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News tagged with “mcx”. Found: 158 tagged news reports.
 

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Mumbai :: India | 1 day ago

Credibility Credibility of 5

The deal values MCX at Rs 600 a share, a discount of nearly 24 per cent to Friday's closing price of Rs 783.5 on the National Stock Exchange. Also, there is a steep discount to the price at which MCX issued shares to the public in March 2012 (Rs 1,

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Mumbai :: India | 1 day ago

Credibility Credibility of 5

Private sector lender Kotak Mahindra Bank has agreed to buy a 15 percent stake in Multi Commodity Exchange of India (MCX) for 4.59 billion rupees ($76.1 million), the bank said in a statement late on Sunday. Kotak will purchase the stake from bourse

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Mumbai :: India | 18 days ago

Credibility Credibility of 5

Bullion traders in places like Ahmedabad, Mumbai and Kolkata, who procured gold at cheap rates, have been selling bars at a discount of Rs 10,000-15,000 a kg over the past few days to prevent inventory loss from a possible import duty cut on the

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New Delhi :: India | 21 days ago

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Public sector lender Corporation Bank today exited from MCX by selling its over 58,000 shares in the exchange for about Rs 3.60 crore. In a filing to the BSE, MCX informed that Corporation Bank has sold 58,053 shares in the company representing 0.11

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Mumbai :: India | 1 month ago

Credibility Credibility of 5

MCX's shareholders voted for a special resolution, empowering the exchange's board to transfer the stake of a shareholder found not `fit and proper' to an escrow account and sell the same on its behalf to ensure compliance with revised regulatory

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Mumbai :: India | 1 month ago

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While Section 397 of the Act relates to application for relief in cases of oppression, Section 398 is for relief in cases of mismanagement...Sebi or FMC's regulatory domain also witnessed changes in its management and board.

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New Delhi :: India | 1 month ago

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Commodity markets regulator FMC today said it has not approved a proposal by MCX to launch new contracts beyond August as part of a strategy to put pressure on the exchange to comply with its order on reduction of the stake held by the former

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Mumbai :: India | 1 month ago

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Shah and former managing director and chief executive of the commodity exchange Shreekant Javalgekar were arrested in the alleged fraud case on May 7. The sessions court is now likely to hear their bail applications on June 2...Besides being the

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Mumbai :: India | 1 month ago

Credibility Credibility of 5

The restructuring committee of the board of Financial Technologies (India) Ltd will meet on May 30 to review the divestment process in MCX ...The board noted that discussions have not yet been completed. The investment banker expects finality to the

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Mumbai :: India | 1 month ago

Credibility Credibility of 5

Praveen Kumar Singhal , deputy MD at Multi Commodity Exchange (MCX), has been appointed interim CEO of the country's largest commodity bourse, following the resignation of its MD & CEO, Manoj Vaish , earlier this month. Singhal, who will hold charge

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