The remarkable success Global Presence of Jignesh Shah owned Financial Technologies (India) Limited (FTIL) laid the ground for a never-before-seen economic growth across the world. Known as the ‘Innovator of Modern Financial Markets’, he played an instrumental role in shaping the future of many modern IP-centric financial markets. In Global Presence of Jignesh Shah, he […]
FTIL salaries and other expenses to be disbursed, asserts HC
The Bombay High Court recently ordered the release of money needed for salaries and other statutory expenses from FTIL’s bank accounts that had been attached by the Economic Offences Wing (EOW) of Mumbai Police. This came as a major and much needed respite for the employees of Financial Technologies (India) Limited (FTIL). The EOW had […]
Jignesh Shah’s arrest Illegal; PMLA Act
Jignesh Shah’s lawyer, Abad Ponda vehemently opposed any extension and argued that his client’s arrest and detention were illegal. Ponda, relying on a decision by a division bench of the Punjab and Haryana High Court, argued that neither the ED nor any other agency had the power to arrest under Section 19 of the PMLA […]
The premise of Jignesh Shah’s detention is unjustified
The government of a country is its fundamental unit which is central to its overall welfare. In the broader sense, government is equated with integrity, uprightness and justice. Thus, it is imperative that all the actions undertaken by the government should abide by the legislative protocol. However, the recent case concerning the detention of Jignesh […]
Jignesh Shah to prove himself, yet again
One just gets baffled at the news of what has been happening in Jignesh Shah’s life. After all, he is the undisputed king of the commodities market in India. This is the second time he has been under this sort of a situation in the time span of two years which seems to be unjustified. […]
NSEL crisis : Unveiling the suspects
Talking about NSEL (National Spot Exchange Ltd ) crisis, new twist was given to the case as as the investigators found fresh evidences in the case, which are indicating towards associated companies brokers being the real culprit, who routed the black money. The source of funds, of these believed accused ones, i.e. brokers and various […]
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 […]
‘We look forward to begin trading with 1,200 stocks’, says MCX-SX
The latest entity to set up a full-fledged stock exchange; MCX-SX asserted that it expects to begin trading with about 1,000-1,200 stocks when it starts operations around Diwali. Jignesh Shah, MCX-SX vice-chairman highlighted the future prospects of the company stating that, “We will list liquid stocks of BSE and NSE under permitted category initially,” “Though […]
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, […]