This will follow Israel's exit from the Index and entry into the MSCI World Index, comprising developed markets.
Despite some debate on whether this is the best time to launch a new fund, Emerging Global Advisors, a New York-based research and asset management firm specialising in emerging markets, plans to launch the EG Shares Indxx India Infrastructure Index Fund within the next couple of weeks.
Global IT major Oracle plans to use its Indian acquisition i-Flex to acquire more customers in the banking sector. Their joint sales pitch has now fetched them their first client among US retail banks
General Motors' Saturn Aura won the 'Car of the Year' at the North American International Auto Show this year.
The much talked about film 'Blood Diamond' accuses the diamond industry of profiting from the misery of civil war ravaged Africans, through the trade in conflict diamonds.
Indian IT services major TCS will open a global delivery centre in Mexico next year.