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NSEL SETTLEMENT NEWS
Settlement scheme for NSEL's brokers to open from Aug 25: SebiMarkets regulator Sebi on Wednesday said a settlement scheme for stock brokers, who traded on the now-defunct National Spot Exchange Ltd (N...- What is Sebi's new NSEL settlement scheme, and how will it benefit stock brokers?Sebi has introduced a one-time settlement scheme for brokers involved in the NSEL scam, offering a capped penalty and optional debarment in...
- Market Movers: US, China head for new trade talks; RBI's big dividend & spike in crude priceHere’s a lowdown on top macro triggers that may move market on February 19, 2019.
- Cases against film stars, PILs dominated legal scene in MaharashtraCases related to former Miss World Yukta Mookhey's divorce, actor Shiney Ahuja's hearing, Vodafone IT issue and Adarsh scam also made news.
- RIL, IGL, MCX, Wockhardt & Ranbaxy under scanner: Will it impact stock performance?Some have come under the lens of regulatory bodies for supposed transgressions, while others have sufferred due to policies or government o...
- NSEL fiasco: Financial Technologies recovers from lows; down over 60% so far in AugustShares in Multi Commodity Exchange of India, another FT-promoted entity, were locked in lower circuit on the Bombay Stock Exchange.
- Have not recommended to clients to borrow funds & invest via NSEL: Nirmal Jain, IIFLWe have 1 million clients. They buy and sell stocks, they buy and sell commodities. The prices may go up and down, they make loss and profi...
- NSEL fiasco: Financial Technologies cracks 35%; down over 60% so far in AugustShares in MCX, another FT-promoted entity, were also locked in lower circuit on the BSE. The stock slipped 5% to its fresh 52-wk low.
- After NSEL crisis, there is a way to fix commodity spotsWhile some assets are traded and settled through 21st-century procedures, at least in one other asset class, the trade plumbing is antiquat...
- Financial Technologies rallies 45% ahead of Jignesh Shah's news briefingFinancial Technologies Ltd managed to bounce back over 40 per cent ahead of a news briefing by Chairman and CEO Jignesh Shah.
- Hot Spot: Financial Technologies chairman Jignesh Shah faces an acid testWith thousands of investors of the FT-promoted spot exchange crying foul, Shah is struggling to come up with a commitment that can salvage ...
- Don’t have any exposure to NSEL: R Venkatraman, IIFL'We are a broker. To that extent, our obligation is to make sure that we have to take the client money and pay it to the exchange,' says R ...
- Financial Technologies wipes out over 64% of investors wealthShares of Financial Technologies plunged over 66% in trade on Thursday to mark its biggest intra-day fall since its listing on the bourses.
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