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FMC unhappy at NCDEX pact with anchor-investor
The Forward Markets Commission (FMC), the commodity derivatives markets regulator, wants the National Commodity & Derivatives Exchange (NCDEX) to remove the Gaurav Arora-promoted Jaypee Capital Services Ltd (JC) as anchor-investor. Jaypee has 22.38 per cent stake in NCDEX, India’s second largest agri-centric futures exchange. JC was inducted as anchor investor on NCDEX on October 7, 2010, and

Bahrain signs trade agreements with India

New Delhi, May 31 (IBNS) India and Bahrain on Thursday announced the signing of a Tax Information Exchange Agreement to promote economic and joint investment between the two countries.

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Sensex ends 126 pts down on global weakness

Weakness in Asian and European markets amid worries that the Chinese government may not come out with a big stimulus to boost its economy and on concerns about the financial crisis in the eurozone

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105 branches of Canara Bank inaugurated
The executive director (ED) of Canara Bank Monday opened 105 ultra-small branches of Canara Bank and 100 ultra small branches of Shreyas Gramin Bank at a function here.

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Bahrain Crown Prince to visit India
Manama, May 28 (IBNS) A business delegation from the Kingdom of Bahrain is set to arrive in India this week as part of an official two-city state visit led by Prince Salman Bin Hamad Al-Khalifa, the Crown Prince of Bahrain and Chairman of the Bahrain Economic Development Board (EDB).

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Report on capital needs under Basel III this week

The additional capital requirements of public sector banks under Basel-III norms may be limited to Rs 3 lakh crore in line with earlier projections by the government. A committee of leading

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