Sebi on April 4 gave the brokerages 60 days to have their books vetted by third-party auditors.
Crisis-hit National Spot Exchange Ltd (NSEL) on Tuesday failed to pay investors any of the Rs 174.72 crore (Rs 1.74 billion) installment due to them, defaulting for the 13th straight time.
The journey for 24-year-old Akash Anand would be much tougher, because dynastic succession goes against the grain of Dalit politics that B R Ambedkar founded.
While the Congress is elated to see the new caste dynamics coming to its rescue, the BJP still believes that no one is leaving its ship.
The cash segment turnover at MCX-SX sharply fell to Rs 624 crore (Rs 6.24 billion) in November from Rs 1,119 crore (Rs 11.19 billion) in October, 2013.
MCX Stock Exchange on Tuesday said it has received approval from capital markets regulator.
The Ministry's decision comes more than a year after the payment scam at NSEL came into light in July 2013.
Jignesh Shah, the promoter of National Spot Exchange Ltd (NSEL), and its former CEO Anjani Sinha on Friday traded charges in connection with the multi-crore payment crisis at the crippled bourse which has affected over 13,000 investors.
We had asked our readers to mail us photos of their Ganesha. We received many entries, some of which are being showcased here.
In a fresh development in NSEL's Rs 5,600 crore scam, the Enforcement Directorate (ED) on Monday registered a preliminary inquiry into the payment crisis, suspecting large-scale money laundering in the beleaguered spot exchange, a senior official said.
Although the authorities had maintained till the last minute that Mevani and his supporters did not have permission to hold the event, it seems the rally organisers and Delhi Police reached a compromise later.
Elections for 19 Rajya Sabha seats spread across eight states will be held on Friday with the contest in Gujarat, Madhya Pradesh and Rajasthan promising to be a close affair between the BJP and the Congress.
Kabir Kala Manch activists had allegedly made provocative speeches leading to violence at Koregaon Bhima in the district, according to an FIR registered at Vishrambaug police station after the event.
Crisis-ridden bourse NSEL defaulted for the 12th straight time today as it could pay only Rs 11 crore to investors against a scheduled payment amount of Rs 174.72 crore (Rs 1.74 billion).
Leading stock exchanges BSE and NSE have barred three entities from trading on their platform after they defaulted on dues in connection with Rs 5,600 crore (Rs 56 billion) payment crisis at National Spot Exchange Ltd (NSEL).
Crisis-ridden bourse NSEL defaulted for the 11th straight time on Tuesday as it could pay only Rs 29 crore to investors against a scheduled payment amount of Rs 174.72 crore.
Claiming innocence, former head of the National Spot Exchange Limited (NSEL) Anjani Sinha, held in the Rs 5,600 crore (Rs 56 billion) payment crisis, on said that he was acting under the board's pressure, sources said.
The Central Bureau of Investigation (CBI) will soon quiz Securities and Exchange Board of India (SEBI) Chairman U K Sinha as well as former head of the regulatory body M Damodaran in connection with a Preliminary Enquiry (PE) to probe granting sanction to Jignesh Shah-founded Financial Technologies (India) and MCX-SX.
The Enforcement Directorate on Friday arrested the CEO of a defaulting firm on money laundering charge in connection with its probe in the National Spot Exchange Limited scam case.
'I got a very simple one-line brief from Ekta Kapoor that this character is like the Ramayan's Ram -- ideal husband, son and maryada purushottam.'
'They killed one Gauri, but now there will be lakhs of people who will continue to do Gauri's work.'
Shares of Multi Commodity Exchange of India (have tanked over 11% to Rs 428 on back of heavy volumes on the bourses.
The stock market watchdog had said any adverse findings by other regulators might have a bearing on the exchange.
Veteran Congress leader Digvijaya Singh and Bharatiya Janata Party candidates Jyotiraditya Scindia and Sumer Singh Solanki on Friday won Rajya Sabha election from Madhya Pradesh.
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The government asked the NSEL to become a responsible guarantor to the Rs 5,600-crore (Rs 56-billion) dues to investors and meet its commitments.
Political observers say that except for a strong anti-incumbency sentiment, there is little that might go against the BJP.
'It is very hard to get the police to file a report against someone from an upper caste.' 'Things are so bad that sometimes we have to sit on a dharna with the body of a Dalit victim to get the police to file a complaint.'
Nearly 800 people commenced the 380-km-long journey from Vejalpur area of city on Friday morning.
Crisis-ridden NSEL on Wednesday declared ten more entities as defaulters after they failed to pay their dues on the second-pay out, taking the number of members who are to pay dues at 19.
AAP sent a notice to the BJP and Gambhir demanding an apology for the derogatory pamphlet.
The crisis-hit NSEL is promoted by Jignesh Shah-led Financial Technologies (India) Ltd.
In an hour-long chat on rediff.com on Thursday, 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.
Crisis-ridden bourse NSEL paid about Rs 9 crore (Rs 90 million) against the scheduled payment amount of Rs 174.72 crore (Rs 1.74 billion), defaulting for the 17th straight time.
The protesting students claimed that when they reached Red Fort, police did not allow them to take out the march but they did not budge and said they would make their voices heard.
Diamond prices vary purely on demand and supply. You can make extraordinary returns within six months or it can even take years.
'Isn't it tragic, comic as well as ironic that the people who owe their allegiance to the Constitution of India are declared deshdrohis without an iota of evidence?' 'But this mistake has to be corrected and those who actually and directly fomented the Bhima Koregaon riots and the masterminds behind these people will have to be exposed now.'
'Gujarat should have been a breeze. But the Patidar agitation and economic uncertainty queered the pitch.' 'Yes, the BJP won and its rank-and-file will take great comfort in the assembly victory. But the leadership is taking stock for a very tricky set of elections coming up in 2018.'
Varavara Rao reached home in Hyderabad on Thursday morning, while activists Vernon Gonsalves and Arun Ferreira, were sent to Mumbai by road.
'The BJP must realise that a resurgent Rahul Gandhi will take the battle straight into its camp.' 'He is not going to be held back by the misdeeds of UPA 1 and 2, so there is no point harping on them,' says Sanjeev Nayyar.
Union minister Jairam Ramesh on Tuesday attacked the Central Bureau of Investigation for initiating preliminary enquiry against ex-SEBI chairman C B Bhave and ex-member K M Abraham on the issue of granting sanction to MCX Stock Exchange, and alleged that "larger forces" were working to fix them.
