NSEL urges Sebi to resolve Rs 5,600 crore payment crisisThe payment crisis at NSEL -- part of Jignesh Shah-led FTIL group -- came to light in late 2013.
NSEL launches campaign to clear the air over Rs 5,600 cr payment crisisNSEL has launched a massive media outreach campaign explaining the circumstances leading to the Rs 5,600 cr payment crisis as well as how i...
Budget 2015: MCX shoots up nearly 15% as Arun Jaitley says FMC and Sebi will be merged; how it will helpFMC is the watchdog for commodity futures markets in India. On the other hand, SEBI is the regulator for capital markets.
Commodity trading turnover halves to Rs 65-trillion in 2014As a result, the total turnover appear to be falling to around Rs 65 lakh crore, almost half of Rs 123 lakh crore clocked in 2013.
NSEL networth jumped 4-fold to over Rs 175 crore in 2012-13The details have been provided in the draft order today wherein the government has decided to merge NSEL with its holding group .
Vested interests behind FMC's call for merger, alleges NSELIn fact, NSEL said, FMC decisions are dissipating the exchange's energy in various directions instead of a joint effort for recovery.
NSEL crisis: Remuneration up for FTIL directors; dividend payout unchangedBesides, the three directors also got Rs 6.77 crore as dividend payment in 2012-13, although this figure was unchanged from the preceding f...
FTIL auditor to continue till conclusion of adjourned AGMOn Sep 24, the auditor had withdrawn the report certifying accounts of the company and said that the financial statements of FTIL for 2012-...
Financial Technologies cracks 14% as Deloitte withdraws audit reportFinancial Technologies Ltd plunged as much as 14.4% on Wednesday, a day after its auditor Deloitte Haskins and Sells withdrew its audit rep...
RBI report raises red flag on NSEL crisisThe RBI working committee report on the on-going NSEL crisis has raised concerns on the potential systemic risks thrown up by the issue.
MCX stocks recover from lows after NSEL crisis; up 84% in 2 weeksShares of MCX have surged over 84% over the past fortnight after suffering a massive fall that was triggered by the crisis at NSEL.
- NSEL crisis: Sub-groups to submit report to DEA Secretary Arvind Mayaram tomorrow
The two working groups set up to look into violations by NSEL are likely to submit their reports to the Department of Economic Affairs Secr...
Warehouses storing commexes stock to be brought under WDRAWDRA under the Ministry of Consumer Affairs was created to regulate and promote orderly growth of the warehousing business.
We have a limited role to play in NSEL crisis: FMC Chairman Ramesh Abhishek'We have pointed out to NSEL and their promoters that if they do not meet their obligations, their 'fit and proper' status will be under do...
Crisis-hit NSEL's investors raise conecrns with Arvind MayaramInvestors today met Mayaram and sought that investigative agencies should take stringent action against those members who are not making pa...
Parliament to take up National Spot Exchange issue next weekMuch to the disappointment of a few investors and brokers, the FMC directed NSEL to upload the settlement calendar on its website.
Financial Technologies bounces back on NSEL payment plan; MCX down 10%Financial Technologies bounced back on BSE as its subsidiary NSEL proposed a staggered payment schedule to resolve the crisis.