Kotak Mahindra Bank is set to pick up a 15% stake in Multi Commodity Exchange of India from Financial Technologies India Limited. The deal is valued at Rs. 459 crore and is subject to approval from market regulator SEBI. FTIL’s latest agreement to sell stake will reduce its shareholding in MCX to 5%.
Archives
FT
WSJ
- The 'Fascist' Meme Returns October 20, 2024Why the public isn’t buying this Democratic claim about Trump.
- Cuba Can't Keep the Lights On October 20, 2024The socialist model is beset by constant food and energy shortages.
- After Sinwar, the ICC Stands Exposed October 20, 2024Israel has stripped the International Criminal Court of its fig leaf.
- The 'Fascist' Meme Returns October 20, 2024