The launch of turmeric futures was done in Sangli, the turmeric city of Maharashtra.
Premier stock exchange BSE has entered into an agreement with the Bombay Metal Exchange (BME) for the growth and systematic development of commodity derivatives markets in the non-ferrous metals complex
The forum provides the countries a platform to share, exchange and promote the technologies, experiences for the rapid growth and development of capital markets and works towards the regional as well as global integration.
Changes in the transaction charges for trading on the exchange are revenue neutral but brings India in-line with the world, said Ashishkumar Chauhan, MD & CEO, BSE.
Yesterday, HDFC Ltd and IREDA successfully raised Rs 1,498 crore and Rs 200 crore respectively by issuing bonds on private placement basis, which has helped achieve the Rs 2 lakh crore milestone.
Leading stock exchange BSE expects to have 200 companies listed by June on its SME platform, an exclusive platform it has launched for raising of funds by small and medium enterprises.
The index will measure the performance of the subsequent 50 largest index-eligible stocks outside the S&P BSE Sensex 50.
BSE has been able to grow its operating income gradually even in the midst of major business reorganisations over the past five years, says MD & CEO Ashishkumar Chauhan in a post-listing interview to CNBC-TV18.
Premier stock exchange BSE's IPO pricing is "fair" and is based on robust feed back from institutional investors, according to investment bankers.
BSE's India International Exchange at GIFT city will go live for trading post the festival of 'Makar Sankranti' later this month, and will offer only derivative products for the first six months at least.
BSE is planning to invest Rs 500 crore for setting up the international exchange, which will offer a variety of international products. The international exchange would initially start off with derivatives products.
"As of now, 146 SMEs have already got listed at BSE SME exchange and we have raised Rs 1,100 crore through those SMEs, whose combined market cap has crossed of Rs 10,000 crore mark over past four years," BSE MD and CEO Ashishkumar Chauhan said here today.
In a bid to prevent black money being invested in shares, India's oldest stock exchange BSE has created various price bands for scrips on weekly, monthly, quarterly and annual basis for early deduction of illegal money flows.
"BSE plans to set up a commodity derivative segment as soon as approvals are in place. It would consist of non-agricultural commodities like metal, oil and gas," BSE Managing Director and CEO Ashishkumar Chauhan said.
India stands out among developing economies in its adoption of high frequency trades (HFT) but it has no dedicated practices for differentiating or monitoring such complex automated systems, a top official of leading stock exchange BSE said on June 20
These companies, which are planning to list on BSE's SME platform, are expected to float IPOs in the coming months.
"The IPO pipeline is good, which shows that confidence among the companies. We are expecting 30 SME IPOs in the next three months," BSE MD and CEO Ashishkumar Chauhan said here.
"25 years back in 1991, there were three crore investors, today there are less. What has been done wrong, probably we need to introspect", he said.
The Bihar Assembly election results today showed Nitish Kumar-led Grand Alliance getting a huge majority after defeating the BJP-led National Democratic Alliance (NDA) in the politically important state.
This is on top of 17 SMEs already got listed on capital markets with public issues worth Rs 134 crore in the first five months (April-August) of the ongoing fiscal. In addition, several companies had launched their initial public offerings (IPOs) last month.
In a separate tweet, the exchange also said that it is now the world's fastest exchange. The bourse's high speed BOLT PLUS system is already the fastest trading platform in the country with a response time of 200 micro seconds for trade executed on it.
Stock exchange BSE has dropped its plan to set up a separate commodity bourse and instead has sought regulator Sebi's approval to start a separate segment on its platform for trading in commodities.
The new index-S&P BSE India Manufacturing Index--is launched at a time when manufacturing sector is expecting a big boost from the government's 'Make in India' initiative. The index is a measure for production and manufacturing activities in the country.
With an aim to remove unnecessary restrictions in the currency derivative markets, a committee on Indian Financial Sector will also shorty submit a report to the government on proposal to revamp this segment.
Talking about the transformation Indian equity market has seen in the last 15 years, Ashish Kumar Chauhan, MD & CEO, BSE said India has cleaned up quite a lot of its operational issues in terms of the transaction processing and there is total automation now.