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Jignesh Shah
More Troubles for FTIL as It Misses Regulator’s Deadline to Dump Shares in MCX
- India technology vendor for financial markets has failed to meet a Sebi deadline of ninth August which demands Financial Technologies to reduce its stake in the MCX exchange to less than two percent.
Saturday, 09/08/2014 | 10:48 GMT by
Adil Siddiqui
Indian Commodity Regulator Pulls the Plug on Universal Commodity Exchange
- India’s congested exchange traded arena falls victim to declining volumes, low-volatility and taxes. The Universal Commodity Exchange joins the growing number of venues that are forced to halt operations.
Saturday, 19/07/2014 | 10:07 GMT by
Adil Siddiqui
RBI Gives Leeway to Foreign Portfolio Investors in a Bid to Bolster Onshore FX Trading
- Indian central bank opens doors for foreign firms hedging in FX derivatives to manage currency risk. Foreign Portfolio Investors were given a $10 million position limit in currency derivatives by the Reserve Bank of India.
Saturday, 21/06/2014 | 18:51 GMT by
Adil Siddiqui
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