MCX-SX gets new CEO; shareholders to infuse fresh capital

MCX Stock Exchange, set up by crisis-hit NSEL's promoters, on Friday appointed Saurabh Sarkar as CEO and announced plans for fresh capital infusion by its existing shareholders among measures......

MCX-SX cash market turnover plunges 44% in November

MCX Stock Exchange witnessed a 44.2 per cent plunge in its cash segment turnover to Rs 624 crore (Rs 6.24 billion) in November -- one of its worst falls since a crisis broke out at another FTIL......

NSEL scam: Police starts attachment of borrowers' properties

The Mumbai Police, probing the Rs 5,600-crore (Rs 56 billion) scam at the National Spot Exchange has  initiated the process of attaching about 25 immovable assets of the borrowers and has......

NSEL promoter Shah, ex-CEO Sinha blame each other for fraud

Jignesh Shah, the promoter of National Spot Exchange Ltd (NSEL), and its former CEO Anjani Sinha on Friday traded charges in connection with the multi-crore payment crisis at the crippled bourse......