MUMBAI, March 1, 2024: S&P Dow Jones Indices ("S&P DJI"), the world’s leading index provider, announced today that it is in discussions to divest its equity stake in Asia Index Private Limited, its joint venture in India with the BSE.
S&P DJI views India as an important part of its global strategy and will continue to independently operate and maintain offices and staff in the country.
S&P DJI has been actively operating in India since 1999 through various partnerships and has helped promote and advance market transparency and education through its independent and trusted global indices and benchmarks, enabling both domestic and international investors to participate in the growth of India’s market and economy over the years. S&P DJI plans to continue serving the Indian market through its global index offerings.