News for '-lotus-refineries'

NSEL declares 9 members as 'defaulters' for not making payment

NSEL declares 9 members as 'defaulters' for not making payment

Rediff.com23 Aug 2013

NSEL, promoted by Jignesh Shah-led Financial Technologies (India) Ltd, is facing the problem of settling Rs 5,500 crore.

NSEL's formula to resolve payment crisis

NSEL's formula to resolve payment crisis

Rediff.com5 Aug 2013

Negotiations on with three brokers holding 5% of about Rs 5,500-crore (Rs 55 billion) overall dues