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  • Gold price rises on Akshaya Tritiya in India

    Gold price rises on Akshaya Tritiya in India: Check gold rates in your city on May 10

    May 10, 2024 16:19 IST

    Gold rates in India saw a slight increase on Friday, coinciding with the celebration of Akshaya Tritiya. In Delhi, 10 grams of 24-carat gold was priced at Rs. 73,240 today, while on the Multi Commodity Exchange (MCX), gold contracts for June delivery traded higher by Rs 93 at Rs 73,090 per 10 grams.

  • MCX Q1 net profit up 29% at Rs 56.43 crore

    MCX Q1 net profit up 29% at Rs 56.43 crore

    Business | July 26, 2020 13:32 IST

    The Multi Commodity Exchange of India (MCX) has posted a 29 per cent growth in its June quarter net profit at Rs 56.43 crore. Its net profit stood at Rs 43.70 crore during the corresponding quarter a year ago, MCX said in a BSE filing on Saturday.

  • gold futures slide 0.27 us interest rate hike into focus

    Gold futures slide 0.27%; US interest rate hike into focus

    August 14, 2015 14:52 IST

    New Delhi:  Gold futures prices on Friday fell 0.27% to Rs 25,825 per 10 grams as speculators reduced their bets amid a weak global trend.In futures trading at Multi Commodity Exchange, gold prices for delivery

  • fmc allows mcx to start contracts with riders

    FMC allows MCX to start contracts, with riders

    September 18, 2014 16:32 IST

    New Delhi: The Forward Markets Commission (FMC) has allowed Multi-Commodity Exchange of India Ltd (MCX) to launch contracts up to March 2015 after a new technology agreement is signed between the exchange and Financial Technologies

  • mcx gains 14 ftil up 7.7 on stake sale to kotak mahindra

    MCX gains 14%, FTIL up 7.7% on stake sale to Kotak Mahindra

    July 21, 2014 11:10 IST

    New Delhi: Shares of Multi Commodity Exchange of India (MCX) jumped a whooping 14% on Monday morning trade, after Kotak Mahindra Bank Ltd agreed to acquire 15 per cent stake in MCX for Rs.459 crore

  • ftil signs deal with kotak to sell its 15 stake in mcx

    FTIL signs deal with Kotak to sell its 15% stake in MCX

    July 20, 2014 21:36 IST

    Mumbai: Financial Technologies (India) Ltd (FTIL) today announced that it has entered into a Share Purchase Agreement (SPA) to sell its 15 per cent stake in MCX to Kotak Mahindra Bank for Rs 459 crore. 

  • sessions court hears jignesh shah s bail application

    Sessions court hears Jignesh Shah's bail application

    June 02, 2014 22:19 IST

    Mumbai: The sessions court here today heard the bail application of MCX promoter Jignesh Shah and his aide, arrested in Rs 5,600 crore NSEL payment scam case.After hearing his lawyers, the court adjourned the case

  • nsel scam jignesh shah javalgekar get judicial remand

    NSEL scam: Jignesh Shah, Javalgekar get judicial remand

    May 19, 2014 21:42 IST

    Mumbai: A sessions court today remanded MCX promoter Jignesh Shah and former managing director and chief executive of the commodity exchange Shreekant Javalgekar in judicial custody till May 31 in connection with the alleged Rs

  • bourses ask trading members to disclose holding in listed

    Bourses ask trading members to disclose holding in listed cos

    March 06, 2014 18:08 IST

    Mumbai: To ensure more transparency in the capital market, stock exchanges have asked their trading members to disclose their shareholding pattern if they hold one per cent or more stake in any listed company.Such disclosure

  • sebi adjourns hearing on ftil issue to feb 12

    Sebi adjourns hearing on FTIL issue to Feb 12

    January 13, 2014 23:37 IST

    Mumbai: The Securities and Exchange Board (Sebi) today adjourned to February 12 hearing on the eligibility of Financial Technologies (India) Ltd, whose group entity NSEL is at the centre of a scam, to run stock

  • rs 5500 cr nsel scam bombay high court clubs all pils

    Rs 5500 cr NSEL scam: Bombay High Court clubs all PILs, hearing on Thursday

    January 08, 2014 18:43 IST

    Mumbai:  Jignesh Shah promoted-Financial Technologies India Ltd today urged the Bombay High Court to grant temporary protection from the order of Forward Market Commission (FMC) seeking reduction of its shareholding in Multi-Commodity Exchange from 26

  • sensex falls over 64 pts down for fourth day in a row

    Sensex falls over 64 pts, down for fourth day in a row

    January 06, 2014 16:58 IST

    Mumbai: The Sensex fell for fourth straight session and closed over 64 points down today hurt by losses in ICICI Bank, Infosys and RIL shares as investors continued to adopt a cautious stance ahead of

  • sensex falls 151 points as us fed announces cut in stimulus

    Sensex falls 151 points as US Fed announces cut in stimulus

    December 19, 2013 16:55 IST

    Mumbai: Hit by fears over the impact of the US Fed announcing a cut in its stimulus, the benchmark Sensex dived over 151 points at the close today on selling in banking, capital goods and

  • i am committed to recovering money from defaulters shah

    I am committed to recovering money from defaulters: Shah

    December 05, 2013 20:54 IST

    Mumbai: Two days after Mumbai Police attached his properties, Jignesh Shah, director of the beleaguered National Spot Exchange Ltd, today told investigators that he was making “relentless” efforts to recover money from defaulters.“Shah showed up

  • global cues rupee drive sensex 451 points up most in a month

    Global cues, rupee drive Sensex 451 points up, most in a month

    November 18, 2013 17:49 IST

    Mumbai: The benchmark Sensex gained 451 points today, the most in a month, as overseas stocks advanced on China's proposed economic reforms and expectations the US stimulus programme would be extended.  The rupee, which strengthened

  • nsel crisis destroyed everything says shah as he quits mcx

    NSEL crisis destroyed 'everything', says Shah as he quits MCX

    October 31, 2013 22:11 IST

    New Delhi: Jignesh Shah, who is embroiled in the Rs 5,600-crore payment imbroglio at NSEL, Thursday resigned as Non-Executive Vice Chairman of MCX and said this crisis has destroyed "everything" he has worked for all

  • sensex ends at record high of 21 033.97 up 105 points

    Sensex ends at record high of 21,033.97, up 105 points

    October 30, 2013 16:37 IST

    Mumbai: The BSE benchmark Sensex today surged nearly 105 points to close at all-time high of 21,033.97 on heavy foreign fund inflows in bluechips, amid speculation that the US Fed would maintain its monetary stimulus

  • sensex slips 113 pts to nearly 2 wk low ahead of rbi meeting

    Sensex slips 113 pts to nearly 2-wk low ahead of RBI meeting

    October 28, 2013 20:31 IST

    Mumbai: Falling for the fifth straight session, the BSE benchmark Sensex on Monday closed 113 points down at a nearly two-week low as investors remained cautious ahead of the RBI second quarter monetary policy review.FMCG,

  • sensex slips 97 pts to 1 wk low on profit booking in

    Sensex slips 97 pts to 1-wk low on profit-booking in bluechips

    October 23, 2013 17:30 IST

    Mumbai: Falling for the second day, the benchmark Sensex today slid by another 97 points to its lowest level in nearly a week on persistent selling in blue-chips and declines in global stock markets after

  • jignesh shah to stay on mcx board for now

    Jignesh Shah to stay on MCX Board for now

    October 22, 2013 23:09 IST

    Mumbai:  MCX promoter Jignesh Shah has managed to retain his position on the board in a crucial meeting held here today. The Multi Commodity Exchange today appointed three new share-holder directors, namely Union Bank of

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