Mumbai : With the commodity derivatives coming under Sebi's jurisdiction, Finance Minister Arun Jaitley today said the regulator must ensure that manipulative activities are curbed in this market and expressed confidence that NSEL-like problems would
Mumbai: The sessions court here today heard the bail application of MCX promoter Jignesh Shah and his aide, arrested in Rs 5,600 crore NSEL payment scam case.After hearing his lawyers, the court adjourned the case
New Delhi: NSEL Investors Forum Wednesday hoped that the arrest of FTIL chief Jignesh Shah will help in early recovery of funds in the Rs 5,600-crore payment scam at the spot exchange.NSEL Investors Forum represents
Mumbai: The Bombay High Court today asked the Chairman of Forward Markets Commission and Director of Enforcement Directorate to appear before it on May 7, so that it can take decision about the liquidation of
New Delhi: Crisis-hit NSEL has invited bids to sell off 14,200 tonnes of Ferrochrome stock belonging to a defaulter Metkore Alloys and Industries in order to recover the balance amount of Rs 95.08 crore.Metkore Alloys,
New Delhi: Embattled spot commodity bourse NSEL has settled Rs 330 crore, or 6 percent of the amount due to investors since it suspended operations, missing its own deadline to clear payments.The National Spot Exchange
New Delhi: Embattled spot commodity bourse National Spot Exchange (NSEL) has paid Rs 50 lakh against scheduled payment amount of Rs 86.02 crore, defaulting for the 28th straight time.The bourse has settled Rs 322.6 crore
Mumbai: Crisis-ridden National Spot Exchange (NSEL) today said e-Series investors could realise their funds once approvals from Forward Markets Commission (FMC) and the courts are in place.It is expected that investors in e-Series units will
Mumbai: The Securities and Exchange Board (Sebi) today adjourned to February 12 hearing on the eligibility of Financial Technologies (India) Ltd, whose group entity NSEL is at the centre of a scam, to run stock
Mumbai: Jignesh Shah, promoter of scam-hit National Spot Exchange Ltd (NSEL), was today grilled by police for several hours even as the ongoing probe showed some broking firms and their directors had linked up with
Mumbai: Jignesh Shah promoted-Financial Technologies India Ltd today urged the Bombay High Court to grant temporary protection from the order of Forward Market Commission (FMC) seeking reduction of its shareholding in Multi-Commodity Exchange from 26
Mumbai: The Mumbai Police today filed a 9,800-page chargesheet against five accused arrested in connection with the National Spot Exchange Ltd (NSEL) scam, which involves a payment default of Rs 5,600 crore.The voluminous charge sheet
Mumbai: The Bombay High Court today refused to appoint a Court Commissioner on a plea made by scam-hit NSEL as Rs 80 crore was expected to come in from the borrowers in the next few
Mumbai: The troubled National Spot Exchange Ltd (NSEL), facing a payment crisis of Rs 5,600 crore, said today one of its defaulters P D Agroprocessors has agreed to pay Rs 42.77 crore in eight instalments.The
New Delhi: Crisis-ridden bourse NSEL today paid about Rs 9 crore against the scheduled payment amount of Rs 174.72 crore, defaulting for the 17th straight time. With today's pay-out, NSEL has so far settled about
Mumbai: Two days after Mumbai Police attached his properties, Jignesh Shah, director of the beleaguered National Spot Exchange Ltd, today told investigators that he was making “relentless” efforts to recover money from defaulters.“Shah showed up
Mumbai: Sebi Chairman UK Sinha today allayed fears of crisis at the parent group of MCX-SX spilling over to the bourse saying that the troubled Financial Technologies- promoted stock exchange is ring-fenced from other group
Mumbai: Mumbai Police, which is probing the Rs 5,600 crore payout scam involving the National Spot Exchange Ltd, has attached 100 of the 166 properties of the defaulters it has identified so far besides seven
Mumbai: The harried NSEL Investor Forum, the umbrella group of investors of the crippled spot commodity exchange, today said it has filed a complaint against EY India with the Economic Offences Wing (EOW) of the
Mumbai: The Bombay High Court in an interim order today asked the Forward Market Commission (FMC) to appoint an agency to conduct the forensic audit of e-series contracts in the scam-hit National Spot Exchange Ltd
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