NSEL investors move Sebi against FT

The aggrieved investors of National Spot Exchange (NSEL) have moved the Securities and Exchange Board of India (Sebi) against Financial Technologies (FTIL), the listed promoter.  The unlisted......

Long battle awaits NSEL investors

In its first payout on Tuesday, National Spot Exchange Ltd (NSEL) was able to pay only half the money due to investors.While the NSEL Investors’ Forum is considering taking the legal route......

NSEL payment crisis: Investors pin hopes on govt

Investors on the National Spot Exchange, which had defaulted by Rs 5,574 crore (Rs 55.74 billion) about 10 months earlier, are hoping the new government will do something effective to recover their......

NSEL scam: Brokers of IIFL, Anand Rathi, Geojit arrested

Three senior officials of commodity brokerages IIFL, Anand Rathi and Geojit Comtrade were on Tuesday arrested in connection with the Rs 5,600-crore National Spot Exchange scam. City police's......