Billionaire Jignesh Shah-promoted Financial Technologies today said it will launch three new international exchanges, including Bahrain Financial Exchange and Singapore Mercantile Exchange, this year.
In the first major international exchange business initiative by an Indian entity, a new commodity and currency bourse, Singapore Mercantile Exchange (SMX) on Tuesday commenced trading here with derivatives contracts like gold, crude oil and Euro-US dollar.
Though the election officials were yet to make formal announcement, Chief Minister Vijay Rupani informed the media about the victory.
In percentage terms, 1.8 per cent voters in Gujarat pressed the NOTA button on electronic voting machines in Gujarat, as against 0.9 per cent in the hill state (over 33,000 voters).
Without naming National Stock Exchange, MCX-SX also said that its rival was killing competition by offering free trading in currency derivatives, and thus making it difficult for it to get business and investors.
Solanki, on his part, confirmed the Congress had the backing of the PAAS, adding they had come to agreement on numerous issues with the Patidar leaders, which would be announced soon.
The party's chances of winning two seats in the Bharatiya Janata Party-ruled state in the March 26 Rajya Sabha polls has been severely dented.
Around 200 brokers are said to be involved in the scam; they have been summoned for questioning. Major brokerages questioned by the EoW so far include Anand Rathi, Motilal Oswal, India Infoline and Geojit Comtrade.
Market regulator, the Securities and Exchange Board of India, on Monday said one person named Jignesh Shah was found involved in price manipulation in stock markets and has imposed a fine of Rs 2.5 lakh (Rs 250,000) on him.
'The BJP will be wiped out in rural Gujarat.' 'In urban areas, its tally may come down from 55 of the 60 urban seats it won in 2012 to 35 to 40 seats this time.'
Readers share their favourite travel pics from all over this beautiful land. Share yours!
Slew of resignations at NSEL over past month in the wake of scrutiny; MCX gaps caused by new-age norms for commexes.
NSEL, promoted by Jignesh Shah-led Financial Technologies (India) Ltd, is facing the problem of settling Rs 5,500 crore.
Pathak, the son of retired director general of police and former Pune police commissioner K K Pathak, was arrested on Saturday.
Jignesh Shah-promoted MCX Stock Exchange (MCX SX) will partner London-based index calculator FTSE to create new index opportunities for the Indian financial markets.
The JNU student leader said, "There is an atmosphere of fear in the country and anybody who speaks against the government is threatened."
'Gauri was a woman of great integrity and few people know how modestly she lived, generously sharing the little she had.' 'Her only asset was the home her mother built.' 'But she had even bigger riches -- her capacious heart,' remembers former husband and close friend, Chidanand Rajghatta.
'Jignesh Mevani has many strengths: Youth, articulation, fearlessness, proficiency with social media, political and ideological flexibility.' 'Also focus, as in targeting the BJP as the one and only enemy for now and using that justification to align with the rest,' says Shekhar Gupta.
Mevani, after his meeting with the Gandhi scion, said he would ask his community members to defeat the ruling Bharatiya Janata Party in the Gujarat polls.
Kotak Mahindra Bank has decided to buy a 15 per cent stake in Multi Commodity Exchange (MCX) for Rs 459 crore from Financial Technologies India (FTIL).
NSE's own handle @nseindia was content tweeting out the press release in seven tweets.
Jamnalal Bajaj Institute of Management Studies is organising its annual business convention Strategym 2006.
Analysts are of the opinion that FIIs who have sold post-Budget, will buy once the market stabilises.
The East Delhi AAP candidate said that "obscene and derogatory" remarks against her was distributed in the constituency by her Bharatiya Janata Party rival Gautam Gambhir.
The MCX chief was in the US to clinch a deal with the NYSE that has bought 5 per cent stake in MCX.
.jpg)
MCX-SX was set up by FTIL and MCX, but they have been now classified as 'public shareholders' as against 'promoters' earlier, pursuant to a Sebi-ordered restructuring of its board and governance structure.
.jpg)
The National Spot Exchange Ltd, promoted by Jignesh Shah-led Financial Technologies, is facing a Rs 5,600-crore (Rs 56-billion) settlement crisis.
At least 1,100 postcards with a small message and tagline 'Badbu Gujarat Ki (stink of Gujarat)' were sent on Tuesday to state tourism's brand ambassador and Bollywood icon Amitabh Bachchan by Dalits as part of a campaign to highlight "atrocities" against them in the home state of Prime Minister Narendra Modi.
The Dubai Gold and Commodities Exchange, set up by Dubai and two partners from India and the first electronic multi-commodity derivatives exchange in the Middle East, will commence trading in November this year in precious metals contracts.
A major payment crisis involving Rs 5,600 crore (Rs 56 billion) broke out at National Spot Exchange last year.
The journey for 24-year-old Akash Anand would be much tougher, because dynastic succession goes against the grain of Dalit politics that B R Ambedkar founded.
Elections for 19 Rajya Sabha seats spread across eight states will be held on Friday with the contest in Gujarat, Madhya Pradesh and Rajasthan promising to be a close affair between the BJP and the Congress.
On July 25, these four youths were discharged from Rajkot hospital as doctors said their condition had improved. But they were rushed to the civil hospital in Ahmedabad next day.
'I got a very simple one-line brief from Ekta Kapoor that this character is like the Ramayan's Ram -- ideal husband, son and maryada purushottam.'
While the Congress is elated to see the new caste dynamics coming to its rescue, the BJP still believes that no one is leaving its ship.
Sebi on April 4 gave the brokerages 60 days to have their books vetted by third-party auditors.
Investor forum wants govt to take over exchange, raises doubts on claims of matching stocks; NSEL says default by brokers to be dealt with legally.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances