The Finance Ministry had noted, in 2007, that Financial Technologies, the owner of the defaulted NSEL, was potential not fit-and-proper for running a stock ...
In the NSEL saga, the endgame is starting to play out. Not to the liking of the top officials of the infamous spot exchange, of course. Two of them, Amit ...
The Forward Markets Commission (FMC) has issued a show-cause notice to Jignesh Shah and FT (Finantech), asking them to defend their “fit-and-proper” status ...
CBI to probe NSEL, says Chidambaram. And the cops have filed an FIR. The noose is tightening around the Jignesh Shah empire, The Grant Thornton Forensic Audit ...
Since many of you are bored of NSEL, I’ll stop writing about it NO! This is a matter of serious outrage and we can’t let these fellows go scot free! ...
The incredulity in the NSEL scam never ceases to amaze. Latest is that the ex-CEO Anjani Sinha tells a judge that he is the fall guy. Here’s his full ...
The ex-CEO of the National Spot Exchange Limited (NSEL) has now decided to take the entire blame of the 5,500 cr. scam. So first there was a Ponzi scheme ...
In FinTech’s annual report, note that NSEL’s settlement guarantee fund was close to non-existent in comparison with the 800 cr. , 60 cr. and even 5 cr. ...
A letter by the NSEL Investors Forum chief Arun Dalmia seems to state that Jignesh Shah is in “advanced discussions” to sell his stake in Financial ...
The licence of MCX-SX, the stock exchange whose promoters are the same as NSEL (Financial Technologies and MCX), has been renewed for one year. This is despite ...
