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PTI
New Delhi/ Mumbai, March 14, 2014
The resignation came hours ahead of a scheduled board meeting of MCX-SX, where former LIC Chairman Thomas Mathew T has taken over as new Chairman.


PTI
Mumbai, March 14, 2014
Shares of Jignesh Shah-led Financial Technologies (India) Ltd (FTIL) and MCX fell sharply amid a probe initiated by CBI into grant of license to MCX Stock Exchange over five years ago.


PTI
New Delhi, March 13, 2014
The Central Bureau of Investigation (CBI) carried out searches at 15 locations across the country, including offices of National Spot Exchange Limited in Mumbai, in a case of alleged irregularities in investments by state-run trading company PEC causing a loss of Rs 120 crore.


PTI
Mumbai/New Delhi, March 8, 2014
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 (NSEL) scam case.


PTI
Mumbai, March 6, 2014
Merrill Lynch Capital Markets Espana bought 2,35,461 scrips of Financial Technologies (India) Ltd, as per bulk deal data available with the stock exchanges.


PTI
New Delhi, March 4, 2014
The bourse has settled Rs 323.4 crore so far against Rs 5,500 crore that it owes to investors.


PTI
New Delhi, February 26, 2014
The bourse has settled Rs 322.6 crore so far against Rs 5,500 crore that it owes to investors.


PTI
New Delhi, February 20, 2014
The resignation comes amid the continuing Rs 5,600-crore payment crisis at the Financial Technologies (FTIL)-promoted National Spot Exchange (NSEL).


www.businesstoday.in
February 8, 2014
The FMC on December 17 declared FTIL and its chief Jignesh Shah unfit to run any exchange, including the MCX, following a Rs 5,600-crore payment crisis at the National Spot Exchange (NSEL), a group company.


PTI
Mumbai, February 8, 2014
MCX has been given time till February 10 to submit a plan to implement the Forward Markets Commission's order that held FTIL was not 'fit and proper' to hold anything over a 2 per cent shareholding in the exchange.


PTI
Mumbai, January 8, 2014
Jignesh Shah promoted-Financial Technologies India Ltd on Wednesday urged the Bombay High Court to grant temporary protection from the order of Forward Market Commission (FMC) seeking reduction of its shareholding in Multi-Commodity Exchange from 26 to 2 per cent.


PTI
Mumbai, January 8, 2014
Over 200 aggrieved investors of the beleaguered National Spot Exchange Ltd (NSEL) demanded that the Mumbai Police arrest Jignesh Shah and other key accused, besides speeding up recovery from borrowers and defaulters within a stipulated time period.


PTI
Mumbai, January 7, 2014
Blackstone on Monday bought 2.79 per cent stake in MCX for around Rs 81 crore, after the Forward Markets Commission gave the private equity giant its nod to hike holding in the commodity bourse to 4.99 per cent.


PTI
Mumbai, January 6, 2014
The Mumbai Police on Monday filed a 9,800-page chargesheet against five accused arrested in connection with the National Spot Exchange Ltd (NSEL) scam, which involves a payment default of Rs 5,600 crore.


PTI
Mumbai, December 27, 2013
Shares of Multi Commodity Exchange of India Ltd and Financial Technologies India Ltd on Friday fell sharply by as much as 9 per cent after the board of MCX asked promoter FTIL to reduce its stake to 2 per cent, in accordance with the regulator's order.


PTI
New Delhi, December 25, 2013
Commodity futures market's dream run also came to a halt in 2013 as imposition of transaction tax on non-farm items hampered the growth of business, with turnover estimated to dip by 30 per cent to Rs 125 lakh crore.


PTI
New Delhi, December 25, 2013
With Tuesday's pay-out, NSEL has so far settled about Rs 276.14 crore against about Rs 5,600 crore dues to 13,000 investors.


PTI
Mumbai, December 21, 2013
The Bombay High Court fixed for hearing on January 8 a petition filed by Financial Technologies India (FTIL) and its Chief Jignesh Shah challenging an order of Forward Market Commission (FMC) that held that both were not \"fit and proper\" to run any exchange.


PTI
Mumbai, December 21, 2013
Crisis-hit NSEL's promoter entities FTIL and Jignesh Shah moved the Bombay High Court challenging the commodity market regulator FMC's order that held both were not \"fit and proper\" to run any exchange.


Mahesh Nayak
Mumbai, December 19, 2013
The Forward Market Commission order declaring Shah, Joseph Massey (MD of MCX-SX), Shreekant Javalegar (CEO - MCX) and Financial Technologies unfit to run an exchange hasn't come as a surprise to the market.


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