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Nsel

Aug 28, 2014 at 14:35 | Source: PTI
The draft rules, on which public comments have been sought by September 15, come in the wake of Rs 5,600 crore payment scam at the National Spot Exchange Ltd (NSEL) that surfaced in July last year, exposing loopholes in the system.
Aug 27, 2014 at 22:33 | Source: CNBC-TV18
National Bulk Handling Corporation (NBHC) is looking to reinvent itself post its sale by Jignesh Shah's FTIL. The new management is working overtime to ensure that the NSEL scam taint doesnt impact the company in any fashion, reports Aastha Maheshwari.
Aug 22, 2014 at 16:15 | Source: CNBC-TV18
The Bombay high court on Friday granted bail to MCX promoter Jignesh Shah in connection with the Rs 5600 crore NSEL scam on the condition that he must report to investigating agency office twice a week, every Monday and Thursday until further notice.
Aug 20, 2014 at 15:43 | Source: PTI
Unlike capital markets regulator SEBI, FMC is not an autonomous body. The government is in the process of strengthening the FMC, especially after the Rs 5,600 crore payment scam surfaced at National Spot Exchange Ltd (NSEL).
Aug 20, 2014 at 14:51 | Source: Moneycontrol.com
In what would be an unprecedented move, the Forward Markets Commission (FMC) has suggested the government merge the privately-owned National Spot Exchange Ltd (NSEL), with its parent Financial Technologies India Ltd (FTIL).
Aug 16, 2014 at 12:35 | Source: PTI
According to FMC data, the turnover from bullion fell by 69 percent to Rs 7.18 lakh crore in April-July of this fiscal from Rs 22.93 lakh crore a year ago.
Aug 11, 2014 at 21:01 | Source: CNBC-TV18
These arrests take the count of arrests to a total of 10 out of 24 borrowers.
Aug 10, 2014 at 10:14 | Source: PTI
The Rs 5,600-crore NSEL scam could have been averted had its top management and other functionaries "performed their duties and exercised due diligence" to check the dubious activities of defaulting firms which have been alleged to have cheated numerous investors, investigation by Enforcement Directorate (ED) has revealed.
Aug 04, 2014 at 18:09 | Source: CNBC-TV18
This is an important development, considering that the chargesheet will mention the exact role played by FTIL promoter Jignesh Shah in the entire scam.
Aug 01, 2014 at 08:04 | Source: Moneycontrol.com
NSEL, a national level electronic commodity spot exchange, suspended trading in all contracts except "e-series" until further notice, triggering frantic selling in the two listed group companies (FTIL and MCX). This August 1 event sent hock waves among the 13,000 investors who had put in their hard-earned money.
Messages on Nsel »

Nam611111

New Member

0 Follower

Responsive Ind  

I think there is insider trading in this stock. The traders have played with this stock to take its price to 100 levels where they can book profits and now when poor investors have put in their money, they are selling thier stake. This needs to be reported to NSEL or SEBI..

2.19 PM Jul 1st

Lakshmi Energy  

what is nsel payment

4.08 PM Jun 20th

Krishk73

New Member

0 Follower

Lakshmi Energy  

As long as there is no clarity on NSEL payments, the stock will not move anywhere.

3.25 PM Jun 20th

rajxen

Silver Member

1 Followers

MCX India  

The volumes on MCX are falling down because of NSEL and CTT? Any idea as how the volumes will increase on MCX? eI a strategic investor like Kotak takes the stake of FTIL in MCX, How are they going to increase the volumes on MCX. Any thoughts please?

5.44 PM Jun 19th

marketman

Platinum Member

14239 Followers

Financial Tech  

BZuy on declines is the strategy in this counter now.... mcx forced stake sale will give huge money.... more than 50% of that will go to nsel investors..... another 25% will go to bail and legsl expenses..... the remaining 25% will be in comoany which belong to investors..... with that cash jignesh

9.14 PM Jun 18th

DLF guru

Silver Member

5 Followers

Financial Tech  

The sessions court here today reserved till June 21 the order on the bail applications of MCX promoter Jignesh Shah and his associate, arrested in the Rs 5,600 crore NSEL scam.

7.28 PM Jun 18th

dev9939

Silver Member

57 Followers

Other Market Topics  

system to improve efficiency *One third of India Inc lacks debt servicing muscle *Don`t allocate Sukinda chromite deposits to Tata Steel till Thursday: HC to Odisha *Metcore blocks NSEL, SAIL from inspection of ferrochrome stocks *Steel Min red flags fall in iron ore prod; blames judicial

8.51 PM Jun 16th

DLF guru

Silver Member

5 Followers

Financial Tech  

Jignesh Shah again missed a chance to come out on bail today as a lawyer of an intervener, who is an investor of the crisis ridden NSEL has submitted some email conversations showing instances of how Shah was kept informed about happenings at the spot exchange. The email prints submitted

8.47 PM Jun 16th

rulethebrai
n

New Member

3 Followers

Financial Tech  

ET NOW ‏@ETNOWlive NSEL Case: Mail sent to Jignesh by Anjani Sinha submitted as evidence

12.55 PM Jun 16th

rulethebrai
n

New Member

3 Followers

MCX India  

ET NOW ‏@ETNOWlive NSEL Case: Mail sent to Jignesh by Anjani Sinha submitted as evidence

12.53 PM Jun 16th

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Jul 10, 2014 at 11:42 | Source: Calcutta Telegraph News
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