* Shares in Bharti Infratel Ltd rose 1.3 percent after the FTSE said on Friday it would include the mobile tower company to its large cap index starting on Jan. 7, with an investability weighting of 9 percent. * Market participants said the move was sentimentally positive, and would prompt buying from passive trackers of the FTSE indexes. * Bharti Infratel shares slumped 13 percent on its listing day on Friday, weighed by cautious outlook for the mobile tower operator.
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Maggi in a soup
Nestle India Ltd will focus on growing its dairy, coffee and confectionary businesses, its new boss said, as the company battles to bring back its popular Maggi noodles that were pulled from shelves over safety concerns. Full Article