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MCX shares gain 6 pc as Jhunjhunwala buys stake

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.

FTIL's stake in MCX to be sold via offer for sale

Last Updated: Monday, June 23, 2014, 18:32

India's leading commodity exchange, Multi Commodity Exchange (MCX) has been permitted to sell its 24 percent stake in Financial Technologies India Ltd (FTIL) via offer for sale.

Silver futures up 0.34 % on global cues

Last Updated: Friday, June 13, 2014, 12:45

Silver prices moved up by Rs 140 to Rs 41,499 per kg in futures trade today after investors created positions largely driven by a firming trend overseas.

FMC pressurising MCX on FTIL stake sale; denies new contracts

Last Updated: Wednesday, June 04, 2014, 17:51

Commodity markets regulator FMC on Wednesday said it has not approved a proposal by MCX to launch new contracts beyond August as part of a strategy to put pressure on the exchange to comply with its order on reduction of the stake held by the former promoter.

MCX gains; RBI allows foreign investors in FX derivatives

Last Updated: Tuesday, June 03, 2014, 13:10

Multi Commodity Exchange operates currency futures exchange MCX-SX.

FTIL reports net loss of Rs 371.25 cr in Q4

Last Updated: Saturday, May 31, 2014, 18:42

Crisis-hit Financial Technologies India Ltd (FTIL) on Saturday reported a net loss of Rs 371.25 crore for the quarter ended March 31, 2014 due to lower sales and provisions made for doubtful loans and advances.

Gold price extends losses; trading near Rs 26,750 per 10 gm

Last Updated: Friday, May 30, 2014, 10:56

At the Multi Commodity Exchange, gold for delivery in June, fell by Rs 62, or 0.23 per cent, to trade at Rs 26,768 per 10 grams in a turnover of 453 lots.

Silver futures down 0.51% on global cues

Last Updated: Thursday, May 29, 2014, 11:45

The white metal for delivery in far-month September declined by a similar margin to trade at Rs 40,110 per kg in 13 lots.

Gold futures weaken on global cues

Last Updated: Friday, May 16, 2014, 11:56

Gold futures fell by 1.10 per cent to Rs 28,096 per 10 grams today as participants indulged in reducing exposures, largely in tandem with a global trend.

FMC meets MCX officials, reviews FTIL stake sale

Last Updated: Tuesday, May 06, 2014, 22:09

Commodities markets watchdog Forward Markets Commission (FMC) met Multi Commodity Exchange (MCX) officials here Tuesday and reviewed progress made by the exchange in complying with the order to trim parent FTIL's stake to 2 percent from the present 26 percent.

MCX defers preferential allotment

Last Updated: Thursday, April 03, 2014, 22:42

Jignesh Shah-promoted Multi Commodity Exchange (MCX) on Thursday decided to defer its controversial preferential allotment issue.

MCX, FTIL lock horns over plan to issue preferential shares

Last Updated: Monday, March 31, 2014, 23:23

"The scheduled meeting of the Board of Directors of the Exchange to be held on April 03, 2014, may, if deemed fit, inter-alia, consider the preferential allotment of shares," the MCX said in a BSE filing.