The FMC on Thursday barred the National Spot Exchange and group firms from auctions of commodities held by the bourse after a complaint that firms related to the former managing director took part in the bidding process.
In his campaign blitzkrieg in poll-bound Gujarat, Prime Minister Narendra Modi on Sunday accused the Congress of seeking to divide the people on caste and religious lines.
In Gujarat, Amit Shah's tactic of spiriting away Congress leaders and MLAs is jocularly called 'shop-and-buy votes'. Although haemorrhaging the Congress is a vital aspect of his election blueprint, an aide said, "Amitbhai wants to win on our strengths and not by weakening the Congress."
The Income Tax department has declined to share details of probe being carried out in Rs 5,600 crore (Rs 56 billion) payment default by National Spot Exchange Limited (NSEL) saying it would "hamper the process of investigation or apprehension of offenders".
''The Congress has forgotten how to mobilise people on political issues,' says Aakar Patel.
The company's accounts were audited by CAG as its shareholders include public sector banks.
Under U K Sinha, Sebi became a pan-India organisation with local offices in 16 cities
Muslim community members came in large numbers to support the Dalit community in their campaign.
A total of 851 candidates are in the fray for 93 seats spread across 14 districts in north and central Gujarat, in the final phase of the polls, where 2.22 crore people are eligible to exercise their franchise.
MCX and MCX-SX are facing the worst crisis in their existence following the Rs 5,574 cr fiasco at the National Spot Exchange.
'Gujarat is a high turnout state and the BJP, even if it leads opinion polls, must ensure that its base comes out and votes.' 'The Congress can be confident that, even though its base is smaller, their voters will turn out because they are angry.'
'Had Sam Bahadur not dictated the timing of India's military intervention, Bangladesh would not have been created without a prolonged battle.' 'Manekshaw's strategy won the war for India in just 13 days,' says Sudhir Bisht.
The Congress forget Modi has demigod status in Gujarat and there is no way he can be defeated in the state, argues Syed Firdaus Ashraf.
MCX Stock Exchange, set up by crisis-hit NSEL's promoters, on Friday appointed Saurabh Sarkar as CEO and announced plans for fresh capital infusion by its existing shareholders among measures to boost business.
Mayawati has accused 'Ravan' of being a BJP agent who is dividing the scheduled castes.
Patel quota leader Hardik Patel on Tuesday returned to Gujarat after spending six months away from his home state and launched a second round of agitation by appealing to Patels to unitedly fight against prevailing "autocracy" in the state, an oblique reference to the ruling Bharatiya Janata Party.
The Patidar Anamat Andolan Samiti leader said that reservation formula given by the Congress for his community will be over and above the 50 per cent quota for the Schedule Tribes, Schedule Castes and Other Backward Class.
In an hour-long chat on rediff.com on Friday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
'In Gujarat, for 22 years when the BJP was in power, they sold only dreams, but the delivery was zero.'
Preliminary investigations conducted by capital markets regulator Securities and Exchange Board of India and inputs from other regulators and government departments suggest that some brokers were offering structured financial products to their HNI clients under some portfolio investments schemes for high returns of 10-20 per cent.
After defaulting for a consecutive time in paying its investors, National Spot Exchange Ltd (NSEL) got a Rs 177-crore (Rs 1.77 billion) lifeline from its main promoter, Jignesh Shah-run Financial Technologies.
'The decline in BJP seats tells us that despite the rote incantation of the development mantra, Gujarat is not immune to the economic pain the country is feeling and is telling the ruling party so,' says Shreekant Sambrani.
The result in Gujarat was not as grand as the saffron party had expected as the party did not even cross its 2012 tally.
A total of 89 seats -- out of 182 -- spanning the Saurashtra and south Gujarat regions, are up for grabs in the first phase with 977 candidates in the fray, including Chief Minister Vijay Rupani.
'In Bihar, the Dalits are not a consolidated socio-political constituency,' says Mohammad Sajjad.
'The Muslim identity of the family appears incidental to the subject of the film...' 'The self-sacrificing, suffering mother film could have belonged to any religion.' 'The abusive father, who prefers his son to his daughter, could have followed any religion.' 'That the Muslim household is remarkably free from religious symbolism is also the strength of the film,' feels Mohammad Asim Siddiqui.
Nationalism, Hindutva, and war on corruption, not growth, will define Modi's politics until 2019.
FTIL stock on Thursday fell by over 60 per cent in early morning trade, while that of Multi Commodity Exchange plunged by 20 per cent following concerns about another group entity National Spot Exchange Ltd.
Investors sought to book profits at attractive valuations after recent run up in last few trading sessions.
The RBI view comes within a fortnight of the sectoral regulator FMC in a report stating that the promoter Shah and promoter company Financial Technologies are not eligible to run the crippled exchange, an order challenged by the group in the Bombay High Court.
Modi and Shah can't afford to lose any of the 24 per cent Dalit vote of 2014, says Shekhar Gupta.
Department seeks investor database on the suspicion of fictitious investors.
He alleged that the Congress was 'deceiving' the people over the issue of reservation, while the agitators were lining up for poll tickets.
Some of the letters exchanged between the arrested activists spoke of planning 'some big action' which would attract attention, Singh said.
Few top honchos of India Inc did very well in 2014.
The BJP assessment -- or at least that of some of its leaders -- is that the Congress in Gujarat has peaked too soon, having already fired all its weapons and has nothing new to say.
In yet another setback to it, the National Spot Exchange Ltd on Monday saw non-executive chairman Shankarlal Guru and another director quit, blaming 'bad people' in the management team for the crisis at NSEL.
Dalit leaders ask community members to give up disposing dead cattle to 'send a strong message' to the Gujarat government.
Fresh protests erupted on the University of Hyderabad campus on Tuesday over the alleged suicide by Dalit scholar Rohith Vemula even as members of a social outfit tried to hold a demonstration outside the residence of Union Minister Bandaru Dattatreya, who has been accused in the suicide case.
