities after market participants raised concerns about the eligibility of companies in the Indian conglomerate for some of its indexes. Read more
 
Competition Bill may propose levying penalty on firms' global turnover

The government will likely tweak the Competition Amendment Bill 2022 to propose that penalties on companies be calculated as a percentage of their global turnover instead of the current practice of levying it on their turnover within