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  Curb manipulation in commodities market: Arun Jaitley to SEBI

  September 28, 2015 14:27 IST

  Mumbai :  With the commodity derivatives coming under Sebi's jurisdiction, Finance Minister Arun Jaitley today said the regulator must ensure that manipulative activities are curbed in this market and expressed confidence that NSEL-like problems would

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  Sinha says call on BSE listing in 6 mths post-Sebi-FMC merger

  April 28, 2015 16:08 IST

  Mumbai: Sebi is hopeful of taking a call in the next six months on listing of nation's premier bourse BSE after the integration of the capital market watchdog with the commodities regulator Forward Markets Commission

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  FMC revises norms for hiring MDs, expands independent directors' role

  June 13, 2014 19:27 IST

  New Delhi:  In order to strengthen the board of the commodity exchanges in the backdrop of NSEL scam, the regulator FMC has revised norms for hiring managing director and also made it mandatory for directors

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  HC summons heads of FMC, ED to decide on sale of NSEL assets

  April 30, 2014 23:54 IST

  Mumbai: The Bombay High Court today asked the Chairman of Forward Markets Commission and Director of Enforcement Directorate to appear before it on May 7, so that it can take decision about the liquidation of

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  Rs 5,600cr NSEL scam: I-T dept denies info, FMC dodges queries

  April 13, 2014 17:20 IST

  New Delhi: The Income Tax department has declined to share details of probe being carried out in Rs 5,600 crore payment default by National Spot Exchange Limited (NSEL) saying it would "hamper the process of

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  E-series payments: NSEL says awaiting FMC, court nod

  February 03, 2014 22:26 IST

  Mumbai: Crisis-ridden National Spot Exchange (NSEL) today said e-Series investors could realise their funds once approvals from Forward Markets Commission (FMC) and the courts are in place.It is expected that investors in e-Series units will

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  FMC finds Jignesh Shah,FTIL not fit & proper to run any bourse

  December 18, 2013 18:05 IST

  New Delhi: In a severe indictment, commodity market regulator FMC has said Jignesh Shah and his firm FTIL are not ‘fit and proper' to run any exchange in the country and charged him of being

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  NSEL defaults for 17th time; pays Rs 9 crore against Rs 174.72 crore

  December 10, 2013 23:08 IST

  New Delhi: Crisis-ridden bourse NSEL today paid about Rs 9 crore against the scheduled payment amount of Rs 174.72 crore, defaulting for the 17th straight time. With today's pay-out, NSEL has so far settled about

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  NSEL crisis destroyed 'everything', says Shah as he quits MCX

  October 31, 2013 22:11 IST

  New 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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  HC tells FMC to appoint agency to audit NSEL's e-series deals

  October 28, 2013 21:59 IST

  Mumbai: The Bombay High Court in an interim order today asked the Forward Market Commission (FMC) to appoint an agency to conduct the forensic audit of e-series contracts in the scam-hit National Spot Exchange Ltd

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  BSNL slashes international tariffs by over 75%

  October 19, 2013 19:24 IST

  NEW DELHI: State-run BSNL has launched special tariff vouchers (STVs) wherein its customers would get over 75% cheaper rates for making international calls.The public sector firm has launched STVs in the range for Rs 23

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  No question of government taking over NSEL:Chidambaram

  October 14, 2013 15:49 IST

  Washington: Ruling out takeover of the crisis -ridden NSEL, Finance Minister P Chidambaram has said that its parent group Financial Technologies and another related entity MCX-SX are under watch and persons responsible for the alleged

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  NSEL crisis: Mayaram panel to submit report to Finance Minister on Monday, says report

  September 22, 2013 23:50 IST

  New 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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  FMC sets up panel to look into tech-based trading issues

  September 17, 2013 16:25 IST

  New Delhi:  The Forward Markets Commission (FMC) has constituted an ‘Advisory Committee' to look into issues arising out of technology enabled trading facilities like algorithmic offered on the national commodity bourses.Currently, there are 21 commodity