Samir Shah

The exchange is also keen on options trading in more agri-commodities, enthused by the results of guarseed option that was launched last week, he said.

Sebi approves six-month extension for NCDEX MD Samir Shah

Shah was appointed in 2013 as per the regulatory framework of erstwhile Forward Markets Commission (FMC) for three years till 2016. Later, his tenure was extended for an year till August 20, 2017.

NCDEX tightens deposit operations at warehouses audit checks

The National Commodity and Derivatives Exchange Ltd (NCDEX) today said it has decided to tighten deposit operations at warehouses audit checks to ensure quality of deposits.

Budget 2017: Commodity bourses' woes & hopes

In an interview to CNBC-TV18‘s Manisha Gupta, Samir Shah, MD & CEO at NCDEX spoke about the wishlist prepared by the commodity bourses for the upcoming Budget.

Discussing the future and options of commodities

In an interview to CNBC-TV18‘s Manisha Gupta, Mrugank Paranjpe of MCX, Samir Shah of NCDEX, Vijay Sardana – member of CDAC, Kunal Shah of Nirmal Bang Commodities and BK Sabharwal of CPAI speak about commodities and which of those are ready of options.

Impact on exchange volumes a short term pain: NCDEX

The withdrawal of Rs 500 and Rs 1,000 notes has had a short-term impact on the exchange volumes on NCDEX and it will be a few weeks before the exchange is completely back to the old trading levels and participation levels, said Samir Shah, Managing Director, NCDEX.

Aurionpro shares jump 12% on acquisition of Spikes Security

"The Silicon Valley based subsidiary for enterprise security will operate under the new brand name of 'Cyberinc - An Aurionpro Company' and will be headquartered in Los Gatos, California," the Mumbai-based IT solutions provider said in its filing.

Exchange ready for new products; prices impacting volumes: NCDEX

Talking about the drop in volumes of agricultural contracts, Samir Shah, MD, NCDEX said that is mainly because of the rise in prices of food commodities.

Institute of Chartered Accountant of India Confers HDFC ERGO General Insurance with the Excellence Award for Financial Reporting

HDFC ERGO General Insurance, one of India’s key private insurance company has been conferred the Gold Shield award by Institute of Chartered ...

NCDEX launches mobile app for investors

The online commodity exchange has partnered with Trakinvest, a Singapore based financial technology firm, to develop this app.

NeML facilitates commodities trade of Rs 20,500 cr in FY15

NeML's impact on the Indian commodity markets is reflected in its good financial performance," NeML Director Samir Shah said in a release issued here. In FY 2013-14, NeML facilitated the trade of 34 lakh tonnes in essential commodities, worth Rs 10,422 crore.

NCDEX to levy risk management fee on fresh open position

The levy of Rs 5 per lakh on incremental open position will be applicable from October 15. However, the exchange has decided to levy risk management fee only on commodities categorised in list "A" group, a NCDEX release said.

NCDEX spot's turnover may reach Rs 7,000 cr

"Spot markets are still shaken due to NSEL crisis, but we are confident that NCDEX spot exchange (NSPOT) sales turnover is likely to be more than doubled to Rs 7,000 crore by the end of this fiscal," NCDEX Managing Director and CEO Samir Shah told reporters here.

NCDEX launches cotton seed futures contract

As per the contract specifications, contract will be of industrial grade cotton seed. It will have basis centre at Akola in Maharashtra and additional delivery centers at Yavatmal, Aurangabad and Rajkot. The tick size will be Re 1 and lot size will be 10 MT.

NCDEX re-launches steel long futures

NCDEX, the leading commodity exchange has re-launched its Steel Long Contract based on the BIS 2830 grade, as is mandated by the Government of India.

NCDEX receives approval to reduce staggered delivery period

NCDEX, the country's leading agri-commodity exchange, has received approval from the commodity markets regulator; Forward Markets Commission (FMC) for the reduction of staggered delivery period to the last 10 days of the expiry in all the agricultural futures contracts in which staggered delivery system has been in existence.

India's Universal Commodity Exchange's CEO resigns

India's Universal Commodity Exchange's Chief Executive Samir Shah resigned on July 5, citing personal reasons, about a month after he joined the company.