Department seeks investor database on the suspicion of fictitious investors.
At 12-15 tonnes, the imports in September are estimated to be much lower than in the same month last year.
The Sebi Act deals with securities and the definition of securities, according to the Securities Contracts Act, doesn't include commodities.
Laxity in enforcing KYC and allied norms suspected; money laundering gaps also on probe panel's mind
After defaulting for a consecutive time in paying its investors, National Spot Exchange Ltd (NSEL) got a Rs 177-crore (Rs 1.77 billion) lifeline from its main promoter, Jignesh Shah-run Financial Technologies.
Slew of resignations at NSEL over past month in the wake of scrutiny; MCX gaps caused by new-age norms for commexes.
Exchange to reply to FMC's letter soon, CEO says buyers can't be declared defaulters where there is 'market disruption'.
Brokers have only kept guarantees for which they have open positions.
The mood at the Indian Institute of Management, Ahmedabad (IIM-A) is festive, with one of its alumnii, Raghuram Rajan taking over as the next Reserve Bank of India (RBI) governor.
Imports in July 2012 were 65 tonnes, said a bullion analyst.
Govt restrictions on import biting deep; trade petitions for relief with units, workers idling.
Ratio trading in gold and silver prices is a trading tool.
Rupee depreciation pushes apparel exporters' margins by 5-7%.
With Ju-C, the beverage maker launches a price war in the fruit juice space.
Ruing the fact that brand loyalty has been replaced by mere brand sales, AGK, as Krishnamurthy is popularly known, said unlike earlier, today, brands and their agencies plan for a quarter at a time.
However, other commodities yet to see meaningful recovery in global markets
Gems & jewellery exports seen rising, too, as demand remains strong in all markets except Europe.
B-schools cite high inflation and rising operational costs behind the move.
They are facing tough competition from Bangladesh and Vietnam.
Kurien was always clear that the cooperative was a business model, says Amrita Patel.
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