Asia Index

Adani Wilmar to be dropped from S&P BSE IPO indices: Asia Index Pvt Ltd

(Reuters) - Asia Index Pvt Ltd said on Friday Adani Wilmar Ltd will be dropped from the S&P BSE IPO index.

CCI approves BC Asia Investments' acquisition in IIFL Wealth Management

Competition Commission of India on Tuesday approved the acquisition of the stake in IIFL Wealth Management (IIFLWM) by BC Asia Investments X Ltd. The proposed combination involves the acquisition of up to 24.98 per cent shareholding of IIFLWM by BC Asia Investments X Limited, a notice issued by the anti-trust regulator said. BC Asia Investments X Ltd is indirectly held by Bain Capital Investors LLC (Bain Private Equity), Bain Capital Credit Member LLC and Bain Capital Member II (together Bain Credit) and the Canadian Pension Plan Investment Board (CPPIB). In a tweet on Tuesday, Competition Commission of India (CCI) said it has approved the "acquisition of up to 24.98 per cent shareholding in IIFLWM by BC Asia". IIFL Wealth Management Ltd is a wealth management subsidiary of IIFL Holdings Ltd. Bain Private Equity is a private equity firm that invests in companies across many industries. As per a separate notice, the fair trade regulator has cleared the transaction involving the sa

'Markets aren't prepared for a phase of slowdown', says Bernstein MD

Venugopal Garre says there is some downside risk to the market at this juncture and investors should start looking at selectively taking money off the table

All you need to know about Sensex reshuffle and how it affects investors

Listen to the podcast to know about the latest changes in the Sensex pack, why are some stocks dropped from it and others added and how does the reshuffle affect investors

Asia Index launches index to track performance of CBLO rate

New index is designed to measure the returns from a daily rolling deposit at the CBLO rate