Last Updated: Monday, July 21, 2014, 22:30
To facilitate divestment by erstwhile promoters of MCX, SEBI has relaxed lock in period for such stake sale in the commodity bourse.
Last Updated: Monday, July 21, 2014, 17:54
Shares of Multi Commodity Exchange of India Monday settled nearly 8 percent higher after Jignesh Shah-led FTIL signed an agreement to sell 15 percent stake in MCX to Kotak Mahindra Bank for Rs 459 crore.
Last Updated: Monday, July 21, 2014, 13:09
The bank on Sunday said it has entered into a Share Purchase Agreement to purchase 15 percent equity stake in MCX from FTIL for a consideration of Rs 459 crore.
Last Updated: Sunday, July 20, 2014, 22:31
Jignesh Shah-led Financial Technologies on Sunday said it has signed an agreement to sell 15 percent stake in MCX to Kotak Mahindra Bank for Rs 459 crore.
Last Updated: Friday, July 18, 2014, 11:55
Gold prices fell by Rs 44 to Rs 28,155 per 10 grams in futures trade Friday as speculators trimmed positions, tracking a weak global trend.
Last Updated: Wednesday, July 16, 2014, 20:03
Financial Technologies on Wednesday offloaded four percent stake in MCX for about Rs 154 crore, bringing down its shareholding to 20 percent.
Last Updated: Wednesday, July 09, 2014, 12:44
The SAT Wednesday dismissed Jignesh Shah- promoted Financial Technologies' (FTIL) plea against a Sebi order declaring it unfit to own stakes in market infrastructure institutions, stating that decisions by financial market regulators have bearing on each other.
Last Updated: Wednesday, July 09, 2014, 12:33
Shares of Multi Commodity Exchange of India Wednesday jumped 6 percent after ace investor Rakesh Jhunjhunwala purchased nearly two percent stake in the commodity bourse for over Rs 66 crore.
Last Updated: Monday, July 07, 2014, 11:11
Gold prices fell by Rs 58 to Rs 27,499 per 10 grams in futures trade Monday as speculators trimmed positions amid a weak trend overseas.
Last Updated: Thursday, July 03, 2014, 11:52
Gold prices fell by Rs 82 to Rs 27,581 per 10 grams in futures trade Thursday amidst a weak trend overseas and profit-booking by speculators.
Last Updated: Sunday, June 29, 2014, 19:39
MCX promoter Jignesh Shah, held in the Rs 5,000 crore NSEL scam, has filed a petition in the Bombay High Court challenging an order of a special court refusing to grant him bail.
Last Updated: Wednesday, June 25, 2014, 12:49
Gold for delivery in August declined by Rs 94, or 0.34 percent, to Rs 27,637 per ten gram Wednesday in business turnover of 1,950 lots.
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