Commodity MCX / NCDEX tips, Moneymunch Complaints, News

Moneymunch found CBI complaints against MCX-SX licence

mcx jignesh shah
CBI director Ranjit Sinha
IT (Income Tax Department) had raided the offices of MCX and FTIL on June 19, 2007. The CBI is looking into this matter five years after the permission was granted and Sebi chief C B Bhave said “MCX Stock Exchange case, CBI working with ‘crazy logic'”. Central Bureau of Investigation (CBI) said on Thursday that it had registered a preliminary inquiry against former Securities and Exchange Board of India (Sebi) chief C.B. Bhave, its former whole-time member K.M. Abraham, Multi Commodity Exchange of India Ltd (MCX) and Financial Technologies India Ltd (FTIL).
P Chidambaram
Our Finance Minister P Chidambaram last words were on this matter, “don’t think CBI has all the facts on Bhave case. I am sure the Sebi records give reasons for why it gave them the licence for currency futures”.
Jignesh shah
But two days back at evening, Jignesh Shah was taken to CBI headquarters in Mumbai for questioning. The enquiry, in this instance, has been registered in connection with the grant of a license to MCX Stock Exchange (MCX-SX), which first started operations in 2008 with its currency derivatives segment. Shah was later released by CBI.

Get free MCX ideas, chart setups, and analysis for the upcoming session: Commodity Tips

Want to get premium trading alerts on gold, silver, crude oil, etc., and unlimited access to Moneymunch? Join today and start potentially multiplying your net worth: Premium MCX Calls

Premium features: daily updates, full access to the Moneymunch #1 Rank List, Research Reports, Premium screens, and much more. You΄ll quickly identify which commodities to buy, which to sell, and target today΄s.

Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.

Previous ArticleNext Article
One of the few non-biased certified advisors that one correctly called the current bull/bear market before it began. And to have positioned their clients accordingly. As a result of their accurate forecasts in the commodity and forex markets, they are becoming increasingly more renowned. They(he) had been quoted in many newspapers as Mr.Dev(s) and highly recommended by local financial newsletters & advisory services. Most of them have been working since the 1997 year. Mr.Dev also is the founder of Forex account management services on Moneymunch.com.

Visit here: Premium Commodity & Forex Tips
Join Today (Free): Commodity Tips | Forex Signals

2 Comments

  1. I am actually grateful to the owner of this web site who has shared this wonderful article at here.

Write a Comment

Comment Policy: We love comments and appreciate the time that readers spend to share ideas and give feedback. However, all comments are manually moderated and those deemed to be spam or solely promotional will be deleted. Your email address will not be published. Required fields are marked *

//
//
Live Chat
< 4 min wait
//
Get a callback
<10 min wait

Chat with us on WhatsApp

Send this to a friend