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BSE's India INX daily turnover crosses Rs 6,730 cr

Business Finance

Press Trust of India  |  Mumbai 

The India International Exchange (India INX) said the daily trading turnover of its derivatives segment crossed Rs 6,730.12 crore (USD 1003.90 million) on Wednesday.

India INX is India's first international exchange based in the International Financial Services Centre (IFSC) at Gujarat International Finance Tec-City (GIFT City), set up in January 2017.

The cumulative trading turnover has crossed the Rs 3,12,311.14 crore (USD 46.6 billion) driven by a substantial jump in market participation. ***************** ZIM Laboratories to List on BSE on Friday *

ZIM Laboratories (ZIM), an R&D centred pharmaceutical company today said it will list its shares on BSE on Friday.

ZIM got listed on OTC Exchange of India in 1994, following the Sebi guidelines the company will be listing on BSE and will have a price discovery as per trading on the bourses. The book value price is Rs 160 per equity share.

Promoted by Anwar Daud, the company has R&D focused business model helping customers with product development, co-development, out licensing, manufacturing, supplies and marketing support with a strong IP base - 26 inventions with 53 patent filings and 174 clients across 45 countries. ***************** P2P lending platform PaisaDukan appoints Hemant Bhogle as COO *

Peer-to-Peer Lending platform, part of BigWin Infotech, today announced the appointment of Hemant Bhogle as chief operating officer (COO)to develop and execute its global growth strategy.

Bhogle has worked with Bank of America for 26 years and has been handling various responsibilities in banking operations, compliance and finance management functions. He was deputed to Jakarta and Malaysia office of the Bank of America as chief financial officer.

BigWin Infotech has currently applied for an operating license through the RBI and expects to begin trading later this month.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Thu, June 07 2018. 18:25 IST