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FTIL's stake sale: Forward Markets Commission to meet on May 6

Commodity markets regulator FMC will meet on May 6 to decide the next course of action against MCX as the deadline for complying with its order to ensure that erstwhile promoter FTIL reduces its......

Jignesh Shah exits MCX

Financial Technologies India Ltd promoter Jignesh Shah on Monday exited the Multi Commodity Exchange, the country’s largest commodity bourse that he founded in 2003, with FTIL signing an......

MCX prepares ground for complete FTIL exit

Multi Commodity Exchange has decided to ask National Securities Depository Ltd to unfreeze five per cent stake of its erstwhile promoter Financial Technologies. This has been done to make way for......

Kotak to buy 15% stake in MCX for Rs 459 cr

Kotak Mahindra Bank has decided to buy a 15 per cent stake in Multi Commodity Exchange (MCX) for Rs 459 crore (Rs 4. 59 billion) from Financial Technologies India (FTIL). The deal values MCX at Rs......

Court extends police custody of Jignesh Shah

The sessions court on Thursday extended the police custody of the Financial Technologies and Multi Commodities Exchange (MCX) promoter Jignesh Shah and former managing director and chief executive......

Jignesh Shah arrested in NSEL scam

The Financial Technologies and Multi-Multi Commodities Exchange (MCX) promoter Jignesh Shah was arrested on Wednesday by the economic offences wing (EoW) of Mumbai Police for his alleged......
  Web results for National Multi Commodity Exchange
Tax impact of the FMC-Sebi merger for commodity traders

Under the Income-tax Act, 1961, business losses from speculative transactions can only be set off against business profits from speculative... ...
PepsiCo Reports Third Quarter 2015 Results and Increases Full Year Core Constant Currency Earnings Outlook

Core gross margin expanded 120 basis points Core EPS was $1.35 Core constant currency EPS increased 14 percent Reported (GAAP) results Net... ...
When is a corporate disaster a value pick?

Investing in equity is a long-term affair. And often the road gets rocky. Besides the short-term market noise, occasionally you will find some real... ...
HC junks NSEL plea against depositor-protection Act

The Bombay High Court on Thursday dismissed a petition filed by National Spot Exchange Ltd (NSEL) challenging the applicability of a tough law that... ...
Is It Working For Manufacturing?

By Ajay Kumar Indian manufacturing's relatively poor performance was becoming more worrying and visible in terms of declining growth rates and its... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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