Areva T&D out of FTSE IDFC India Infra 30 Index;Apollo Hosp in

Image
Press Trust of India London
Last Updated : Mar 12 2013 | 4:30 PM IST
Shares of Areva T&D India will be excluded from the FTSE IDFC India Infrastructure 30 Index making way for Apollo Hospitals effective from March 18, global index provider FTSE has said.
After the March 2013 semi-annual review, constituent changes were made in the FTSE IDFC India Infrastructure Index Series, which includes FTSE IDFC India Infrastructure 30 index and FTSE IDFC India Infrastructure Index.
As per the FTSE IDFC India Infrastructure 30 index, Areva T&D India will be excluded, while, Apollo Hospitals would be included.
Moreover, the companies that would be included in the FTSE IDFC India Infrastructure index include -- Apollo Hospitals, Jaiprakash Power Ventures, IL&FS Transport Networks, BS and Tecpro Systems.
While the exclusions include Areva T&D India, PTC India, Pratibha Industries, Titagarh Wagons, Atlanta India, Voltam Transformers and Tulip Telecom.
All constituent changes will be applied after the close of business on Friday, March 15 2013 and will be effective on Monday March 18 2013, FTSE said.
The FTSE IDFC India Infrastructure Index Series was designed to represent the performance of Indian companies that generate the majority of their revenue from infrastructure.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 12 2013 | 4:30 PM IST

Next Story