India Index Services & Products Ltd. (IISL) is a joint venture between the National Stock Exchange of India

National Stock Exchange of India

The National Stock Exchange is a stock exchange located at Mumbai, Maharashtra, India. It is the 9th largest stock exchange in the world by market capitalization and largest in India by daily turnover and number of trades, for both equities and derivative trading. NSE has a market capitalization...

 Ltd. (NSE) and CRISIL

CRISIL

Credit Rating and Information Services of India Ltd. a global analytical company providing ratings, research, and risk and policy advisory services....

 Ltd. (formerly the Credit Rating Information Services of India Limited). IISL has been formed with the objective of providing a variety of indices

Stock market index

A stock market index is a method of measuring a section of the stock market. Many indices are cited by news or financial services firms and are used as benchmarks, to measure the performance of portfolios such as mutual funds....

 and index related services and products for the capital markets.

IISL has a consulting and licensing agreement with Standard & Poor's

Standard & Poor's

Standard & Poor's is a United States-based financial services company. It is a division of The McGraw-Hill Companies that publishes financial research and analysis on stocks and bonds. It is well known for its stock-market indices, the US-based S&P 500, the Australian S&P/ASX 200, the Canadian...

(S&P), for co-branding IISL's equity indices.