Mumbai, July 23 (IANS) BSE Index Services Pvt. Ltd. — a wholly-owned subsidiary of BSE — on Thursday launched the BSE Total Market Index (TMI), a new benchmark designed to track the performance of companies representing 98 per cent of the BSE AllCap Index by total market capitalisation.According to the exchange, the index will maintain coverage of at least 98 per cent of the BSE AllCap universe, subject to a minimum of 1,000 constituent stocks, making it one of the broadest benchmarks for the …
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Shillong, July 6 (IANS) The CBI arrested a Project Director of the National Highways Authority of India (NHAI), Shillong, and two private persons for demanding a bribe of Rs 12 lakh from a contractor in exchange for clearing his outstanding bills worth Rs 13.38 crore, an official said on Monday. Project Director Aanand Singh Chouhan was arrested by the Central Bureau of Investigation (CBI) on the complaint of Mohd. Matlebuddin Ahmed, Director, Purvanchal Buildtech.Chouhan’s accomplice, Punit, …
Mumbai, Jan 9 (IANS) BSE Index Services Pvt. Ltd, a wholly-owned subsidiary of Bombay Stock Exchange (BSE), on Friday announced the launch of a new index — BSE All Derivative Stocks Index. The BSE All Derivative Stocks Index aims to track the performance of the constituents of BSE 500 Index which are linked to derivative trading.This new index can be used for running passive strategies such as exchange traded funds (ETFs) and index funds. It can also be used for benchmarking PMS strategies, MF …