National Spot Exchange Ltd
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All Stories for National Spot Exchange Ltd
Lapses have taken place but we will honour commitments, says NSEL
Fp Archives •"There have been lapses at NSEL but we will fix those. We will honour all our commitments," NSEL Director Jignesh Shah told reporters here today.
NSEL's third payout: Manages to collect only Rs 80 lakh
Fp Archives •The National Spot Exchange (NSEL) could gather only Rs 80 lakh today from its members and clients against the third scheduled payout of Rs 174.72 crore which is due on 4 September.
Mumbai police freeze NSEL bank accounts; no payout to investors again
Fp Archives •
NSEL was not registered, CBI to probe scam: Chidambaram
Fp Archives •Chidambaram said NSEL was not a registered or recognised association under the FMC but got exemption even before it started its business.
Mayaram panel on NSEL to submit report to FM today
Fp Archives •
NSEL promises to clear dues in 7 months, but brokers not happy
Fp Archives •FMC said it will take a decision on the settlement plan after getting views from brokers and investors while directing NSEL not to make payments to related-entity IBMA (Indian Bullion Market Association) without prior approval.
More trouble for NSEL: Brokers threaten legal action if dues not paid
Fp Archives •In a fresh twist to NSEL imbroglio, an investor forum today demanded change in the ownership of the bourse and said that the government should takeover all collaterals to restore investor confidence.
Govt likely to ban trading in e-series contracts at NSEL
Fp Archives •The government is likely to ban trading in e-series contracts on the National Spot Exchange Ltd (NSEL), a move that could hit its business further.
National Spot Exchange members buy more time to settle payments
Fp Archives •Thirteen members would pay five percent of their outstanding obligations, a total of Rs 3,107 crore, weekly, and eight members, with contracts amounting to Rs 2,180 crore, would settle outright.
NSEL allays concerns, claims it has physical stocks worth Rs 6,200 cr
Fp Archives •The National Spot Exchange (NSEL), which is facing the heat after it suspended trading in contracts until further notice, this evening claimed it has physical stock worth Rs 6,200 crore compared to total outstanding contracts of Rs 5,000-5,500 crore.