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    • MCX Chairman V Chary, 5 directors resign from Board

      MCX Chairman Venkat Chary and five other directors on the commodity exchange board quit today. The development comes on the heels of NSEL defaulting on the second payout for settling Rs 5,600 crore dues after it suspended trade on July 31 following government's direction in the wake of violation of certain rules.

    • Two directors resign from Financial Technologies's board

      Financial Technologies (India) Ltd (FTIL), the promoter of National Spot Exchange Ltd (NSEL), today said the company's two directors R Devarajan and PR Barpande have resigned from the board.

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