Nsel Jignesh Shah

The Bombay High Court on Friday directed former finance minister P Chidambaram and two senior bureaucrats to file replies within four weeks to a suit filed by 63 Moons Technology, seeking Rs 10,000 crore in damages.

Holding that the CBI's action of retaining the passport of businessman Jignesh Shah, prime accused in the multi-crore NSEL scam, for over three years was "illegal and contrary to law", the Bombay High Court has asked the probe agency to return the travel document to him.

SEBI had passed an interim order last year impounding averted losses totalling Rs 125 crore by alleged insider trading by 13 persons, including relatives of Jignesh Shah

Thirteen people were prima facie found guilty of averting losses worth Rs 125 crore through insider trading, Sebi said.

Multiple agencies including Sebi, the Directorate of Enforcement (ED) and the Reserve Bank of India (RBI) are probing the irregularities at the now-defunct NSEL.

Markets regulator Sebi is probing five commodity brokers, including Anand Rathi Commodities and Motilal Oswal Commodities Brokers, for alleged default in the National Spot Exchange (NSEL) payment case, Parliament was informed.

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.

A court here on Wednesday remanded Financial Technologies (India) Ltd promoter Jignesh Shah in the CBI's custody till September 26 in connection with a case against him for allegedly suppressing facts to get an extension for stock exchange MCX-SX from market regulator Sebi.

A special court granted bail to FTIL founder Jignesh Shah, arrested in the Rs 5,600 crore National Spot Exchange Limited (NSEL) scam.

The Bombay High Court on Wednesday rejected the plea of the Jignesh Shah-promoted 63 Moons Technologies Ltd (formerly FTIL) seeking a stay on attachment of its immovable assets worth Rs 2,000 crore by the Economic Offences Wing of Mumbai Police.

Jignesh Shah-promoted 63 Moons Technologies said it strongly disapproved the action of Mumbai Police's Economic Offences Wing to attach immovable properties of the company valued at Rs 2,000 crore and will seek legal remedies to protect its shareholders' interest.

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.

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.

Financial Technologies on Wednesday said it has exited from Dubai Gold and Commodities Exchange (DGCX) by selling its 13 per cent stake in the bourse to Dubai Multi Commodities Centre (DMCC).

As a face-off continues between Jignesh Shah-led Financial Technologies India Ltd (FTIL) and the Corporate Affairs Ministry over the company's merger with National Stop Exchange Ltd (NSEL), the government in its final order has said that over 96 per cent of the objections received on the proposed amalgamation prima-facie were "orchestrated and conc...

The Bombay High Court on Friday directed former finance minister P Chidambaram and two senior bureaucrats to file replies within four weeks to a suit filed by 63 Moons Technology, seeking Rs 10,000 crore in damages.

Holding that the CBI's action of retaining the passport of businessman Jignesh Shah, prime accused in the multi-crore NSEL scam, for over three years was "illegal and contrary to law", the Bombay High Court has asked the probe agency to return the travel document to him.

SEBI had passed an interim order last year impounding averted losses totalling Rs 125 crore by alleged insider trading by 13 persons, including relatives of Jignesh Shah

Thirteen people were prima facie found guilty of averting losses worth Rs 125 crore through insider trading, Sebi said.

Multiple agencies including Sebi, the Directorate of Enforcement (ED) and the Reserve Bank of India (RBI) are probing the irregularities at the now-defunct NSEL.

Markets regulator Sebi is probing five commodity brokers, including Anand Rathi Commodities and Motilal Oswal Commodities Brokers, for alleged default in the National Spot Exchange (NSEL) payment case, Parliament was informed.

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.

A court here on Wednesday remanded Financial Technologies (India) Ltd promoter Jignesh Shah in the CBI's custody till September 26 in connection with a case against him for allegedly suppressing facts to get an extension for stock exchange MCX-SX from market regulator Sebi.

A special court granted bail to FTIL founder Jignesh Shah, arrested in the Rs 5,600 crore National Spot Exchange Limited (NSEL) scam.

The Bombay High Court on Wednesday rejected the plea of the Jignesh Shah-promoted 63 Moons Technologies Ltd (formerly FTIL) seeking a stay on attachment of its immovable assets worth Rs 2,000 crore by the Economic Offences Wing of Mumbai Police.

Jignesh Shah-promoted 63 Moons Technologies said it strongly disapproved the action of Mumbai Police's Economic Offences Wing to attach immovable properties of the company valued at Rs 2,000 crore and will seek legal remedies to protect its shareholders' interest.

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.

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.

Financial Technologies on Wednesday said it has exited from Dubai Gold and Commodities Exchange (DGCX) by selling its 13 per cent stake in the bourse to Dubai Multi Commodities Centre (DMCC).

As a face-off continues between Jignesh Shah-led Financial Technologies India Ltd (FTIL) and the Corporate Affairs Ministry over the company's merger with National Stop Exchange Ltd (NSEL), the government in its final order has said that over 96 per cent of the objections received on the proposed amalgamation prima-facie were "orchestrated and conc...