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S&P DJI seeks 'strategic partners' after snapping relationship with BSE

It also affirmed commitment to minimise the troubles for the domestic and international client base as it unwinds the current relationship with the BSE

Large global index providers took in over $2 billion in revenue in the previous year, according to data from Bloomberg (Photo: Reuters)
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Large global index providers took in over $2 billion in revenue in the previous year, according to data from Bloomberg (Photo: Reuters)

Press Trust of India Mumbai
After the BSE announced snapping of ties with S&P Dow Jones Indices (DJI), the latter said on Wednesday that it is looking at ways of expanding activity and seeking “strategic opportunities” in the country.
 
“India continues to be an important part of S&P DJI’s global growth strategy and we will continue to find ways to expand commercial activities in the country, look for strategic opportunities,” an official statement said.
 
The company will seek “strategic partners fully committed to providing Indian and global investors with the index-based solutions they need to take part in India’s exciting growth story,” it