Worried over the dispute, MSCI CEO Henry Fernandez feels the issue will end up leaving international investors really vulnerable in one of Asia's biggest markets.
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."
As usual, analysts are predicting a profit bounty for Indian firms. What’s cheering bulls today is that analysts have gotten a little better at their jobs.
Committee of Administrators has not cleared agreement to appoint a tax advisor to BCCI to avoid questions of possible conflict of interest for Limaye.
RUHI TEWARI
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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