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Kotak Mahindra withdraws Parambi's nomination to MCX board

Last Updated: Thursday, January 8, 2015, 20:04

Kotak Mahindra Bank Thursday announced temporary withdrawal of the nomination of Paul Parambi to the Board of MCX, without assigning any reason.

SKS Capital backs out of MCX-SX stake buy, says Financial Tech

Last Updated: Wednesday, December 24, 2014, 21:21

Financial Technologies Wednesday said SKS Capital has backed out from acquiring some of its stake in MCX-SX even as other investors, including Rakesh Jhunjhunwala, have completed purchase of shares in the stock exchange.

MCX gets FMC nod to launch crude oil mini futures

Last Updated: Tuesday, December 23, 2014, 19:19

Commodity markets regulator FMC has allowed MCX to launch crude oil mini futures contracts for next year.

Gold rise up 0.22% to Rs 27,014 per 10 grams in futures trade

Last Updated: Thursday, December 18, 2014, 12:35

Taking positive cues from global markets, gold rose up 0.22 percent to Rs 27,014 per ten gram in futures trade today as speculators enlarged positions.

Gold price falls but holds above Rs 27K

Last Updated: Monday, December 15, 2014, 11:27

Gold futures fell 0.50 percent to Rs 27,024 per 10 grams on Monday as participants indulged in reducing exposures, largely in line with a global trend.

Gold price climbs towards 7-week high as dollar, equities slide

Last Updated: Thursday, December 11, 2014, 10:19

Gold is seen as an alternative investment to riskier assets such as equities. Weakness in the greenback also makes dollar-denominated bullion more attractive.

MCX-SX issues shares to new investors; meets Sebi conditions

Last Updated: Tuesday, December 9, 2014, 19:54

To comply with the conditions imposed by Sebi, MCX-SX Tuesday issued shares to 12 new investors, including Rakesh Jhunjhunwala, following which the erstwhile promoter FTIL will completely exit from the bourse.

FTIL sells 1.65 lakh shares of MCX-SX to Jhunjhunwala

Last Updated: Monday, December 8, 2014, 19:46

Financial Technologies India Ltd (FTIL) Monday said it has sold an additional 1.65 lakh shares to ace investor Rakesh Jhunjhunwala for Rs 2.47 lakh in stock exchange MCX-SX, thereby completely exiting the bourse.

MCX seeks buyers for its stake in MCX-SX

Last Updated: Thursday, December 4, 2014, 22:32

Country's largest commodity exchange MCX Thursday invited expressions of interest from potential investors to divest its stake in MCX-SX and MCX-SX Clearing Corporation Ltd.

Gold price today: Latest updates

Last Updated: Thursday, December 4, 2014, 12:08

Gold prices fell by Rs 62 to Rs 26,714 per 10 grams in futures market Thursday as speculators offloaded their positions amid a weak global trend.

Manoj Vaish takes charge as MD & CEO of MCX

Last Updated: Saturday, February 1, 2014, 16:06

Manoj Vaish on Saturday took charge as Managing Director and CEO of the country's leading commodity exchange MCX that is under the regulatory glare following troubles at the promoter group.

Gold price plunges by Rs 400 in futures trade

Last Updated: Friday, January 31, 2014, 00:39

At the Multi Commodity Exchange (MCX), gold for delivery in April dropped by Rs 360 to settle at Rs 29,378 per ten grams after moving in range of Rs 29,353 - Rs 29,820.