fmc - Latest News on fmc | Read Breaking News on Zee News

NCDEX to impose Rs 1 lac/case penalty on members offering PMS

Last Updated: Tuesday, October 15, 2013, 14:16

Leading agri-commodity bourse NCDEX on Tuesday said it will impose a penalty of Rs 1 lakh per case on members who are found indulging in offering fund-based portfolio management services (PMS).

FTIL appoints former FMC chief, retired judge on its board

Last Updated: Friday, October 11, 2013, 20:05

So far, five directors - CM Maniar, N Balasubramanian, R Devarajan, PR Barpande and T C Nair have quit FTIL. Their resignation came amid payment crisis to the tune of Rs 5,600 crore in FTIL-promoted National Spot Exchange Ltd (NSEL).