State bank News
Rajesh Bhayani: Comexes wait for critical mass
The United Commodity Exchange (UCX) is getting ready to enter the crowded space of the Indian commodity futures market. The exchange is in the final round of discussions with domestic and foreign private sector investors to sell a nine per cent stake for which it expects a premium — despite the fact that it is yet to start operations. This is not an unreasonable expectation given that Oman Investment
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