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FTIL's stake sale: Forward Markets Commission to meet on May 6

 Commodity markets regulator FMC will meet on May 6 to decide the next course of action against MCX as the deadline for complying with its order to ensure that erstwhile promoter FTIL reduces its......

Government orders merger of NSEL with FTIL

 FTIL prepares to challenge the order in the Bombay high court The Union Ministry of Corporate Affairs (MCA) on Friday ordered the amalgamation of the crisis-hit National Spot Exchange (NSEL) with......

The Jignesh Shah case: Govt must act fast or face ire

 For a govt that prides itself on talking in one voice on critical issues, a lack of consensus on 'how not to let Jignesh Shah get away' could become a huge embarrassment. On Thursday morning, The......

India Inc's shining stars and few who lost glory in 2014

 2014 was a mixed bag for India Inc, few made it, few slipped. An employee uses a computer mouse inside an office. Photograph: Kamal Kishore/ Reuters Sachin Bansal: India's e-tail poster boy For......

Jignesh Shah quits as Financial Technologies MD

 Jignesh Shah, who is fighting legal cases in the NSEL's Rs 5,600-crore (Rs 56 billion) scam, has resigned as the Managing Director of Financial Technologies India, a company set up by him, and......

NSEL crisis: Govt mulls Board changes for merged entity

 After ordering merger of crisis-hit NSEL with parent firm Financial Technologies to help affected investors get their dues, the government is starting a process to assess compensation amounts and......

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