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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
As it diversifies beyond agriculture, NCDEX is preparing an equity market debut, exploring niche commodity contracts and opening new investment channels for rural India.
The National Commodity and Derivatives Exchange (NCDEX) is moving beyond its agricultural roots, foraying into non-agricultural products as it looks to become a multi-segment intermediary, managing director Arun Raste told The Morning Context.
The first step is entry into non-agricultural segments. Rather than launching copycat products to compete with the established player, the Multi Commodity Exchange, NCDEX is focusing on underexplored areas. It is conducting feasibility studies and working with advisory committees to introduce derivatives in steel scrap and platinum. Given the need to build a physical contract ecosystem from scratch—along with extensive stakeholder and regulatory consultations—these products are expected …
Thinly traded listed entities have long served as breeding grounds for stock manipulation, hurting investors. The regulator, the NSE and BSE now want to fix things by focusing on efficient delisting.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
A Rs 10,440 crore share swap with listed Shalimar Paints could give the building materials startup a public market presence without a traditional IPO. But the novel route leaves investors grappling with dilution, valuation and governance concerns.
