Fmc

These are in addition to the existing 44 such projects that CIL is actively pursuing under the two phases.

NSEL investors appeal to PMO, corporate affairs ministry to fast track case, help settle dues

The letter also spoke in support of Ramesh Abhishek - the former Chairman of FMC and current Secretary of DIPP – who took action against 63 Moons and its promoters.

CBI FIR details how rules were bent to help set up MCX

The CBI FIR lays bare violations that allegedly took place in order to help set up the commodity exchange.

Final norms for options trading likely in 2 weeks: MCX

Speaking to CNBC-TV18 Mrugank Paranjpe, MD, MCX said that he believes the final contours for options trading from SEBI might come in 2 weeks.

MCX chief says FMC, Sebi merger was the right thing to do

In an interview with CNBC-TV18, Mrugank Paranjape, MD & CEO, MCX, says that Donald Trump's win in the US presidential election took markets by surprise. But, now it has factored in the news and the markets did rebound.

63 Moons Tech's arm signs pact to sell stake in Bourse Africa

In a BSE filing, the company said, "Our subsidiary FT Group Investments Pvt Ltd (FTGIPL) Mauritius has entered into an amended SPA (Share Purchase Agreement) with CAHL for sale of its 100 percent stake in Bourse Africa Ltd (BAL), Mauritius for USD 10.50 million."

Sebi bars Commex from levying special margins in spread trades

With an aim to provide greater liquidity to the market, regulator Sebi today barred commodity exchanges from levying special margins in case of spread trades.

Efforts under way to deepen corp bonds mkt, mutual funds: Sinha

Terming investor as 'the most important person in the securities market', Sebi Chairman U K Sinha today said efforts are under way to deepen the corporate bonds market and widen mutual funds penetration and strengthen the commodities market.

In spotlight: Jignesh Shah and his journey so far

Back in the news over the Rs 5,600-crore NSEL scam, Jignesh Shah has seen many ups and downs since the inception of Financial Technologies (India). Here's a timeline that chronicles his days right from the day he incorporated Financial Technologies.

Need level-playing field for algo trades, Sebi tells brokers

During a meeting with brokers, Sebi chief discussed a range of issues, including cyber risks, ways to attract more retail investors into the capital market and boost commodity derivatives trading.

Sebi mulls launching new commodity market products

Market regulator Securities and Exchange Board of India (SEBI) is considering launching new products in the commodity markets this year.

Bhattacharya says she will continue to helm SBI

There are media reports that Bhattacharya, who is a first woman chairperson of SBI in its over 200 years of history, is among the front-runners for the post of Sebi chairman after the current chairman UK Sinha's tenure ends on February 17

Modi rally peters out in 2015; what's the outlook ahead?

2015 was a roller coaster ride for the Indian equity markets. The benchmark indices hit all time highs, commodity prices cooled, crude prices plummeted and finally the much anticipated Fed lift-off took place.

Hope mobile trading will see larger impact: NSE

As Nifty completes 20 years, a rebranding is in the offing. In addition, the merger of Forward Markets Commission (FMC) with Securities and Exchange Board of India (SEBI) is also an event that has a great policy relevance, says Chitra Ramkrishna, MD & CEO, NSE.

Financial Technologies posts net loss of Rs 35 crore in Q2

The company had reported a net profit of Rs 327.41 crore in the year-ago period. The total income during July-September quarter of the current fiscal fell to Rs 66.88 crore from Rs 213.97 crore in the year-ago period, as per company's BSE filing.

Hunt for next Sebi chief: FinMin unhappy with applications

The prominent applicants include Ramesh Abhishek, former FMC chairman, Subir Gokarn, former RBI deputy governor, Rajeev Kumar Agarwal, Sebi Member, Thomas Mathew, former joint secretary, Capital Markets, Arvind Mayaram, former DEA secretary

Sebi favours allowing FPIs in commodities derivative mkt

Without giving any specific timeframe, Sinha said Sebi's first priority would be to develop trust in the commodities market, after which it would focus on its development by allowing participation by banks and foreign portfolio investors (FPIs), among others, over a period of time.

FMC-Sebi merger: Huge leap forward, says Deena Mehta

Deena Mehta, MD, Asit C Mehta Investments, says volumes are a function of demand and supply, but what is more important is to create an environment that can facilitate huge volumes to be trades and in a manner that every participant can feel confident that there is a regulatory backup

Jaitley rings in FMC-Sebi merger

Finance Minister Arun Jaitley had announced the merger of FMC with the capital market regulator Sebi to strengthen the regulation of commodity futures market.

The SEBI-FMC Merger!

The SEBI-FMC Merger!

What will be the impact of FMC-Sebi merger?

SEBI regulations do not allow brokers to undertake any other activity. Currently, many brokers undertake merchant activities in gold, metals and agri commodities. Commodity exchanges have sought relaxation of these rules for brokers

Damodaran flays SEBI-FMC merger, idea of super regulator

Former Sebi chairman M Damodaran today criticised the move to set up a super regulator for all financial sectors and said what is needed instead is more freedom and autonomy for the regulators.

'Sebi may see more investor complaints after FMC merger'

The study also observed that "good news" about the capital market regulator's performance in securities dispute resolution is not getting across the market.

SEBI to retain 23 members from FMC

FMC comprises of total 41 permanent members. From this, 15 officials will join SEBI as permanent members and another eight will join for a term of two years.

Commexes turnover rises 13.55% till Aug 15

The exchanges had clocked a business of Rs 22.40 lakh crore in the same period last year, commodity markets regulator Forward Markets Commission said in a statement. Much of the volumes were generated in energy items like crude oil, followed by metals and agricultural commodities.