BSE, S&P Dow Jones to part ways

India Business Journal - - MISCELLANEOUS -

Asia's old­est bourse BSE has de­cided to snap ties with S&P Dow Jones, which man­ages and op­er­ates bench­mark Sen­sex. BSE is plan­ning to de­velop in­dices through its own in­house de­vel­op­ment team, ac­cord­ing to the stock ex­change. The two en­ti­ties had an­nounced a joint ven­ture, Asia In­dex, in 2013 to pro­vide an ar­ray of in­dices, en­abling global and do­mes­tic in­vestors to par­tic­i­pate in South Asia's vi­brant economies.

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