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......

Court rejects Jignesh Shah's bail plea

A Mumbai court on Tuesday rejected the bail application of MCX promoter Jignesh Shah arrested in connection with the Rs 5600 crore (Rs 56 billion) NSEL scam.          ......

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......

Court extends police custody of Jignesh Shah

The sessions court on Thursday extended the police custody of the Financial Technologies and Multi Commodities Exchange (MCX) promoter Jignesh Shah and former managing director and chief executive......