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COMMEX
Binance to sell Russia business to crypto exchange CommEXBinance will have no ongoing revenue split from the sale, nor does it maintain any option to buy back shares in the business, the world's l...- Sebi imposes Rs 10.25 cr fine on Commex Technology in GDR manipulation caseSebi noted that loan agreement and pledge agreement, enabled Vintage to avail loan from EURAM Bank for subscribing to GDRs of Commex. Furth...
- GDR manipulation: Sebi bans Commex Technology for 5 yearsThe regulator after conducting a probe found that the firm issued 1.91 million GDRs worth USD 9.99 million on May 25, 2009, on the Luxembou...
- What is a commodity exchange?Just the way one invests in stocks through a stock exchange, one can invest in a commodity through a commodity bourse.
- Budget 2014: Commex trades not speculative if commodity transaction tax's paidThis is because Budget spells out that such offsetting of transactions can be done only in respect of commodities traded on recognised asso...
- No age bar for appointing Commex managing directorThe age bar of 60 for a managing director and 70 for an independent director in a commodity exchange has been removed
- Private investors barred from buying big stakes in commexesThe new rules, released by regulator FMC, allow MCX to cancel the voting rights of promoter FTIL and withhold any benefit till stake sale.
- Commexes turnover dive 60 pc to Rs 2.84 lakh crore in first fortnight of OctoberCommexes turnover nosedived by 60 per cent to Rs 2.84 lakh crore during the first fortnight of October, according to FMC.
- Govt yet to notify head for Commexes’ CTT depositsCommodity exchanges have collected around Rs 80 crore through transaction tax from six commodity futures bourses since the levy was introdu...
- Commexes' turnover dips 6 pc in FY13; first time in last 5 yearsDuring the 2011-12 fiscal, the combined turnover of 20 commodity bourses had grown by more than 50 per cent to Rs 181.26 lakh crore, it sai...
- Heard on the street: Commex Tech climbs 24 pc after govt nodShares of Commex Technology, earlier known as IT People, have jumped by 24 per cent on BSE since Friday.
- Commexes turnover up nearly 4 pc in April-MayThe turnover of commodity exchanges in the country rose marginally by around 4 per cent to Rs 26.90 lakh crore in the first two months of t...
- Commex tech looks to sell up to 10% in UCX to SBIOman Investment Fund recently received the FIPB approval to pick up 5% in the bourse for 13.75 crore at a premium of 17.5 per share.
- Oman Investment Fund seeks government nod for UCX stake buyOman Investment Fund (OIF)has filed a fresh application with the government to buy a stake in Universal Commodity Exchange.
- Kotak Group to dilute 11 pc stake in Ace Commodity ExchangeKotak Group, the promoter of Ace Derivatives and Commodity Exchange, is likely to dilute 11 per cent in the commex by August this year.
- Commexes to open for muhurat trading on DiwaliThe country's top four commodities exchanges -- MCX, NCDEX, NMCE and ICEX -- will open for 'muhurat trading' session on the day of Diwali.
- Commexes' turnover up 55 pc till Oct 15 this fiscalThe turnover of 23 commodity exchanges rose by 55% to Rs 56.70 lakh crore till October 15 this fiscal over the same period a year ago.
- FMC likely to ban hedge, PE funds from futuresCommodity markets regulator, Forward Markets Commission (FMC), is considering a ban on hedge funds and PE funds from trading on the country...
- Commodity exchanges unlikely to get infrastructure tagGovt is disinclined to accord an across-the-board infrastructure status for commexes and their subsidiaries as well as corporate houses tha...
- Commexes target Rs 25 lakh cr tradeTrading on India’s commodity exchanges (commexes) in the current fiscal is expected to touch Rs 25 lakh crore by December.
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