News for 'National Spot Exchange'

Sights And Dazzle Of Japan

Sights And Dazzle Of Japan

Rediff.com25 Jun 2024

Tokyo -- the songs Japan, Love In Tokyo and Sayonara from the 1966 Hindi film automatically pop up in the mind -- is buzzing and crowded like any other metropolis, discovers Deepa Gahlot. The modern apartment blocks are built cheek by jowl, so close together that one can open the window and borrow sugar from the neighbour in the next building. One of the fears of the Indian traveller is the unavailability of vegetarian food. Every city and town in Japan has an array of Indian restaurants that serve every variety of cuisine, right from Gujarati to Punjabi to Andhra and Kerala meals.

India's rank improves among world's most corrupt nations

India's rank improves among world's most corrupt nations

Rediff.com27 Jan 2016

'Not one single country, anywhere in the world, is corruption-free,' the report said.

Long battle awaits NSEL investors

Long battle awaits NSEL investors

Rediff.com22 Aug 2013

Though they have more than one legal option to recover dues, till NSEL has funds, little can be done.

NSE pushed to 2nd spot in trade volumes; Nasdaq No 1

NSE pushed to 2nd spot in trade volumes; Nasdaq No 1

Rediff.com16 Nov 2014

They are followed by Shenzhen SE, NYSE and Shanghai SE, as per an analysis of data compiled by the World Federation of Exchanges

Reliance tops Hurun's list of most valuable private sector companies

Reliance tops Hurun's list of most valuable private sector companies

Rediff.com20 Jun 2023

Billionaire Mukesh Ambani's Reliance Industries Ltd is the most valuable private company in the country, as per Hurun India's 2022 Burgundy Private Hurun India 500 list. The list, which was released on Tuesday, stated that with a value of Rs 16.4 lakh crore, Reliance is India's most valuable company, followed by Tata Consultancy Services (TCS) with Rs 11.8 lakh crore and HDFC Bank with Rs 9.4 lakh crore. Reliance is also the highest taxpayer with a payout of Rs 16,297 crore and the most profitable company with a bottomline of Rs 67,845 crore in 2022-23.

NSEL defaults but pays off small investors

NSEL defaults but pays off small investors

Rediff.com28 Aug 2013

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.

3 more killed in Manipur, Kuki groups lift blockade

3 more killed in Manipur, Kuki groups lift blockade

Rediff.com2 Jul 2023

The incident took place in Khoijumantabi village late on Saturday night when the 'village volunteers' were guarding the area in a makeshift bunker, a police officer said.

New MCX chief faces a slew of challenges

New MCX chief faces a slew of challenges

Rediff.com6 Jan 2014

A Delhi University alumnus with an MBA in finance and a doctorate, Vaish started his career as a banker in 1984, became an academician a few years later and joined the capital market in 1998.

Brokerages face Sebi fire in NSEL scam

Brokerages face Sebi fire in NSEL scam

Rediff.com7 Jun 2016

Sebi on April 4 gave the brokerages 60 days to have their books vetted by third-party auditors.

High Drama As Campaign Ends In TVM!

High Drama As Campaign Ends In TVM!

Rediff.com25 Apr 2024

As the curtain falls on the campaign for the Thiruvananthapuram Lok Sabha seat on Wednesday, April 24, a ringside view of the closing ceremonies.

New regulator to monitor crowdfunding likely

New regulator to monitor crowdfunding likely

Rediff.com29 May 2018

Currently, most crowdfunding platforms neither operate with proper authorisation nor are governed under any law.

Two shooters among 3 held in Chandigarh for Karni Sena chief's murder

Two shooters among 3 held in Chandigarh for Karni Sena chief's murder

Rediff.com10 Dec 2023

Delhi police sources on Sunday said a team of the crime branch in a joint operation with the Rajasthan police nabbed the duo from Chandigarh's Sector 22.

All eyes on Sebi after FMC's decision on FT

All eyes on Sebi after FMC's decision on FT

Rediff.com19 Dec 2013

The stock market watchdog had said any adverse findings by other regulators might have a bearing on the exchange.

Court grants bail to Jignesh Shah in NSEL scam case

Court grants bail to Jignesh Shah in NSEL scam case

Rediff.com22 Aug 2014

Shah is likely to be released later on Friday evening or Saturday after completing the formalities.

NSEL payment crisis: Investors pin hopes on govt

NSEL payment crisis: Investors pin hopes on govt

Rediff.com28 May 2014

The investors write to new finance minister; say refunds, not arrests, their priority.

India won't fence cheetah habitats: Govt panel chief

India won't fence cheetah habitats: Govt panel chief

Rediff.com1 Jun 2023

Experts from South Africa and Namibia, who are helping reintroduce cheetahs in India, have recommended fencing their habitats to prevent poaching, habitat fragmentation and minimise human-animal conflict.

15 things that went wrong in '15

15 things that went wrong in '15

Rediff.com29 Dec 2015

Here are 15 things that would have made 2015 a great year.

NSEL fiasco: Stockbrokers, portfolio managers under scanner

NSEL fiasco: Stockbrokers, portfolio managers under scanner

Rediff.com6 Aug 2013

They induced HNIs to trade on spot market commodity exchange with promise of high returns.

Rupee slips below 81 against US dollar for first time

Rupee slips below 81 against US dollar for first time

Rediff.com23 Sep 2022

The rupee depreciated 44 paise and slipped below the 81-mark against the US dollar for the first time in early trade on Friday, weighed down by the strong american currency and risk-off sentiment among investors. Forex traders said escalation of geopolitical risk in Ukraine and rate hikes by the US Fed and Bank of England in a bid to contain inflation sapped risk appetite. Further, the strength of the American currency in the overseas market, a negative trend in domestic equities, and risk-off moods amid escalation of geopolitical risk in Ukraine weighed on the local unit.

Who will foot the Rs 1,700-crore NSEL bill?

Who will foot the Rs 1,700-crore NSEL bill?

Rediff.com15 Oct 2013

Exchange used new investors' money to pay returns to old ones, finds FMC's forensic audit.

Kotak to buy 15% stake in MCX for Rs 459 cr

Kotak to buy 15% stake in MCX for Rs 459 cr

Rediff.com21 Jul 2014

Kotak Mahindra Bank has decided to buy a 15 per cent stake in Multi Commodity Exchange (MCX) for Rs 459 crore from Financial Technologies India (FTIL).

Did NSEL investors' money never reach borrowers?

Did NSEL investors' money never reach borrowers?

Rediff.com5 Sep 2013

Ledger entries in NSEL books show no record of T+2 leg of the paired trades with borrowers.

Indians' funds in Swiss banks down 11% to Rs 30k cr on lower deposits

Indians' funds in Swiss banks down 11% to Rs 30k cr on lower deposits

Rediff.com22 Jun 2023

Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, declined by 11 per cent in 2022 to 3.42 billion Swiss francs (nearly Rs 30,000 crore), annual data from Switzerland's central bank showed on Thursday.

What Was The Most Dangerous Decade Post Independence?

What Was The Most Dangerous Decade Post Independence?

Rediff.com12 Sep 2023

The competition for the worst or most perilous 10 years has always been between the 1960s and the 1980s, points out Shekhar Gupta.

NSEL confident of settling dues ahead of schedule

NSEL confident of settling dues ahead of schedule

Rediff.com19 Aug 2013

Exchange to reply to FMC's letter soon, CEO says buyers can't be declared defaulters where there is 'market disruption'.

MCX-SX cash market turnover plunges 44% in November

MCX-SX cash market turnover plunges 44% in November

Rediff.com2 Dec 2013

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.

'NSEL woes because of bad people in management team'

'NSEL woes because of bad people in management team'

Rediff.com26 Aug 2013

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.

UP cops gun down gangster involved in 18 murder cases

UP cops gun down gangster involved in 18 murder cases

Rediff.com5 May 2023

According to the police, a Special Task Force team retaliated when the gangster, recently released from prison on bail, opened fire at them after being cornered. His car had crashed into a pole.

How to invest in silver

How to invest in silver

Rediff.com18 Aug 2015

Despite the low prices, commodities are risky investments

India Inc had a roller coaster ride in 2014

India Inc had a roller coaster ride in 2014

Rediff.com26 Dec 2014

India Inc had few tough issues to deal with in 2014.

MCX sees bank guarantee withdrawal by brokers

MCX sees bank guarantee withdrawal by brokers

Rediff.com9 Aug 2013

Brokers have only kept guarantees for which they have open positions.

MCX stake sale: Reliance Capital wants FMC to intervene

MCX stake sale: Reliance Capital wants FMC to intervene

Rediff.com26 Apr 2014

Largest bidder says FTIL not following correct process and MCX not extending cooperation; FTIL and MCX say cooperating fully

How to make 1,245 tonnes of wool disappear without trace

How to make 1,245 tonnes of wool disappear without trace

Rediff.com5 Aug 2013

National Spot Exchange data shows huge amount of wool going out of its warehouse, but a visit to the storage reveals a different picture.

Rupee slides to all-time low of 82.30 against dollar

Rupee slides to all-time low of 82.30 against dollar

Rediff.com7 Oct 2022

The rupee depreciated further by 13 paise to hit a new life-time closing low of 82.30 against the US dollar on Friday as a firm American currency and risk-averse sentiment among investors weighed on the local unit. Moreover, a negative trend in domestic equities and elevated crude oil prices sapped investor appetite, forex traders said. At the interbank foreign exchange market, the local currency opened at 82.19, then fell further to 82.43. It finally settled at an all-time low of 82.30 against the American currency, registering a decline of 13 paise over its previous close.

Sebi asked to disclose details on grant of licence to MCX-SX

Sebi asked to disclose details on grant of licence to MCX-SX

Rediff.com20 Jan 2014

Hearing an appeal against the market regulator's denial of information sought through Right to Information Act, the Appellate Authority has ruled the process relating to grant of recognition of MCX-SX in 2008 has been completed.

Send Rajan back to Chicago if you want to see economic growth at 10%: Swamy

Send Rajan back to Chicago if you want to see economic growth at 10%: Swamy

Rediff.com17 Jun 2016

Subramanian Swamy said if income tax is abolished, middle class will deposit money in banks which can be invested in manufacturing.

Tiger count rises in Shivalik-Gangetic region, dips in Western Ghats: Report

Tiger count rises in Shivalik-Gangetic region, dips in Western Ghats: Report

Rediff.com9 Apr 2023

According to the data, the tiger population in the country increased from 2,967 in 2018 to 3,167 in 2022.

After Namibia, India likely to get 12 more S African cheetahs in Feb

After Namibia, India likely to get 12 more S African cheetahs in Feb

Rediff.com27 Jan 2023

Modi had released the first batch of eight eight spotted felines -- five females and three males -- from Namibia into a quarantine enclosure at Kuno on his 72nd birthday on September 17 last year.

NSEL fraud: I-T turns the heat on brokers

NSEL fraud: I-T turns the heat on brokers

Rediff.com9 Oct 2013

Department seeks investor database on the suspicion of fictitious investors.

Sensex ends 200 points lower; Tata Steel among main losers

Sensex ends 200 points lower; Tata Steel among main losers

Rediff.com12 Sep 2013

The main losers on the Sensex were Tata Steel, Hero Moto, BHEL, ONGC & Maruti Suzuki.