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BSE collaborates with 4 regional associations to promote EGRs, International Bullion Exchange

[ad_1] New Delhi: Days after receiving in-principle approval from Sebi to launch Electronic Gold Receipts (EGR) segment, BSE on Wednesday said it has collaborated with four regional associations from Maharashtra and Tamil Nadu to promote such products. These pacts are aimed at providing impetus for the growth and development of commodities

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JM Financial Asset Reconstruction Company allowed to substitute Bank of India as petitioner

[ad_1] A dedicated bankruptcy court has allowed JM Financial Asset Reconstruction Company (ARC) to substitute the original petitioner in a plea seeking admission of National Steel & Agro Industries (NSAIL) under the Corporate Insolvency Resolution Process (CIRP). BSE-listed National Steel & Agro owes about Rs 1,600 crore to its lenders.

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