NSEL board assisted defaulters in money laundering, alleges Enforcement DirectorateED alleged that the role of NSEL, its board of directors and key management personnel was relevant to the default by the 24 counterparties.
14 May, 2015, 08.12 AM IST
MSX says not linked to FTIL, NSEL and their promoters anymoreMetropolitan Stock Exchange (MSX) said that Massey had resigned way back in 2013 and Saurabh Sarkar is its current MD and CEO.
02 Apr, 2015, 06.34 PM IST
Enforcement Directorate names Jignesh Shah, Joseph Massey in NSEL case chargesheetOfficials said in the over 20,000-page prosecution complaint, the agency has chronicled how theRs 5,600 crore payment crisis scam was perpe...
02 Apr, 2015, 05.31 AM IST
CBI questions NSEL promoter Jignesh ShahCBI today resumed questioning of NSEL promoter Jignesh Shah in connection with a case registered against him.
14 Mar, 2014, 09.56 PM IST
CBI registers case against NSEL, Jignesh ShahCBI today carried out search at multiple locations, including the presmises of NSEL promoter Jignesh Shah.
13 Mar, 2014, 09.12 PM IST
NSEL scam: Ex-CEO Anjani Sinha sent to jailA city sessions court remanded former CEO of the National Spot Exchange Ltd (NSEL) Anjani Sinha to judicial custody in connection with the ...
01 Nov, 2013, 12.01 AM IST
NSEL was running a ponzi scheme: Mumbai police"Four to five people involved in the exchange used to get 3 per cent commission on each deal," said an officer who is probing the case.
11 Oct, 2013, 10.37 PM IST
CEOs face axe for irregularities, non-performance: ExpertsAs performance becomes the key word in today's challenging economic situation, top executives like CEOs are no more immune to actions for s...
08 Sep, 2013, 05.19 PM IST
Government considering proposal to shift FMC to Finance MinistryThe government is examining a proposal to bring commodity markets FMC under the purview of the Finance Ministry.
20 Aug, 2013, 09.47 PM IST
No reason for investors to panic: Anjani Sinha, NSEL'We are the platform where people have bought and sold. If the buyers are not paying money, then the exchange has all the rights to liquida...
01 Aug, 2013, 04.31 PM IST
- NSEL extends facility to convert e-Gold unit into 1 gram coin
Financial Technologies promoted NSEL is extending the facility of physical conversion of e-Gold units into one gram of gold coins.
02 Apr, 2012, 07.19 PM IST
- National Spot Exchange to introduce sugar trade from Saturday
The Financial Technologies and government undertaking NAFED promoted, National Spot Exchange Ltd would be starting spot trade in the sugar ...
20 May, 2011, 04.47 PM IST
- NSEL to launch new Agri products by August this year
The NSEL, which has launched e-series platform to invest in commodities, had plans to launch 20 more commodities in metals and agriculture ...
17 Mar, 2011, 06.58 PM IST
- Financial Technologies hints at shedding stake in NSEL to 26%
Financial Technologies, which holds a 99% stake in National Spot Exchange (NSEL), will bring down its holding to 26% over a period of time.
24 Jun, 2010, 12.03 AM IST
- NSEL may start online spot trading in rice in October
National Spot Exchange Ltd (NSEL), an electronic spot market, is likely to launch rice contracts in basmati and non-basmati varieties in Oc...
04 May, 2009, 02.49 PM IST
- NSEL steps in to buy cotton for Nafed
The National Spot Exchange (NSEL) has procured raw cotton worth Rs 30 crore on behalf of Nafed in December and January.
28 Jan, 2009, 02.51 AM IST
- Farmers to get 'online mandi' to sell produce
Computers may soon turn the preferred marketplace of farmers to sell their produce, with the National Spot Exchange Ltd getting licence fro...
01 Jun, 2008, 11.18 AM IST