Zomato on Monday became the first new-age company to join the prestigious 30-share benchmark Sensex, replacing JSW Steel. Photograph: Anushree Fadnavis/Reuters This milestone marks a significant......
ITC's spunoff unit to remain part of Sensex, Nifty for 3 days post-listing to help index funds navigate change. Photograph: Amit Dave/Reuters ITC's move to hive off its hotel business will have......
Domestic passive mutual fund (MF) schemes will have to sell around Rs 1,500 crore worth of ITC Hotels shares once the demerged entity lists on the exchanges, according to estimates. IMAGE:......
China has stayed on top for two consecutive months in the MSCI Emerging Markets Investable Market Index (EM IMI), after ceding the position to India in August. Photograph: Toby Melville/Reuters......
With India overtaking China in terms of weightage in the Morgan Stanley emerging markets IMI, Indian equities could see inflows of about $4.5 billion (Rs 37,000 crore), according to estimates.......
Private equity firm CVC Capital has sold a $1.6 billion stake in Formula One to three investors including BlackRock ahead of the motor racing company's planned $3 billion initial public offering in......