Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax

Total 175 results found. Search for [ NSEL crisis ]

Results 60 to 80 of 175
Mumbai, July 9, 2014
Jhunjhunwala picked up 10 lakh shares of MCX on an average price of Rs 664 apiece, data showed. This values the transaction at Rs 66.4 crore.

Mumbai, June 27, 2014
Multi-Commodity Exchange of India (MCX) said one of its investors, state-run Bank of Baroda, has sold its entire stake in the troubled bourse.

Mumbai, June 25, 2014
However, the designated Maharashtra Protection of Interest of Depositors Act court judge DP Surana granted bail to Shah's aide and former chief executive of MCX, Shreekant Javalgekar.

New Delhi, June 16, 2014
Crisis-hit NSEL said investors who traded in e-series contracts in metals like gold and silver have so far redeemed Rs 237 crore.

New Delhi, June 13, 2014
\"Out of 24 defaulters, only two members have paid fully, while the rest 22 members are still defaulting on payment. So, we have written to chief ministers of six states seeking their intervention in recovering money,\" NSEL CEO Saji Cherian said.

New Delhi, June 10, 2014
To help 33,000 investors redeem metals worth Rs 525 crore stuck in e-series contracts, commodity markets regulator FMC had asked National Spot Exchange to begin rematerialisation of its e-series gold contracts.

New Delhi, June 6, 2014
Crisis-ridden National Spot Exchange Ltd (NSEL) accused its former CEO Anjani Sinha of trying to influence the investigation and judicial proceedings in alleged irregularities in the bourse by giving media statements.

New Delhi, May 22, 2014
Sinha was examined by a CBI team Wednesday evening in Mumbai during which he explained his reasons for granting licence to MCX-SX for operating as a full-fledged stock exchange.

Manu Kaushik
May 21, 2014
\"The onus of detecting fraud lies with internal auditors, company board, audit committee and external auditors,\" says Y.H. Malegam, a former president of the ICAI. \"It is wrong to put the entire onus on an external auditor,\" he says.

Mumbai, May 10, 2014
The Bombay High Court on Friday granted bail to three accused, including former Chief Executive Officer of National Spot Exchange Ltd Anjani Sinha, in the Rs 5,600-crore payment scam involving the Jignesh Shah-promoted exchange.

Mumbai, May 8, 2014
MCX stocks lost 9.38 per cent to Rs 483.55 at the BSE while shares of FTIL tanked 5 per cent to Rs 276.70-its lower trading permissible limit for the day.

Mumbai, May 7, 2014
Shah came under scanner last year, when his group company NSEL faced a payment crisis and nearly 18,000 investors allegedly lost millions in late July.

Neelabh Srivastava
New Delhi, May 5, 2014
High-end vehicles, posh villas and flats, expensive plots, shares in beach-side hotels and vast tracts of agricultural land are some of the purchases made by the accused of the multi-crore payment scam in National Spot Exchange Limited (NSEL) through money laundering.

Mumbai, May 3, 2014
Financial Technologies India Limited (FTIL) was on Friday unable to finalise bidders for sale of its 24 per cent stake in Multi Commodity Exchange (MCX) and said its board will meet again on May 10.

New Delhi, May 1, 2014
Manoj Vaish has resigned as Managing Director and Chief Executive Officer of the country's leading commodity exchange MCX exactly three months after joining the bourse, citing health reasons.

New Delhi, April 12, 2014
Crisis-hit FTIL said it has received non-binding bids from 9 top corporates for buying its 24 per cent stake in MCX, and would shortlist the bidders by April 25.

Mumbai, April 4, 2014
Besides, crisis-hit FTIL's excess holdings would get transferred to an escrow account if they fail to bring down the stake from 26 per cent to 2 per cent within the prescribed time.

Mumbai, March 19, 2014
The Securities and Exchange Board of India (Sebi) order comes at a time when the MCX-SX is under the scanner of CBI for alleged irregularities in granting of licence to it in 2008 as well as subsequent renewals.

New Delhi, March 19, 2014
Hinting at certain revelations from his side in days to come, Bhave also accused CBI of indulging in \"pick and choose\" while registering an Preliminary Enquiry against him and Sebi's another former senior official in Shah-related matters.

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.

PAGES 4 OF 9  12345