National Spot Exchange

Apr 01, 2015 at 08:17 | Source: PTI
Among the large Sensex and Nifty companies, the three non-compliant firms till late evening were ONGC, PNB and BPCL -- all of them public sector entities, as per the status update report submitted by exchanges to Sebi. It could not be ascertained whether these companies made compliance with Sebi norms later in the night.
Mar 31, 2015 at 18:32 | Source: PTI
The Rs 5,600 crore scam surfaced at FTIL's subsidiary NSEL in August 2013 affecting 13,000 investors. The spot exchange has recovered only Rs 371.8 crore from defaulters as on March 30 this year.
Mar 26, 2015 at 19:16 | Source: PTI
Reacting to the development, shares of the company opened at Rs 138, then jumped as much as 6.91 percent to touch an intraday high of Rs 150.
Mar 24, 2015 at 08:52 | Source: PTI
The objective of the scheme which got board approval in December is to unlock value for shareholders to increase profitability, reduction of the debt and improvement of the serviceability of the debt.
Mar 21, 2015 at 17:34 | Source: CNBC-TV18
CNBC-TV18s Latha Venkatesh caught up with SS Thakur, Chairman of the Policy Making Committee of International Financial Centre; Neeraj Gambhir, co-head, Nomura India; and eminent lawyer Jayesh H of JurisCorp, to discuss what it will take to create one.
Mar 19, 2015 at 19:17 | Source: PTI
India Index Services & Products Ltd (IISL), a NSE group firm, has launched a quality parameter-based 'NSE Quality 30' index, adding to the existing suite of its strategy based indices.
Mar 19, 2015 at 16:54 | Source:
Shares of Ortel Communications saw major selling pressure on Thursday. The stock fell 10.36 percent to close at Rs 162.25 on the National Stock Exchange on first day itself.
Mar 19, 2015 at 10:52 | Source:
Indo National Ltd has submitted to BSE a copy of letter received from Madras Stock Exchange regarding Voluntary delisting of equity shares of the Company from Madras Stock Exchange.
Mar 19, 2015 at 10:38 | Source:
Investors turned sellers in Ortel Communications on Thursday, the day one. The stock fell 11.6 percent in opening trade to Rs 160.05 (the day's low) on the National Stock Exchange against the issue price of Rs 181.
Mar 18, 2015 at 21:45 | Source: PTI
The exchange said so far it has received details of only 3,600 investors against a 13,000 who claim to have lost around Rs 5,600 crore in the scam.
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Source:NDTV Profit - New Delhi: Following the exit of Deloitte as auditors in the aftermath of the National Spot Exchange crisis, Financial Technologies India Ltd (FTIL) on Wednesday said it has appointed Sharp & Tannan Associates as its auditors with immediate effect.

1.18 PM Jun 26th 2014


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MCX India  

.5574 crore at its subsidiary National Spot Exchange (NSEL). Company holds 26% stake in the MCX and now will have to exit fully in view of new norms announced by the Forward Markets Commission. According to the source JM Finance has started getting binding offers for MCX stake. JM is the financial

8.58 PM May 22nd 2014

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Spot Exchange Limited (NSE

12.50 PM May 6th 2014

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Source:Economic Times - NEW DELHI: Jignesh Shah has quit from the board of Indian Energy Exchange (IEX) amid his group grappling with multiple woes in the wake of Rs 5,600 crore payment crisis at the National Spot Exchange Ltd. Financial Technologies (India) Ltd, founded by Shah and also

1.27 PM Apr 4th 2014


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MCX India  

-SX which has been under the Central Bureau of Investigation’s radar for discrepancies in granting license to the bourse in 2008. The company’s ‘fit and proper’ status come under the spotlight after the Rs 5600 crore National Spot Exchange Limited (NSEL) payment crisis came to fore. Game is over for Mr

9.44 PM Mar 19th 2014

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derivatives. Shah is now under a cloud following defaults on his National Spot Exchange Ltd (NSEL), but Bhave actually had nothing to do with this exchange or the permissions given to it. The CBI seems to be on a guilt-by-association trip, and has launched a preliminary enquiry (PE) about the role played

6.05 PM Mar 18th 2014


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CBI carries out searches at 15 locations including the offices of National Spot Exchange LTD in Mumbai - PTI Good news started to come!!! Lets hope the others follow..soon to join the -ve party

12.31 PM Mar 13th 2014


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. Thanks NSEL crisis: 3 audit cos face criminal action for lapses Surojit Gupta & Sidhartha TNN New Delhi: Three audit firms %u2014Mukesh Shah & Co, S V Ghatalia & Associates and Deloitte, Haskins & Sells%u2014are facing criminal action for alleged lapses at the now-defunct National Spot Exchange Ltd

2.26 PM Mar 10th 2014

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Source:Business Today - Embattled spot commodity bourse National Spot Exchange (NSEL) has paid Rs 50 lakh against scheduled payment amount of Rs 86.02 crore, defaulting for the 28th straight time.The bourse has settled Rs 322.6 crore so far against Rs 5,500 crore that it owes to investors.

8.12 PM Feb 27th 2014


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Tech Mahindra  

/Mumbai: Financial Technologies (India) Ltd (FTIL), which is embroiled in a Rs.5,574.34 crore payment crisis at its unit National Spot Exchange Ltd (NSEL), is open to the idea of selling a stake in itself, chairman Jignesh Shah said on Friday. “We are not averse to stake sale. However, will not be able to comment

8.27 PM Feb 21st 2014

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