Business Standard

Asian Paints, BoB to replace R-Power, RCom in Nifty

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The National Stock Exchange on Wednesday said it would exclude two Group companies — and — from its benchmark from April 27. These two companies will be replaced by and in the 50-share index.

In August 2011, the Bombay Stock Exchange had exclude Reliance Infrastructure and Reliance Communications — from its benchmark Sensex.

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IABF to close $120-mn fund this year

India Agri Business Fund (IABF), a $120- million equity fund instituted in 2008 for which Rabo Equity Advisors is an investment advisor, is planning ...

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