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The path to ending the custody dispute between the National Stock Exchange of India Ltd. and Singapore Exchange Ltd. passes through a parable involving three kids and a flute.
A minor domestic quarrel has turned into a major court battle over who gets to trade the benchmark Indian index.
The Indian side wants exclusive rights over the Nifty 50. Singapore, where a dollar version of the gauge has changed hands for 18 years under a license, isn’t ready to lose the privilege, or profit. A judge in Mumbai recently ordered the partners to stay married at least for the rest of this
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