Briefly Business: BSE adds S&P brand to Sensex, other indices

BSE adds S&P brand to Sensex, other indices

Mumbai: Bombay Stock Exchange has roped in S&P Dow Jones Indices to use the S&P brand for Sensex and other indices such as BSE 200 and BSE 100, a week after expiry of the global financial major's pact with rival exchange NSE.

MCX-SX to introduce liquidity schemes

mumbai: MCX Stock Exchange said it will introduce incentive schemes for brokers and intermediaries to enhance liquidity in the equity and derivatives segments from next month.

Espirito Santo enters i-banking in India

mumbai: Espirito Santo Securities India on Tuesday said it has forayed into the investment banking space and has appointed George Mathew as head of Investment Banking.

SSTL seeks temporary licence for business

new delhi: Sistema Shyam Teleservices (SSTL) has written to the government seeking a temporary licence, in case Supreme Court orders it to close operations, till the time auction process is completed.

'CCEA to take up IKEA proposal soon'

new delhi: The Cabinet Committee on Economic

Affairs is likely to take up Swedish home furnishings retailer IKEA's Rs 10,500 crore investment proposal soon, commerce and industry minister Anand Sharma said.

BMW recalls 750K cars due to electrical issues

New York: BMW is recalling about 7,50,000 of its vehicles in the United States, Japan, Canada and South Africa due the chance of an electrical failure that may cause the cars to stall unexpectedly.

Mercedes launches premium SUV G63

Mumbai: Mercedes Benz on Tuesday rolled out its premium sports utility vehicle G63 priced at Rs 1.45 crore (ex-showroom Mumbai), which will replace the G55 AMG launched two years ago.

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