Jairam comes out in Bhave, Abraham's support, slams CBI

Union minister Jairam Ramesh on Tuesday attacked the Central Bureau of Investigation for initiating preliminary enquiry against ex-SEBI chairman C B Bhave and ex-member K M Abraham on the issue of......

How the noose around Jignesh Shah was tightened

Before the showcause notice was issued, the authorities tightened all the loose ends. They ensured operations of stock and commodity exchanges in the group were run by institutions and Shah’s......

Financial Tech buys 90% in ICX

Financial Technologies India Ltd, the main promoter of India's largest commodity exchange MCX, on Thursday said it has acquired 90 per cent stake in a South Africa-based ICX Platform (Pty) Ltd for......

Jignesh Shah-led firm objects to property attachment by EOW

The NSEL scam, involving Rs 5,600 crore, came to light after the now defunct exchange, promoted by Financial Technologies, failed to pay its investors in commodity pair contracts after July 31,......

ED arrests Jignesh Shah in NSEL money laundering scam

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