Here is a very big relief for the MCX Commodity players, FMC allowed MCX to launch contracts up to March 2015 as soon as a new technology agreement is signed between MCX and FTIL. FMC has also directed MCX to take all pending actions based on the findings of a PricewaterhouseCoopers (PwC) report and furnish an updated compliance report by 15 October 2014.
SEBI( Securities and Exchange Board of India) has very recently changed its rules and regulations of crowdfunding. If you do not have any idea on the term crowdfunding, it is worth to mention that the term crowdfunding refers to the solicitation of funds from several investors. This process is done through various social networking sites or web based platform to accomplish a particular project or social cause or any business venture.