Recent Highlights
All Stories for Nsel
SEBI bars former NSEL director Hariharan Vaidyalingam for 7 years from markets in MCX insider trading case
• 7 years agoIn August 2017, SEBI passed an interim order against eight persons, including Vaidyalingam, and also directed impounding the losses averted by them in the trading of MCX shares.
Jignesh Shah-owned 63 Moons Technologies to move Bombay High Court for defreezing operating accounts
• 7 years agoJignesh Shah-owned 63 Moons, formerly known as Financial Technologies, will move the Bombay High Court tomorrow against the state government's directives to freeze the operating accounts of the company
Sebi order on MCX and FTIL: Jignesh Shah denies any violations, alleges conspiracy
• 8 years agoShah had served as Chairman and Managing Director of FTIL at the time when the alleged insider trading happened
MCX Spot Exchange Forges Agri Tie-up With IL&FS
Fp Archives • 17 years agoThe Department of Information Technology, Government of India, has decided to establish 100,000+ ICT-enabled Common Service Centres in rural areas based on a Public Private Partnership model.
NSEL Scam: Maha govt forms taskforce to review probe into Rs 5,600-crore fraud
• 8 years agoMaharashtra government has formed a taskforce to review and coordinate the ongoing probe into Rs 5,600-crore National Spot Exchange Limited (NSEL) scam in which 13,000 investors lost their money.
Curious case of Jignesh Shah: Who gave orders to ED to arrest him?
Shantanu Guha Ray • 9 years agoSenior advocate Satish Manshinde said he was surprised at Shah’s arrest for money laundering because the case has been going on for more than two years.
ED arrests Jignesh Shah in Rs 5,600 crore NSEL money laundering scam
• 9 years agoOfficials said Shah was arrested under the provisions of the Prevention of Money Laundering Act (PMLA) as "he was not cooperating in the investigation".
Satyam to Fin Tech: India needs more high-profile arrests and early convictions
Deepak Shenoy • 10 years agoThis fraud reeks of things better left unsaid. But it pales, as a fraud, in comparison with some of the other things we’ve seen in the stock market
NSEL Scam: Trading activity was just done on 'paper,' says ED
Fp Archives • 10 years agoTrading 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.
NSEL defaults in third pay-out as well, members pay only Rs 15.4cr
Fp Archives • 12 years agoCrisis-hit National Spot Exchange Ltd (NSEL) today defaulted in payment of Rs 174.72 crore to investors as it could pay only Rs 15.37 crore, the third consecutive failure to meet their obligations.