NSE-50, CRISIL 500 GET NEW TAGS FROM TODAY
Article Abstract:
The NSE-50 and Crisil-500 indices will be renamed as S&P CNX Nifty and S&P CNX-500 respectively with effect from July 28, 1998. Indian Index Service & Products Ltd (IISL) which is a joint venture between Credit Rating Information Services of India Ltd (Crisil) and the National Stock Exchange (NSE), the will be handling these indices. NSE and Crisil will also be offering other indices like NSE MidCap and Crisil's sectoral indices to IISL. IISL will be licensing the trademark of Standard & Poor's (S&P) of the US which will be playing a central role in the activities of IISL. (ag)
Comment:
Will rename NSE-50 and Crisil-500 indices as S&P CNX Nifty and S&P CNX-500 respectively with effect from 7/28/98
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
GE CAPS CAN RAISE HOLDING UP TO 75%
Article Abstract:
GE Capital (GEC) will tie up with State Bank of India (SBI) to float two companies - one for financial consultancy and another for credit card business. In financial consultancy firm, GEC will pick up 60 percent stake which will be raised to 75 percent after completing three years business. In credit card business, SBI will have a majority stake of 60 percent and the rest will be held by GEC. The total foreign investment in the two ventures will be Rs70 crore. (gs)
Comment:
Will tie up with State Bank of India to float 2 companies, one for financial consultancy & another for credit card bsns, India
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: WILL THINGS CHANGE? BRAVING ALL ODDS BERGER PAINTS (INDIA) LTD
- Abstracts: BG UPS EQUITY CAPITAL IN HOLDING Co TO $2 MILLION ONGC OWES Rs75 CRORE TO SHIPPING COS GULF OIL INDIA LIMITED
- Abstracts: CENTRE DECIDES TO INFUSE Rs125 CR AS EQUITY IN IA AIRLINES LIMIT DISCOUNTS ON INDO-GULF SECTOR TO 19%
- Abstracts: GALILEO (I) LAUNCHES RESERVATION PACKAGE WIPRO LAUNCHES SOFTWARE PRODUCT; MULLS NEW CENTRES
- Abstracts: ROTHMANS' INDIA PLAN HANGS IN BALANCE. KEMWELL OFFERS 51% STAKE TO AUSSIE PARTNER