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  • i am committed to recovering money from defaulters shah

    I am committed to recovering money from defaulters: Shah

    December 05, 2013 20:54 IST

    Mumbai: Two days after Mumbai Police attached his properties, Jignesh Shah, director of the beleaguered National Spot Exchange Ltd, today told investigators that he was making “relentless” efforts to recover money from defaulters.“Shah showed up

  • mcx sx is well ring fenced from nsel crisis sebi

    MCX-SX is well ring-fenced from NSEL crisis: Sebi

    November 23, 2013 18:17 IST

    Mumbai: Sebi Chairman UK Sinha today allayed fears of crisis at the parent group of MCX-SX spilling over to the bourse saying that the troubled Financial Technologies- promoted stock exchange is ring-fenced from other group

  • nsel crisis destroyed everything says shah as he quits mcx

    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

  • jignesh shah to stay on mcx board for now

    Jignesh Shah to stay on MCX Board for now

    October 22, 2013 23:09 IST

    Mumbai:  MCX promoter Jignesh Shah has managed to retain his position on the board in a crucial meeting held here today. The Multi Commodity Exchange today appointed three new share-holder directors, namely Union Bank of

  • mcx head shreekant javalgekar quits

    MCX head Shreekant Javalgekar quits

    October 19, 2013 20:55 IST

    Mumbai: Crisis-hit Financial Technologies Group has had another top-level exit, with the flagship Multi Commodity Exchange of India (MCX) on Saturday saying Managing Director and Chief Executive Officer Shreekant Javalgekar has resigned.“Javalgekar has submitted his

  • no question of government taking over nsel chidambaram

    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

  • eow finds half of nsel warehouses empty

    EOW finds half of NSEL warehouses empty

    October 04, 2013 20:11 IST

    Mumbai: In a startling development, the Economic Offences Wing (EOW) of Mumbai police, probing the Rs 5,600-crore payment crisis at the NSEL, has found half of the warehouses it raided empty, while four storage building

  • nsel payment crisis lookout notice issued against jignesh

    NSEL payment crisis:Lookout notice issued against Jignesh Shah

    October 04, 2013 19:04 IST

    Mumbai: Tightening its noose, the Economic Offences Wing (EOW) of Mumbai police, which is probing the Rs 5,600-crore payment crisis at the National Spot Exchange Limited (NSEL), today issued lookout notices against promoter Jignesh Shah

  • nsel probe eow summons shah massey defaulting brokers

    NSEL probe: EOW summons Shah, Massey, defaulting brokers

    October 02, 2013 23:56 IST

    Mumbai: The Economic Offences Wing of Mumbai Police, which is probing the alleged Rs 5,600-crore NSEL scam, has summoned bourse's promoters, including Jignesh Shah, defaulting brokers and senior officials, even as raids continued at exchange's

  • mumbai police files fir against nsel promoters directors

    Mumbai police files FIR against NSEL promoters, directors, defaulters

    September 30, 2013 22:09 IST

    Mumbai:  The Economic Offence Wing of the Mumbai police today searched the offices and residences of promoters, directors and defaulting brokers of the crippled National Spot Exchange (NSEL) and filed an FIR against them in

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