National Spot Exchange Ltd

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  Motilal Oswal, IIFL Shares Fall After Sebi Order

  Sebi is probing as many as 300 brokers for violation of rules colluding with the National Spot Exchange Ltd (NSEL) to defraud investors.

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  Sebi Bars Commodity Trading By Motilal Oswal, India Infoline In NSEL Case: Report

  SEBI is probing as many as 300 brokers for violation of rules colluding with the National Spot Exchange Ltd (NSEL) to defraud investors.

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  Never Received Any Money From NSEL Profit: Financial Tech

  Embattled Financial Technologies (India) Ltd has told shareholders that it never received any money from National Spot Exchange Ltd's profit and also cautioned them against vested interests spreading rumours about the government order on merging the bourse with the company.

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  NSEL Scam: Jignesh Shah Remanded In Enforcement Directorate Custody

  A court here on Wednesday remanded Financial Technologies India Ltd (FTIL) founder Jignesh Shah, arrested in the Rs 5,600-crore National Spot Exchange Limited scam, in the custody of the Enforcement Directorate till July 18.

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  Jignesh Shah Arrested In Rs 5,600 Crore NSEL Scam Case

  The Enforcement Directorate on Tuesday arrested Financial Technologies India Ltd (FTIL) founder Jignesh Shah in connection with its probe into the Rs 5,600-crore National Spot Exchange Limited (NSEL) money laundering scam.

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  Court Extends Stay to Merger of NSEL, Financial Tech

  The Bombay High Court on Tuesday extended till March 31 stay to implementation of merger between National Spot Exchange Ltd (NSEL) and Financial Technologies (India) Ltd (FTIL).

• FTIL Begins Process to Sell 23% Stake in MCX-SX Clearing Corporation

  Financial Technologies India Ltd (FTIL) has begun the process of selling its 23 per cent stake in MCX-SX Clearing Corporation Ltd (MCX-SX CCL) in order to comply with a Securities and Exchange Board of India order.

• Exit From MCX-SX Complete: Financial Tech

  Crisis-hit Financial Technologies India Ltd (FTIL) on Wednesday said it has completed the sale of its entire 5 per cent stake in MCX-SX for nearly Rs 89 crore, thus exiting the bourse.

• Assocham Lobbies Against NSEL Merger With Parent Firm

  Opposing the proposed merger of crisis-hit National Spot Exchange Ltd (NSEL) with its parent Financial Technologies India Ltd (FTIL), industry body Assocham has said that a company cannot be held liable for "any alleged liability" of a subsidiary.

• FTIL-NSEL Swap Ratio Finalised; NAFED to Get 38 Shares

  The swap ratio has been decided after considering the fair value of NSEL at Rs 77 a share and the calculation was based on latest audited financial statements of the bourse as on March 31, 2012.

• FTIL Offers Rs 1000 Cr Settlement Plan; Brokers Reject

  Financial Technologies India Ltd (FTIL) on Tuesday said it has submitted to the government a Rs 1,000-crore settlement plan, including Rs 500 crore to be contributed by brokers, to clear the claims of small and mid-sized investors on scam-hit National Spot Exchange Ltd (NSEL).

• NSEL Says Brokers Hiding Client Details

  The crippled National Spot Exchange Ltd (NSEL) on Wednesday accused the brokers of not providing investor details, and said going by the number of details it got so far the total number of investors who have claimed to have lost money looked bogus.

• Most Shareholders Oppose Proposed Merger of NSEL with FTIL'

  The government in October last year had ordered merger of National Spot Exchange Ltd (NSEL) with its parent firm Financial Technology India Ltd (FTIL).

• NSEL Launches Campaign to Clear the Air Over Payment Crisis

  Seeking "fair chance" to explain its stand, NSEL in two volume book titled "Truth about NSEL" attempts to clear the air around its promoter firm, Financial Technologies (FTIL) and how its new board is attempting to recover and rebuild the exchange.

• NSEL Scam: Top Commodity Brokerages' Officials Held

  Cracking down on commodity brokerages for their alleged role in the Rs 5,600-crore scam at National Spot Exchange Ltd (NSEL), Mumbai Police on Tuesday arrested three top executives of leading broking houses.