Eavesdropper

Written by The Financial Express | Updated: Feb 28 2012, 07:18am hrs
What rivalry

Despite the spat between the Multi Commodity Exchange of India and the National Stock Exchange of India a year ago, the two are irrevocably linked, and how! MCXs Red Herring Prospectus shows that NSE has 2.45% shareholding in MCX as a corporate body. In the past, MCX and its promoter company Financial Technologies had stake in NSE, but these have been sold since.