Source:Economic Times - MUMBAI: The Forward Markets Commission (FMC) has asked bourses to clamp down on circular trading as the commodity markets regulator tightens its scrutiny of transactions after being placed under the oversight of the finance ministry following the Rs 5,600-crore NSEL crisis
4.17 PM Apr 15th 2014
. 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
the NSEL crisis came to light. Between July and November, as the crisis at NSEL unfolded, turnover on MCX declined by 48%. While there has been some revival in the last three months, turnover remains 33% below what was recorded in the month of July. "The main reason why the volumes have gone up in MCX
10.09 PM Feb 5th 2014
I fail to understand why media and now FM is insisting on retail participation. Is it because , they are the most vulnerable and give them quick profits through manipulation? The latest example is NSEL crisis, once again the small people have lost lot of their money, life savings.
2.43 PM Dec 14th 2013