National Spot Exchange
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MCX to seek RBI nod for hiking FII stake
Sep 30, 2013, 09:41 PM ISTMumbai: Multi-Commodity Exchange (MCX) today said it will seek Reserve Bank's permission to hike foreign holding from 23 per cent to 49 per cent.The FII/FDI cap in the sector is currently capped at 49 per
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NSEL owes Rs 253 cr to Motilal Oswal group
Sep 17, 2013, 04:39 PM ISTNew Delhi: Financial services provider Motilal Oswal today said the group has total exposure of Rs 253.92 crore as on date on crisis-ridden National Spot Exchange Ltd.The company, in a BSE filing said, NSEL owes
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All eyes on National Spot Exchange payout
Aug 19, 2013, 10:33 AM ISTNew Delhi: Investors hit by the payment crisis at beleaguered National Spot Exchange (NSEL) are keenly awaiting the first payout by the exchange on Tuesday before deciding on taking any legal recourse."All investors are concerned
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National Spot Exchange Ltd opens escrow account to clear dues of small investors
Aug 11, 2013, 02:55 PM ISTNew Delhi, Aug 11: Crisis-ridden NSEL has opened an escrow account as directed by the government to ensure payouts on priority to about 8,000 small investors stuck after the exchange halted trading.The National Spot Exchange