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CBI to take final call in MCX PE soon

Last Updated: Tuesday, June 10, 2014, 20:36

Highly-placed sources said the agency will decide whether the enquiry would be closed or it will be converted into an FIR thus starting a full-fledged investigation.

MCX-SX mops up Rs 60 cr via rights issue; short of target

Last Updated: Friday, May 02, 2014, 19:25

MCX Stock Exchange (MCX-SX) on Friday said it has raised Rs 60 crore through rights issue, less than one-third of the targetted amount.

MCX paid Rs 709 cr to FTIL & group cos: PwC report

Last Updated: Tuesday, April 29, 2014, 22:10

Commodity exchange MCX entered into agreements with related trading parties and paid about Rs 709 crore to erstwhile promoter FTIL and group firms without following proper documentation process, said the PwC special audit report released by the bourse.

CBI set to question Bhave over MCX-SX

Last Updated: Tuesday, April 29, 2014, 21:59

Highly placed CBI sources said Tuesday they want to conclude the inquiry soon and a call on whether to convert it into a regular case or close it would be taken after examining Bhave.

MCX Stock Exchange launches bank index SXBANK

Last Updated: Wednesday, April 09, 2014, 21:06

The MCX Stock Exchange (MCX-SX) Wednesday announced the launch of SXBANK, a new index to capture the performance of the banking sector.

PE against Bhave, Abraham on credible information:CBI

Last Updated: Thursday, March 27, 2014, 22:17

The Preliminary Enquiry against former SEBI chairman C B Bhave and its ex-member K M Abraham was registered on the basis of "credible information" to probe alleged irregularities in granting sanction to MCX Stock Exchange, CBI Director Ranjit Sinha said Thursday.

MCX-SX extends rights issue till April 17

Last Updated: Friday, March 21, 2014, 19:40

MCX Stock Exchange has extended the subscription time for its nearly Rs 545-crore rights issue till April 17 as some banks are still awaiting regulatory and board approvals to participate in the offer.

Don't create fear-psychosis for public officers: Parekh

Last Updated: Thursday, March 20, 2014, 14:23

Reacting to the action against Bhave and Abraham, Parekh said he was "very saddened to read that CBI was going after Bhave and Abraham".

CBI going after wrong persons: Deepak Parekh on Bhave probe

Last Updated: Wednesday, March 19, 2014, 23:09

Coming out strongly in support of SEBI's former chief C B Bhave, eminent banker Deepak Parekh Wednesday said probe against such "upright" public officers would further vitiate decision-making environment in the country.

Ex-bureaucrats criticises CBI`s action; support Abraham, Bhave

Last Updated: Friday, March 14, 2014, 15:52

Coming out in support of ex-SEBI chairman CB Bhave and ex-member KM Abraham, former bureaucrats have questioned the CBI`s "unfortunate action" of registering a preliminary enquiry against them for alleged irregularities in granting sanction to MCX Stock Exchange.

Sebi, govt assuage concerns as MCX-SX board threatens to quit

Last Updated: Friday, March 14, 2014, 11:50

Sources said the regulator and the Finance Ministry want MCX-SX's current chairman G K Pillai and other three public interest directors to continue on the bourse.

MCX-SX Chairman, other board members likely to quit

Last Updated: Thursday, March 13, 2014, 21:55

Embattled MCX Stock Exchange may see Friday resignations by its Chairman G K Pillai and other public interest directors in the wake of CBI launching a probe into the grant of licence to the bourse over five years ago.