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SEBI relaxes norms for FTIL to divest stake in MCX
To facilitate divestment by erstwhile promoters of MCX, SEBI has relaxed lock in period for such stake sale in the commodity bourse. SEBI has allowed Financial Technologies to bring down its stake to 1.99 per cent in MCX. The ...

ICAI begins scrutiny of FTIL, NSEL issues
New Delhi: With the auditors withdrawing their audit report on crisis-hit NSEL's promoter Financial Technologies, the accounting watchdog ICAI has begun looking into the matter and has sought all available details from the concerned stakeholders. "There are certain provisions in ...
NSEL owes Rs 253 crore to Motilal Oswal group
New Delhi: Financial services provider, Motilal Oswal, Tuesday said the group has total exposure of Rs 253.92 crore as on date on crisis-ridden National Spot Exchange Ltd (NSEL). The company, in a BSE filing said, NSEL owes Rs 253.92 crore ...
MCX stocks recover from lows after NSEL crisis; up 84% in 2wks
Mumbai: Shares of Multi Commodity Exchange have surged over 84 percent over the past fortnight after suffering a massive fall that was triggered by the crisis at National Spot Exchange Ltd (NSEL). Both NSEL and MCX are promoted by  Jignesh Shah-led ...
Will honour commitments, assures NSEL
Mumbai: The troubled bourse National Spot Exchange Ltd (NSEL) Wednesday assured its investors that it will honour all commitments. NSEL, promoted by Jignesh Shah-led Financial Technologies (India) Ltd, is facing the problem of settling dues worth Rs 5,500 crore to ...
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