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National e-APMC in the offing

NCDEX Spot Exchange links 35 APMCs in Karnataka electronically; platform may be extended to other states

Gold imports on the rise ahead of festive season

Jewellery demand expected to normalise; investment demand still low

KPMG to do forensic audit of UCX

The appointment of the forensic auditor follows inspection and audit done by the FMC in last June in which siphoning of funds was noticed

NSEL case: HC bail order jolts investors

Observes Investors are actually traders, along with brokers were knowingly participated in illegal activities on the exchange

HDFC Life listing buzz

FMC wants NSEL to be merged with FTIL, latter's management changed

Last week FMC wrote to MCA to merge NSEL with its promoter and 99% owner, FTIL

HZL stake sale may get delayed

Market players believe unless the stake sale is done before Diwali, the govt may find it hard to get a good valuation

MCX board to decide on FTIL stake today

Latter's remaining five per cent in the exchange might be transferred to escrow account

Strong case for easing gold import rules

Say imports are unlikely to shoot up as investment, export demand has gone down

Onion prices calm but turmoil not ruled out later

Experts are not ruling out prices rising as sowing of kharif is expected to be lower

Big bull enters IEX?

FMC sharpens & widens auditor remit in exchange inspection

The regulator today issued a manual inspection manual for inspection of books of accounts & other documents

UCX promoter's fit-and-proper status under threat

UCX is promoted by Commex Technologies chief Ketan Sheth, who owns 40% stake in the exchange

CME group eyeing stake in MCX

US-headquartered exchange group said to be keen on picking up 5% stake, the highest permissible

Market slump begins to bite India Inc's fund-raising

The Baba Kalyani-led company was raising this money to reduce debt

Gold premiums in relative check

Imports dwindle in July on RBI gold swap deal possibility, apart from monsoon dullness and this being an off-season for demand

Shareholders tell MCX not to rush on hiring new MD

MCX was to conduct interview for the post of managing director last week which was postponed

The steep fall of Jignesh Shah

Had to give up his MCX cash cow, exchange tech income is threatened and his personal assets have been attached

Golden goose dead; investors on wild goose chase

Of the total NSEL investor dues of Rs 5,574 cr, a mere Rs 533 cr has been repaid and another Rs 500 cr appears on the horizon; beyond that, investors stare at difficult days

Tech provider be neutral of commex ownership: FMC

Regulator mulling no entity with significant shareholding be allowed to be tech provider