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."
Ship of Theseus director Anand Gandhi moved to Goa to synthesise big ideas and build an Indian sci-fi mythiverse with MAYA. ‘In a way, the job title in the East for this enterprise is the Buddha.’
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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