Nsel Scam

Jignesh Shah and the NSEL scam: New book looks at decimation of FTIL head's empire

A new book called 'The Target' by Shantanu Guha Ray looks at the decimation of NSEL scam accused Jignesh Shah's global empire; how he broke the market monopoly and the price he paid.

Curious case of repeated arrest and release of Jignesh Shah (or how Rs 5,600 cr lost without trace?)

It is clear that there is a pattern in the way all the investigative agencies went about handling the Rs 5,600 crore NSEL scam case

NSEL scam: FTIL to seek legal remedies after EOW attaches Rs 2000 cr assets

We will take all legal remedies to protect the interests of our shareholders and employees, the company said

Jignesh Shah arrested: Charting the Rs 5,600 crore NSEL scam

Despite the various probes launched into the scam, it is getting murkier. It will be a long wait for the truth to come out

NSEL Scam: Trading activity was just done on 'paper,' says ED

Trading activity at the scam-hit NSEL was just being done on "paper" by accused firms as they allegedly laundered genuine investor funds to not only purchase costly properties but also for advertising expenses and settling personal loans, according to the ED.

No adverse comments by CAG on MCX-SX, finds accounts clean in supplementary audit

Private bourse MCX-SX today claimed that public accounts watchdog Comptroller and Auditor General of India has not made any adverse comments or observations on the auditors report in the supplementary audit, which negates any wrongdoings in the accounts for FY'14.

NSEL scam: HC to examine charge sheet before deciding on Jignesh Shah bail

The Bombay HC it would peruse the charge sheet filed against Jignesh Shah before deciding on his bail plea.

NSEL director Jignesh Shah quizzed again; focus now on broking firms

NSEL, where Shah is one of the Directors, is at the centre of a Rs 5,600-crore payment crisis which came to light in July last. Mumbai Police's Economic Offences Wing (EOW) is probing the scam.

'Arrest Jignesh Shah,' NSEL investors urge Mumbai police

Over 200 aggrieved investors of the beleaguered National Spot Exchange Ltd (NSEL) demanded that the Mumbai Police arrest Jignesh Shah and other key accused, besides speeding up recovery from borrowers and defaulters within a stipulated time period.

NSEL scam: ED attaches assets of borrower firm worth Rs 100 cr

The Enforcement Directorate has attached a fresh estimated Rs 100 crore assets of a borrower company and its associates in connection with money laundering probe in the National Spot Exchange Limited (NSEL) scam case.