Domestic bourse BSE has approved the acquisition of a 50 per cent stake in index provider Asia Index (AIPL) from equal joint venture partner S&P Dow Jones (SPDJ) Indices for Rs 30 crore. AIPL, the index provider, is responsible for compiling and maintaining the widely followed Sensex, Bankex, and other indices. Passive funds with assets of nearly Rs 2 trillion are benchmarked with indices provided by AIPL.
The deceased CRPF personnel are assistant sub-inspectors Mahadeva P, 50, and Madan Pal Singh, 52, and head constable Saju O P, 47, officials said.
The 27-year old Lakshmanan, who bagged a gold medal at the recently concluded Asian Athletics Championships in Bhubaneswar, has already qualified for the World Championships to be held in London next month.
Q3 results have been poor but better than extremely low expectations.
The Bank Nifty is likely to be a bellwether.