Oct 17, 2014 at 12:31 | Source: CNBC-TV18
FMC has asked ICEX to submit a business revival plan within a week or it may be asked to shut shop in case of delay in submitting the plan.
Oct 13, 2014 at 17:44 | Source: PTI
The levy of Rs 5 per lakh on incremental open position will be applicable from October 15. However, the exchange has decided to levy risk management fee only on commodities categorised in list "A" group, a NCDEX release said.
Oct 10, 2014 at 16:34 | Source: CNBC
Coal companies, especially US-based ones competing in the export market, are a particular concern, she said. Faced with oversupply, thermal coal prices have fallen to near five-year lows, while the US dollar index has risen as much as 8.3 percent so far this year.
Oct 07, 2014 at 08:28 | Source: Moneycontrol.com
Brent crude has gone to USD 92-93 a barrel compare to WTI only to a premium of USD 2 per barrel and other global commodities are at multi month lows.
Oct 01, 2014 at 16:09 | Source: PTI
Abhishek, a 1982 batch officer of the Indian Administrative Officer (Bihar cadre), is continuing as chairman of the commodity markets regulatory body FMC on a three months' extension that will end next week.
Sep 30, 2014 at 16:50 | Source: PTI
New contracts in commodities such as gold, silver, aluminium, lead, nickel, zinc, copper, crude oil, crude palm oil, mentha oil, cardamom, cotton, cotton seed oilcake will be launched for futures trading with effect from October 1, the exchange said in a separate circular.
Sep 29, 2014 at 20:08 | Source: PTI
"FTIL today completed the sale of 15 per cent equity stake in Multi Commodity Exchange of India (MCX) to Kotak Mahindra Bank for a consideration of Rs 459 crore. With this, FTIL's shareholding in MCX is nil," Jignesh Shah-led company said in a statement.
Sep 29, 2014 at 15:23 | Source: Moneycontrol.com
On September 29, 2014, Kotak Mahindra Bank has completed the purchase of 76,49,755 equity shares aggregating to 15 percent equity stake in Multi Commodity Exchange of India Ltd, from Financial Technologies (India) Ltd., for a consideration of Rs. 459 crore.
Sep 26, 2014 at 12:10 | Source: Moneycontrol.com
"The board of directors of the company on Thursday approved master amendment to principal agreements (agreement) to be entered into with MCX for continued provisions of software support and managed services on mutually agreed terms & conditions," said FTIL in its filing.
Sep 26, 2014 at 09:58 | Source: CNBC-TV18
Rajat Bose of rajatkbose.com is of the view that one may avoid Punjab National Bank and Bank of India.