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Reliance Capital has made a bid to buy a sizable stake in Multi Commodity Exchange (MCX), India's biggest commodity exchange earlier controlled by Jignesh Shah's Financial Technologies India Ltd. MCX for above Rs.750 per share and reportedly has
IL & FS Securities Services Ltd to mobilise individual savings by penetrating rural areas of West Bengal, Jharkhand, Bihar, Orissa and the north-eastern states under the National Pension System of the government of India...IL & FS as the point of
The Forward Markets Commission (FMC) is considering plans to upgrade its integrated monitoring system in a few months. This will help the commodity market regulator to keep a close watch on possible speculative or illegal trading on commodity bourses.
National commodity bourses are gearing up to launch new products this year on the back of growing interest by small investors...The second-biggest commodity exchange in India recorded a turnover of Rs 98,010 crore during the first two weeks of
The Economic Monitor Subscribe to The Economic Monitor to get the day's most relevant news, data and anlaysis . Sample The move was welcomed by analysts and market players, who said it would allow the introduction of new products and attract
IST(12/8/2010) India has given permanent recognition to Kotak Mahindra Bank promoted ACE Derivatives and Commodity Exchange as a national level commodity bourse status, the bank said in a release late on Wednesday. ACE Derivatives and Commodity