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Thursday, March 28, 2024
TopicMSCI

Topic: MSCI

MSCI kicks two Adani-group companies from global indexes

MSCI had confirmed last week it would lower the free float of two of Adani Group companies, Adani Total Gas and Adani Transmission.

Adani shares dip in MSCI index review aftermath

MSCI Inc. revised its global indexes last month where Adani Green’s weighting in the index was cut as it admitted new stocks.

3 more Adani firms could join MSCI India Index as their shares double

The potential inclusions are seen further boosting wealth for Adani, who has added $20.2 billion to his net worth this year, the second-biggest increase among world’s billionaires.

Indian stocks can expect billions of dollars after FPI rule change from 1 April

India will increase the foreign portfolio investment limit in a company from the current 24% to a higher threshold set for its sector.

Debt-laden Vodafone, Indiabulls & Glenmark likely to be taken out of MSCI index

The global index provider could remove sinking companies, brokers say, but is likely to add ICICI Prudential Life Insurance and Siemens this week.

Indian stocks ‘expensive as heck’, $1 billion EM manager pushes pause

UK-based equity manager Tim Love says India's growth play is brilliant, but uncertainty over the next govt isn't inspiring investors.

Veteran investor Mark Mobius predicts worldwide financial crisis

Mobius says end of cheap money will cause a squeeze for many of the companies dependent on them.

On Camera

Arvind Kejriwal can’t absolve himself ethically. Excise policy encouraged alcohol intake

The Kejriwal government in Delhi disregarded the Directive Principles of State policy with the corrupt excise policy on liquor.

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

BRO connects new axis to Ladakh, to be shortest route

The all-weather Nimmu-Padam-Darcha Road will connect Manali to Leh through Darcha and Nimmu on Kargil-Leh Highway.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.