In an announcement on Thursday, MSCI said it has added five stocks – BSE, Voltas, Alkem Laboratories, Kalyan Jewellers, and Oberoi Realty – to its Global Standard Index; while reducing the weights of Adani Green, RIL, ICICI Bank, Infosys, GMR Airports, and Adani Power.
Sebi may allow AMCs to handle family office funds
SEBI has proposed to permit asset management companies (AMCs) to extend their services to pooled non-broad based funds, including family offices. Currently, AMCs are restricted