In its first payout on Tuesday, National Spot Exchange Ltd (NSEL) was able to pay only half the money due to investors.While the NSEL Investors’ Forum is considering taking the legal route......
The aggrieved investors of National Spot Exchange (NSEL) have moved the Securities and Exchange Board of India (Sebi) against Financial Technologies (FTIL), the listed promoter. The unlisted......
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......
National Spot Exchange Ltd investors are planning to move court for the recovery of their investments through the attachment of the personal assets of the exchange’s vice-chairman Jignesh......
Contrary to National Spot Exchange Ltd’s claims that a default by 24 borrowers and their clients had resulted in the Rs 5,600-crore (Rs 56-billion) payment crisis, more and more borrowers are......