LIC puts Rs 613-crore KSK Mahanadi debt on the block https://ift.tt/0XiwFOk offer of ₹188 crore from the Ahmedabad-based ARC has triggered a Swiss challenge auction, and on Wednesday, LIC invited counter offers from other ARCs, the people said. Rare ARC, being an anchor bidder, will have the first right to match the counteroffer.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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