Following the expiry of the agreement, S&P CNX Nifty Index has been renamed as CNX Nifty Index. The ‘S&P’ trademark has also been dropped from the names of other indices of the National Stock Exchange
International financial market indexing and ratings major Standard and Poor’s (S&P’s) has ended its licensing agreement for benchmark indices of the National Stock Exchange, following which the Indian bourse cannot use S&P name for any of its products.
S&P had a licensing arrangement with India Index Services & Products (IISL), a joint venture between NSE and Indian ratings agency and S&P group firm Crisil, under which the Indian bourse was using S&P trademark in the names of its various indices including market benchmark Nifty.
However, the licensing agreement has expired with effect from 31 January 2013, IISL said in a statement today.
Following the expiry of the agreement, S&P CNX Nifty Index has been renamed as CNX Nifty Index, while ‘S&P’ trademark has also been dropped from the names of other indices—namely Defty, Nifty Dividend, CNX 500, Nifty Shariah, CNX 500 Shariah and CNX Industry Indices.
Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
Fiercely independent and pro-consumer information on personal finance.
1-year online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
30-day online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
Complete access to Moneylife archives since inception ( till the date of your subscription )
