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    • FTIL shares fall, GK Pillai resigns as chairman of MCX-SX

      After a board meeting, the MCX Stock Exchange (MCX-SX) announced that FTIL and MCX have been re-classified from the category of promoter shareholder to public shareholder.

    • Sebi, govt want MCX-SX directors to not quit: Sources

      While a board meeting is scheduled for Friday, the chairman and other ‘public interest directors‘ of MCX-SX have expressed their desire to quit in the wake of a preliminary enquiry registered by the CBI on Thursday into grant of licence to the exchange way back in 2008 and the subsequent renewals.

    • Fin Tech slips 5% on CBI's preliminary enquiry against co

      CNBC-TV18 reported quoting sources that Central Bureau of Investigation (CBI) has registered a preliminary enquiry against former SEBI chairman, Jignesh Shah-led FTIL and MCX, among others.

    • Is enquiry against CB Bhave a 'fishing expedition'?

      Given the developments that took place in the run-up to the issue of grant of license, it appeared that the dispensation led by CB Bhave at Sebi was hardly in favour of the MCX group.

    • MCX-SX board meet: Co says business as usual, but is it?

      Even as the National Spot Exchange Ltd (NSEL) crisis is seen to be engulfing its sister firm, the MCX-SX, the stock exchange -- which is holding a board meeting today -- is trying to portray a picture of normalcy.

    • How did EOW not find Rs 36 lk at Sinha's home that CBI did?

      CBI is probing the regulator's decision to approve MCX-SX (the currency and equity trading platform of MCX) in 2008 and renew recognition in 2009 and 2010.

    • CB Bhave, Abraham under CBI lens over MCX-SX licence grant

      According to the CBI, the PE was registered on issues of alleged irregularities in granting sanction to the MCX-SX by Sebi in 2008 and renewing the recognition in 2009 and 2010.

    • 'Pranab pressured Sebi to go easy on RIL, save Rs 1,500 cr'

      A month-and-a-half before he demitted office, former Sebi member KM Abraham wrote an anguished letter to the Prime Minister alleging pressure from Finance Minister Pranab Mukherjee and his advisor Omita Paul to “manage” cases against powerful corporate groups which were being investigated by Sebi.

    • SEBI & The Smell Test!

      The issue of regulatory independence has hit a new low, thanks to a 3-way war of words involving Dr KM Abraham, Former Whole Time Member at SEBI; UK Sinha, current SEBI Chairman and the Finance Ministry.

    • KM Abraham's charges defamatory; devoid of truth: Fin Min

      A former SEBI member has alleged that Pranab Mukherjee was trying to undermine the market regulators integrity. CNBC-TV18's Siddharth Zarabi says relationships between the regulator and the finance ministry have hit a new low.

    • Citi fraud highlights regulatory gap in wealth mgmt service

      The fraud at Citibank has led to a shocking discovery -- the regulation of wealth management services offered by banks is an underdeveloped area that requires more bandwidth. CNBC-TV18’s Gopika Gopakumar and Tanvi Shukla report.

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