Kotak Group-promoted ACE Derivatives and Commodity Exchange Limited on Wednesday said it has received the final license for launching a national multi commodity exchange from the government. The......
The Kotak group is set to launch the country's fifth national commodity exchange, in association with the Ahmedabad Commodity Exchange (ACE), in which it is picking up a majority equity stake as an......
As the rally in precious metals takes centre stage in 2025, most analysts recommend a larger allocation to gold over silver despite the latter’s outperformance this year. Photograph: Arnd......
The regulator asked all exchanges to have half the board comprise independent directors. Anchor investors were to have board seats to the extent of equity held and the chairman must be an......
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......