Shares of Adani Transmission, Adani Total Gas and Indus Towers will exit the MSCI Global Standard Index on May 31, 2023, as a part of the May rejig exercise. On the other hand, Max Healthcare Institute, Hindustan Aeronautics (HAL) and Sona BLW Precision Forgings will make an entry into the index. The exit of Adani … Read more
“In case of deletions, the index provider has decided to delete Adani Transmission and Adani Total Gas and Indus Towers as well. In case of Adani Group of stocks, in case of Adani Transmission, the net outflow is to the tune of 190 million dollars. In case of Adani Total Gas it is 170 million … Read more
Shares of debt-ridden Vodafone Idea (Vi) fell nearly 3% to Rs 7.51 in Thursday’s intraday trade on BSE after the telecom operator’s consolidated net loss for the quarter ended December 2022 widened to Rs 7,990 crore from Rs 7231 crore a year ago, and Rs 7,596 crore a quarter ago. However, its consolidated revenue increased … Read more
MSCI Inc will announce the results of the quarterly review of its global standard indices later Thursday. The proposed changes will come into effect as of the close of February 28. Dalal Street will have its eyes glued to it given that several foreign investors use the MSCI indices as a gauge to invest in … Read more
People in Maharashtra may face problems in telecom connectivity if a lockdown is imposed in the state due to infrastructure companies facing inconvenience from local authorities in rolling out and maintaining networks, industry body TAIPA said on Thursday. Maharashtra has seen a sudden spike in COVID-19 cases and there were 31,855 fresh cases recorded in … Read more
New Delhi: The merger of tower company Bharti Infratel with Indus Towers will offer limited synergies in operating expenditure due to limited overlap in operations, brokerage analysts say. “Given the limited overlap in the operations of Bharti Infratel and Indus Towers, synergies from the merger are likely to be limited to savings on administrative overheads,” … Read more