Nov 21, 2016 at 21:12 | Source: PTI
Crisis-hit 63 Moons Technologiestoday reported a sharp increase in net profit to Rs 28.43crore for the quarter ended September 30, 2016.
Nov 02, 2016 at 08:08 | Source: PTI
Besides, the Serious Fraud Investigation Office (SFIO) would look into the role of 20 defaulting entities as well as their nexus with brokers who were responsible for the payment crisis at the now-defunct National Spot Exchange Ltd (NSEL).
Oct 17, 2016 at 09:49 | Source: Moneycontrol.com
The initial probe in the case had revealed that some brokers involved in the NSELs Rs 5,574 crore payments crisis had mis-sold products. The investigations have concluded last month and the case has been referred to a bench under Section 11 (B) of SEBI, which protects the interest of market, says a Livemint report.
Oct 06, 2016 at 21:26 | Source: PTI
Crisis-hit Financial TechnologiesIndia (FTIL) today said the Enforcement Directorate hasdirected HDFC Bank to secure Rs 30.27 crore and then allownormal debit-credit operations in the current account.
Jul 29, 2016 at 17:52 | Source: PTI
The Centre has requested the Maharashtra government to expedite auction of properties attached in the Rs 5,600 crore NSEL payment crisis matter and also deploy full time "competent authorities" for dealing with work related to the defunct exchange.
Feb 11, 2016 at 21:16 | Source: PTI
The government also said that the CBI is enquiring into the conduct of government officials, including those from two public sector undertakings, to ascertain whether they were involved in abetting the payment crisis at the National Spot Exchange Ltd (NSEL)
Oct 15, 2015 at 20:52 | Source: PTI
In the wake of the payment crisis, the Corporate Affairs Ministry last year ordered the merger of NSEL with its parent firm FTIL but that has been challenged by the exchange and the matter is now before the Bombay High Court.
Sep 16, 2014 at 17:33 | Source: PTI
To ensure that FTIL takes responsibility to resolve the payment crisis at NSEL at the earliest, FMC has also suggested the government to consider taking over the management of FTIL.
Sep 16, 2014 at 16:55 | Source: PTI
To ensure that FTIL takes responsibility to resolve the payment crisis at National Spot Exchange Ltd (NSEL) at the earliest, Forward Markets Commission (FMC) has also suggested the government to consider taking over the management of FTIL.
Jul 21, 2014 at 13:23 | Source: CNBC-TV18
Samir Shah, MD and CEO of NCDEX says MCX trading volume has reduced post the NSEL crisis. Currently, MCX has a market share of 80 percent and NCDEX 15 percent.