Even if the National Stock Exchange succeeds in getting an injunction against Singapore Exchange, SGX won’t be the only loser. Global money managers will also be affected.
The National Stock Exchange of India sued Singapore Exchange Ltd. in a Mumbai court, posing a threat to one of the most widely used offshore futures contracts by investors worldwide.
SGX is, in fact, turning the Nifty into a giraffe, which, as economist Hans Singer once famously quipped, is "difficult to describe, but you know one when you see one."
New Delhi: During Operation Sindoor, the United States which had received intelligence suggesting that India had launched BrahMos cruise missiles to strike targets inside...
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