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Vijay Mallya condoles Anita Goyal's death, questions demise of Jet Airways and Kingfisher Airlines, expresses sympathy for Naresh Goyal. Jet Airways is accused of financial irregularities, including diverting funds and settling loans.
Anita Goyal, wife of Jet Airways founder Naresh Goyal, died after battling cancer. | Trending
Global index services provider MSCI has included 13 Indian stocks in its Global Standard Index and removed three. That takes the total count of domestic stocks on the MSCI indices to 146, up from 136.
Global passive funds, such as exchange-traded funds, structure their portfolios based on these indices. Any change in composition prompts these funds to adjust their allocations. The newly included stocks are JSW Energy, Canara Bank, Indus Towers, PB Fintech, Sundaram Finance, and NHPC. Berger Paints has been dropped, while Indraprastha Gas and Paytm's parent, One 97 Communications, have been downgraded to the small-cap index.
Anita Goyal, wife of Jet Airways founder Naresh Goyal, passed away on Thursday after battling illness. Naresh, who was seeking interim bail to be with