Ucx

The UCX's offer comes after India's commodity markets last month ordered major shareholder Financial Technologies (India) Ltd to cut its stake to 2 percent or less after calling the company not "fit and proper" to run an exchange.

Bullion association to join UCX-led bid for MCX

After news that a group led by Universal Commodity Exchange (UCX) was keen to pick up stake in Multi-Commodity Exchange (MCX), it has emerged that the Bombay Bullion Association (BBA) will also be part of the consortium.

India's Universal Commodity Exchange's CEO resigns

India's Universal Commodity Exchange's Chief Executive Samir Shah resigned on July 5, citing personal reasons, about a month after he joined the company.

IDBI Bank buys 10% in Universal Commodity Exchange

IDBI Bank has bought 10% stake in Universal Commodity Exchange (UCX), which is yet to start operations, for 100 million rupees, the Economic Times newspaper reported.