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Kotak Mahindra Bank, Tata Motors DVR shares on Sensex
Posted on 20th May 2017
Private sector lender Kotak Mahindra Bank and Tata Motors’ differential voting right (DVR) shares will be included on BSE's benchmark Sensex from June 19.

State-owned GAIL will move out of the Sensex, said Asia Index — an equal venture between S&P Dow Jones Indices LLC and the BSE — in a circular.

Further, a host of changes have been made in BSE 100, BSE 200, BSE 500, Sensex Next 50 and sectoral indices such as Teck and Carbonex.

The reconstitution of BSE indices will be effective from June 19, Asia Index said.

Bharat Electronics, IDFC Bank, ABB India, SAIL and Canara Bank will make an entry in Sensex Next 50, replacing Oil India, GlaxoSmithKline Consumer Healthcare, Oracle Financial Services Software, Bajaj Holdings and Investment and Reliance Communications.

BSE 100 index would see Bajaj Finserv, Petronet LNG, Piramal Enterprises, Shree Cement, MRF, Container Corp Of India, Pidilite Industries, Havells India, Bharat Electronics, Apollo Hospitals Enterprise and IDFC Bank coming in.

Those moving out of the BSE 100 index are Union Bank of India, Jindal Steel & Power, Reliance Communications, Reliance Power, GMR Infrastructure, Bank of India, IDBI Bank, United Spirits, Hindustan Zinc, Federal Bank and Housing Development & Infrastructure.

Related Companies: Kotak Mahindra Group   Tata Motors   Bombay Stock Exchange - BSE   

Other Latest News
Bharti Airtel defers Q2 results till Nov 14 over ambiguity on AGR verdict
Posted on 29th October 2019

Bharti Airtel said on Tuesday it has postponed its second-quarter earnings report to mid-November, as the wireless operator sought clarity on the court ruling asking telecom firms to cough up overdue payments to the government.

Shares of the company, which was expected to release its quarterly numbers later in the day, dropped 3.3 per cent in early trade.


Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices
Posted on 7th October 2019
The rupee on Monday opened eight paise lower at 70.96 against the US dollar amid drop in crude oil prices and rise in Asian equities. The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point.

On a weekly basis, the local unit slumped by 32 paise.


LIC pips private insurers in first-year premium growth during April-August
Posted on 13th September 2019
In the first five months of the current financial year, first-year premiums of life insurance companies grew by 39.84% (year-on-year) at Rs 1.05 lakh crore as compared to Rs 75,588.35 crore in April-August of 2018-19.

Life Insurance Corporation of India (LIC) continued to grow at a faster pace compared to private insurance players, shows the data from the Insurance Regulatory and Development Authority of India (Irdai).


Apollo Hospitals rules out further stake sale
Posted on 13th September 2019
Apollo Hospitals Enterprise (AHEL) has ruled out further dilution of promoters’ stake in the company. The company also said its Rs 1,337-crore stake sale of Apollo Munich Health Insurance with mortgage major HDFC will be concluded by October. Following these stake sales, the promoters’ pledged position will come down from a high of 76% to 54% by October and eventually to 20% by November or December, company sources said here.

World trusts India on Kashmir, not us: Pakistan minister Ijaz Ahmed Shah
Posted on 13th September 2019
In a major embarrassment for Pakistan and its Prime Minister Imran Khan, the country's Interior Minister Ijaz Ahmed Shah, a retired brigadier, said the international community didn't believe Pakistan's narrative on Kashmir; instead it is India whose version is trusted.

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