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MSCI removes Swiggy from Global Standard and Mid Cap indexes

MSCI announced on Sept. 2 the removal of Swiggy from the MSCI Global Standard Index and MSCI Mid Cap Index, after the platform was included for about a year.

SWIGGY

New Delhi, Sept.

2 -- It appears that Swiggy shareholders could face further pain in the share price as global index provider MSCI on Wednesday, 2 September, announced the removal of the food delivery platform from its flagship MSCI Global Standard Index and MSCI Mid Cap Index, just a year after it…