Asia Index
Asia Index launches BSE Select IPO to measure newly listed stocks
Asia Index Private Ltd, a subsidiary of BSE, on Monday announced the launch of a new index - BSE Select IPO - to measure the performance of newly listed stocks on the bourse either through a public issue or spin-off/demerger process. Stocks are included in the index based on three primary criteria -- full market capitalisation, liquidity and minimum listing history of three months, Asia Index said in a statement. This new index can be used for running passive strategies such as ETFs and Index Funds as well as gauging the performance of new companies across all the major sectors in India. Also, it can be used for benchmarking portfolio management service (PMS) strategies, mutual fund schemes and fund portfolios. "2024 has been a spectacular year for new listings with India emerging among the top 3 markets globally both in terms of monies raised and companies listed. The strong showing of new listings is expected to continue as companies look at unlocking values and planning for thei
 "Asia Index launches BSE Select IPO to measure newly listed stocks")
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.
 "Adani Wilmar to be dropped from S&P BSE IPO indices: Asia Index Pvt Ltd")
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
 "CCI approves BC Asia Investments' acquisition in IIFL Wealth Management")
'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
 "'Markets aren't prepared for a phase of slowdown', says Bernstein MD")
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
 "All you need to know about Sensex reshuffle and how it affects 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
 "Asia Index launches index to track performance of CBLO rate")
