Indian equities attracted the biggest foreign investment in seven years in March, receiving a major chunk of inflows into Asia. Overseas investors bought $4.96 billion worth of Asian shares in March, data from stock exchanges in South Korea, Taiwan, India, Thailand, the Philippines, Indonesian and Vietnam show, of which Indian stock...
GMEX and India’s Metropolitan Stock Exchange to Collaborate
London-based GMEX Group and the Metropolitan Stock Exchange of India will collaborate to develop technology-driven products to enhance India’s capital markets. As part of the proposal, GMEX will acquire a 5% stake in the Exchange, and its subsidiary, the Metropolitan Clearing Corporation of India. The collaboration includes product development in...