S&P Dow Jones Indices LLC is planning to divest its stake in Asia Index (AIPL), an index provider. AIPL ? responsible for compiling and maintaining the popular Sensex and the Bankex indices ?

is an equal joint venture between the US-based firm and BSE Limited (NSEI:BSE). ?S&P Dow Jones Indices (S&P DJI) is in discussions with the BSE to divest its stake in Asia Index Private, its joint venture with BSE. The BSE will share further updates in due course,?

said a spokesperson. According BSE?s website, the exchange had entered into a strategic partnership with S&P Dow Jones in February 2013.