With the involvement of Enforcement Directorate (ED) and Economic Offences Wing (EOW) in the NSEL- FTIL crisis, the case has taken an intriguing turn. The incongruousness of Economic Offences Wing (EOW) is clearly evident from the way it is levying ill-proportioned penalties on FTIL, alleging it on unlawful grounds without any appropriate evidence. It is […]
NSEL recovers Rs 1233 crore from 23 traders
National Spot Exchange(NSEL) has recently secured recoveries worth Rs 1,233.02 crore by way of decree on admission against 5 defaulters and through injunctions from a total of 18 defaulters with outstanding of Rs 4,515.93 crore as of December 31, 2015. NSEL has moved another step in the right direction with this and will look forward […]
NSEL and FTIL subjected to unfair treatment
From July 2013 to September 2013 the Board at NSEL was trying to come to grips with the problem and understand the problem caused by the defaulters. By August 2013, NSEL filed its complaint against defaulters with the Economic Offences Wing (EOW). Later, the EOW registered the complaint of the trading clients. On December 13, […]
MCX’s new exchange offer bringing new opportunities to the marketers
Financial Technologies hit the nail right on the spot when they decided to benefit the potential brokers by promoting the MCX-SX decision to lower the charges of Financial Transactions to 50%. Jignesh Shah, CEO of FTIL on this arrangement stated to reporters at an event that the charges of the transaction they are offering are […]
New brand launch of commodity online trading by food minister
Kochi, Kerala, December 13, 2011: Spearheaded by the epic Mr. Jignesh Shah, Commodity Online India Ltd., the leading market player in providing information, analytics, advisories, trading and software services to budding enthusiasts of commodity traders announced and unveiled a significant change in its brand name and logo. This announcement was made at a gala function […]
Prime Minister of the Republic of Mauritius Officially Launches Global Board Of Trade Ltd
The Global Board of Trade Ltd (GBOT) is one of the first international multi-asset class exchanges formed in Mauritius. It was launched by the Guest of Honor, Dr. Navinchandra Ramgoolam, Prime Minister of the Republic of Mauritius. The event was held at the InterContinental Resort in Mauritius. Over 300 global leaders from countries like Europe, […]
FTIL-Content filtering is the solution for web traffic
The frequent use of collaborative tools for the purpose of social network marketing has given away for more security threats and the protection from these threats has become the topmost concern of every enterprise. FTIL established by Jignesh Shah, the King of Commodity market are dealing with this issue. According to Keshav Samant, the Head […]