FTIL member rejects misconduct charges by MCX auditor

Special audit report conducted by the PricewaterhouseCoopers on Multi Commodity Exchange has met with another opposition. Earlier FTIL, the promoter of MCX had opposed its contents and now Venkat......

Commexes get a new set of rules on accountability

In the wake of the developments at National Spot Exchange Ltd, the Forward Markets Commission, the commodity markets regulator, issued a circular on Tuesday making managing directors and chief......

NSEL and MCX set to reconstitute boards

After a slew of resignations from the board of National Spot Exchange Ltd in the wake of its payment crisis, a new set of names is to be announced soon. There were seven members, including a......

MCX to launch IPO by month-end

India's largest commodity bourse MCX is likely to launch its up to Rs 750 crore (Rs 7.5 billion) initial public offer (IPO) by month-end, becoming the first ever exchange in the country to get......