The MSCI November 2024 index review, effective Monday, put the spotlight on the banking giant due to its weightage adjustment. This marks the final tranche of a phased increase announced earlier this year, reinforcing HDFC Bank’s pivotal role in the MSCI index realignment.
HUL gives in-principle nod to demerger of ice-cream business into separate listed entity
Hindustan Unilever’s board has granted preliminary approval to spin off its ice cream business into a separate publicly listed company. Shareholders will receive stock in