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FMC staff behind MCX founder’s Rs 100 crore gain: CBIThe CBI cites this as one example of how former FMC officials allegedly gave “illegal benefits” to MCX.- FMC rejects appointment of Balasubramaniam as MCX chiefCommodity markets regulator FMC has rejected the appointment of Balasubramaniam Venkataramani as MD and CEO of MCX, after it found that the...
- FMC nod for appointment of two independent directors on MCX boardFMC today approved the appointment of Arun Nanda and SK Mitra as independent directors on the board of MCX.
- Reliance, Axis Mutual Funds get nod to raise stake in MCX upto 5%The regulator has also directed Reliance and Axis to file a declaration to MCX, stating that they comply with the fit and proper criteria.
- Forward Markets Commission grants permission to MCX to launch new contracts in 2015MCX has been permitted to launch fresh contracts in commodities such as gold, silver, aluminium, nickel, crude palm oil, and cardamom among...
- MCX can launch fresh contracts post FTIL's agreement with Kotak Mahindra BankOnce the share transfer takes place, or FTIL divests its entire stake in MCX, the exchange will be able to launch contracts for the whole o...
- MCX moves to stem panic, hopes FTIL will exit by September endMCX’s clarification on Tuesday appeared to stem the panic in the market caused by the regulator’s refusal to launch fresh contracts for the...
- MCX action on PwC report also key to fresh deals nodIt emerges that the regulatory nod for fresh contracts will also be incumbent on the bourse taking action on PwC’s findings in its forensic...
- Forward Markets Commission approves Kotak Mahindra Bank deal to buy 15 per cent stake in MCXFMC has also asked Kotak Mahindra Bank Ltd to disclose every-year to commodity exchange MCX that it is in compliance with 'fit and proper' ...
- FMC nominated director S N Ananthasubramanian resigns from MCX BoardMCX said an FMC nominated independent director S N Ananthasubramanian has resigned from the Board of the company.
- Bombay High Court refuses to stay MCX resolutionBourse was seeking approval to transfer, sell FTIL’s shareholding.
- FTIL drags Forward Markets Commission to court over amended shareholding normsIn December last year, FTIL was declared unfit to hold more than 2% in MCX, primarily as a fallout from the Rs 5,600-crore scam on its subs...
- FMC meets MCX officials, reviews FTIL stake saleOutgoing MCX Managing Director and Chief Executive Officer Manoj Vaish met FMC officials and discussed the divestment progress, an MCX offi...
- Reliance Cap eyes MCX stake, slams bourse for non-cooperationReliance Capital said it is very keen on acquiring the stake in the top commodity exchange, but is disappointed with the process being foll...
- Deloitte, BSR & Co can’t audit MCX books, for nowDeloitte and BSR and Co will be barred from auditing books of MCX, whose dealings with group entities have come under regulatory glare.
- MCX may be restrained from launching fresh contractsThe NSEL, which is promoted by FTIL, has been defaulting on payments to 13,000 investors. In July, FMC had halted trading at the exchange.
- No decision by MCX board on FTIL's stake reduction planNo major decision was taken in today's board meeting and board plans to write to FMC, saying the regulator has to decide the next course of...
- HC to decide fate of power futures tradingThe court held a chamber meeting late last month in order to ascertain the “correct position” of the government before it proceeded further.
- FMC gives nod for IPO of MCXIndia's largest commodity bourse, MCX, has got unconditional approval from regulator Forward Market Commission (FMC) to launch an initial p...
- FMC asks bourses to step up volume in non-performing futuresConcerned at thin volumes in a few commodities, market regulator FMC has asked the exchanges to take steps to improve liquidity in those.
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