Multi Commodity Exchange (MCX) is still not decided on the public issue following the uncertain conditions prevailing in commodity futures markets in India following the ban on certain commodities. It may postpone the IPO thanks to ban in futures trading in some commodities and the likely introduction of the commodities transaction tax.
MCX had planned to raise Rs 500 crore through the proposed issue.
Tuesday, May 20, 2008
MCX may postpone its IPO
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