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National Spot Exchange Ltd

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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......

The Lokpal is no magic wand to fight corruption

A more informed electorate, rather than the Lokpal, can fight corruption better, argues Neeta Kolhatkar. Parliament passed the ever delayed Lokpal Bill on December 18. The President has given the......

Bandh: Oppn fuels public angst over price hike

The combined Opposition's call for a Bharat Bandh on Monday has brought most of the country to a near standstill. Rediff.com correspondents report from across the country:Mumbai:Senior BJP leader......

NSEL investors' forum wants strong action by govt

The government needs to take serious action in the case of the National Spot Exchange Ltd scam to protect the confidence of the investing public and send out a strong message that “frauds......

Investors in Indian commodity exchanges jump ship

* Transaction tax, scam at National Spot Exchange deters trade * Government fails to push through reforms needed to expand markets * ICEX to cease operations within months The Indian Commodity......

Jignesh Shah trying to recover money from defaulters

Two days after Mumbai Police attached his properties, Jignesh Shah, director of the beleaguered National Spot Exchange Ltd, on Thursday told investigators that he was making "relentless"......

NSEL member Mohan India agrees to pay Rs 771 cr

Crisis-ridden National Spot Exchange Ltd (NSEL) on Wednesday said its Delhi-based member Mohan India Ltd has agreed to pay to the exchange about Rs 771 crore (Rs 7.71 billion) in final settlement......

Ministry orders inspection of NSEL, Fin Tech books

Amid the Rs 5,600-crore (Rs 56-billion) payment crisis at the National Spot Exchange, the Ministry of Corporate Affairs has ordered the inspection of account books of the bourse and its promoter......

Full text of the Justice Lodha IPL verdict

Justice Rajendra Mal Lodha. Photograph: PTI Chennai Super Kings and Rajasthan Royals were suspended from the Indian Premier League for two years for betting activities of their key officials,......

Bedi unhappy with Indian skipper

Australian cricket captain Steve Waugh has said that his team would have to work harder in order to win in the Caribbean.The Australians, who arrived on Wednesday night without fast bowler Glenn......

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