Nsel Crisis

Jignesh Shah quits MCX, says NSEL crisis destroyed 'everything'

Jignesh Shah, who is embroiled in the Rs 5,600-crore payment imbroglio at NSEL, on Thursday resigned as Non-Executive Vice Chairman of MCX and said this crisis has destroyed "everything" he has worked for all his life.

Govt creates Joint Secretary post in Fin Min to deal with forward markets

The new officer will look after the Forward Markets Commission and works related with it.

NSEL: Police say board was aware of scam, EOW to attach investors' assets

Although investigations are still in the initial phase, according to CNBC-TV18 sources there was clear indication of mismanagement at the board level.

NSEL crisis: Allegations of fake firms, crooked brokers emerge

Mumbai Mirror reported that the EOW wing has discovered that nine of the 27 companies that defaulted in making payments to the exchange never existed.

NSEL crisis: Lookout notice issued against Jignesh Shah

NSEL crisis: EOW gathers 'crucial evidence' in probe, raids on

The police teams, which began raiding as many as 193 locations on Monday, including housing premises of NSEL top brass, brokers and defaulters, have completed their processes at 187 places, a senior EOW official told PTI today.

Mumbai police freeze NSEL bank accounts; no payout to investors again

NSEL: Link between stock exchange, brokers, HNI clients under scanner

NSEL owes Rs 253 cr to Motilal Oswal group

NSEL crisis: Investors want govt to seize assets of promoter firm FTIL

Investors of the crisis-ridden National Spot Exchange Ltd today demanded that the government seize the assets of NSEL promoter firm Financial Technologies India Ltd to safeguard their interests.