MPID Court Directs EOW To Investigate Former FMC Chairman Ramesh Abhishek's Role In NSEL Case
In its detailed representation to the EOW in 2020, NSEL highlighted several instances of negligence and failures on the part of Ramesh Abhishek, which the agency did not investigate.
May 31, 2023, 14:52 PM ISTSebi proposes to allow MFs, portfolio managers in commodities
Sebi has been taking several steps to deepen the commodity derivatives market with necessary safeguards ever since it came under its regulatory jurisdiction nearly two years ago and it allowed certain alternative investment funds earlier this year to participate in this segment.
Dec 07, 2017, 17:23 PM ISTNSEL money laundering case: Enforcement Directorate attaches Rs 1,170 crore assets of FTIL
Stepping up action in the Rs 5,600-crore NSEL money laundering case, the Enforcement Directorate on Friday attached assets worth Rs 1,170 crore of Financial Technologies India Ltd (FTIL).
Sep 30, 2016, 20:55 PM ISTSebi keeping close eye on pulses, looking into role of traders
Amid soaring prices of pulses, Sebi Chairman U K Sinha today said the regulator is closely working with the government and is looking if the traders raided for hoarding have any connection with the commodity markets.
Oct 26, 2015, 16:31 PM ISTBSE shelves plans for commodity bourse
Bombay Stock Exchange have ought an approval from the Securities and Exchange Board of India for starting a separate commodities trading segment on its platform. Earlier the exchange had plans to start a separate commodities bourse.
Oct 11, 2015, 15:09 PM ISTFMC merges with Sebi, to bolster commodities market regulations
Marking the first ever merger of two regulators, Forward Markets Commission on Monday merged with securities market watchdog Sebi that will help strengthen as well as streamline regulatory framework to curb manipulations in the commodities derivatives segment.
Sep 28, 2015, 17:05 PM ISTSebi to consider allowing FPIs in commodities derivatives market
Taking charge of regulating the commodities derivatives market, Sebi Chairman U K Sinha on Monday said it would look at allowing foreign portfolio investors and banks in this market in next few months.
Sep 28, 2015, 15:18 PM ISTFresh guidelines for exchanges' listing soon: Sebi
As its regulatory ambit widened with FMC's merger, capital markets watchdog Sebi on Monday said it will put in place a new mechanism for entities desiring to operate in both equities and commodities segments.
Sep 28, 2015, 15:14 PM ISTFMC merges with Sebi; FM rings bell to solemnise amalgamation
In the first ever merger of two regulators, over 60-year-old FMC (Forward Markets Commission) on Monday merged with the younger but much bigger capital markets watchdog SEBI to create a unified regulatory body.
Sep 28, 2015, 09:53 AM ISTMarriage of Regulators: FMC to merge with SEBI Monday
In the first ever merger of two regulators, over 60-year-old FMC (Forward Markets Commission) will merge tomorrow with the younger but much bigger capital markets watchdog SEBI to create a unified regulatory body.
Sep 27, 2015, 14:32 PM ISTSEBI approves commodities market norms; to merge FMC from Sept 28
Setting September 28 as the date for merger of Forward Markets Commission (FMC) with itself, SEBI Monday announced new norms for commodities derivatives market under which exchanges and brokers in this segment will need to comply with rules applicable to their stock market peers.
Aug 24, 2015, 19:36 PM ISTSEBI-FMC merger process to be complete by Sept: Sinha
The merger process of the Forward Markets Commission (FMC) with SEBI will be completed by September this year, said U K Sinha, chairman of the capital market regulator.
Jul 23, 2015, 18:42 PM ISTNBFCs can refer to price on bourses for lending against gold
The Reserve Bank on Thursday allowed Non-Banking Financial Companies (NBFCs) to use gold price at commodity exchange to determine the value of the metal for purpose of advancing loans against it.
May 21, 2015, 20:27 PM ISTCommexes' turnover rises 17% to Rs 5.43 lakh crore in April
The turnover of commodity bourses rose by 17 percent to Rs 5.43 lakh crore in April of 2015-16 fiscal as compared to Rs 4.64 lakh crore in the year-ago period, according to the Forward Markets Commission (FMC).
May 20, 2015, 18:46 PM ISTBSE seeks clarification from MCX on CBI probe reports
The discreet inquiry could be turned into a regular case if the agency found prima facie evidence of any alleged irregularities.
May 04, 2015, 14:30 PM ISTCBI looking into role of regulator in MCX IPO
The sources said CBI is looking into the role of regulator FMC which has given some exemptions to the MCX before bringing its IPO.
May 04, 2015, 11:15 AM ISTRamesh Abhishek gets three-month extension as FMC chairman
Senior IAS officer Ramesh Abhishek was Tuesday given a three-month extension as the chairman of the Forward Markets Commission (FMC).
Apr 14, 2015, 16:09 PM ISTCommexes' turnover dips by 39% in FY'15 due to CTT
The turnover of Indian commodity exchanges dropped 39 percent to Rs 61.68 lakh crore last fiscal due to higher transaction costs and decline in prices of bullion and metals.
Apr 09, 2015, 16:27 PM ISTCommexes' turnover drops 41% till March 15 of FY15
Much of the fall in turnover was seen in bullion, followed by energy, farm and metals items in the said period, as per commodity markets regulator FMC.
Mar 29, 2015, 11:07 AM ISTUpload KYC details of new clients to registering agencies: FMC
It has also been made mandatory for members to carry out in-person verification of all new clients.
Mar 15, 2015, 11:12 AM IST