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Economic Offences Wing finds half of NSEL warehouses empty

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 of commodities existed only on paper, ...

‘Systematic failure’ in NSEL functioning: Mayaram panel

New Delhi: The high-level panel on alleged irregularities at NSEL Monday submitted to the Finance Minister its report which is believed to have pointed out certain 'minor systemic' failures in the functioning of the exchange. The report details long term ...

Government panel finds 'minor systemic failure' at NSEL

NEW DELHI: The high-level panel, headed by Economic Affairs Secretary Arvind Mayaram, has found "minor systemic" failure at the National Spot Exchange Ltd that is grappling with Rs 5,500 crore payment crisis. The final report is likely to be submitted ...