Nsel Crisis
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NSEL crisis: Government mulls Board changes for merged entity
Oct 27, 2014, 11:49 AM ISTNew Delhi: After ordering merger of crisis-hit NSEL with parent firm Financial Technologies to help affected investors get their dues, the government is starting a process to assess compensation amounts and is also considering a
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Swift action taken to stop NSEL spill-over crisis: Chidambaram
Feb 17, 2014, 04:16 PM ISTNew Delhi: Finance Minister P Chidambaram today said that the Government has taken “swift action” to ensure that the Rs. 5,600-crore payment crisis at NSEL does not spill over to other regulated segments of the
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NSEL crisis destroyed 'everything', says Shah as he quits MCX
Oct 31, 2013, 10:11 PM ISTNew Delhi: Jignesh Shah, who is embroiled in the Rs 5,600-crore payment imbroglio at NSEL, Thursday resigned as Non-Executive Vice Chairman of MCX and said this crisis has destroyed "everything" he has worked for all
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EOW arrests former NSEL MD, CEO Anjani Sinha
Oct 17, 2013, 07:33 PM ISTMumbai: The Economic Offences Wing (EOW) of the Mumbai Police on Thursday arrested former National Spot Exchange (NSEL) Managing Director and Chief Executive Officer Anjani Singh who is facing Rs 5,600 crore payment crisis, in
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NSEL crisis: Mumbai police arrests Jay Bahukhundi
Oct 11, 2013, 02:15 PM ISTNew Delhi: The Mumbai Police today made a second arrest in the Rs 5,600-crore National Spot Exchange (NSEL) scam by taking into custody Jay Bahukhundi who was an assistant vice-president with the crippled spot exchange."Jay
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NSEL crisis: Mayaram panel to submit report to Finance Minister on Monday, says report
Sep 22, 2013, 11:50 PM ISTNew Delhi: A high-level panel headed by Economic Affairs Secretary Arvind Mayaram is likely to submit a report on alleged irregularities at beleaguered bourse National Spot Exchange Ltd (NSEL) on Monday to Finance Minister P
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NSEL crisis: Defaulters barred from trading in stock markets
Aug 26, 2013, 09:05 AM ISTNew Delhi: Stock exchanges have decided to bar defaulters, who caused Rs 5,500-crore payment crisis at NSEL, from all trading activities as per direction from markets regulator Sebi in the latest crackdown against such entities.While