FTIL renames itself as 63 Moons Technologies

Last Updated: Wednesday, August 19, 2015, 18:06

Jignesh Shah-led Financial Technologies (India) Ltd on Wednesday proposed to change its name to 63 Moons Technologies Ltd as it seeks to reinvent itself in the wake of the NSEL crisis.

NSEL investors plan protest at Mumbai police chief office

Last Updated: Friday, May 8, 2015, 21:03

Investors hit by the scam at National Spot Exchange (NSEL) plan to stage a protest tomorrow outside Police Commissioner's office here to express displeasure over "shortcomings" in the investigations into the Rs 5,600 crore scandal that surfaced in 2013.

Vested interests trying to scuttle proposed settlement: NSEL

Last Updated: Tuesday, April 14, 2015, 22:04

Crisis-hit National Spot Exchange (NSEL), which is being probed several agencies for Rs 5,600 crore alleged scam, Tuesday said vested interests are trying to scuttle its proposed settlement plan to resolve this issue.

NSEL Investors' Action Group alleges "shoddy" probe by police

Last Updated: Monday, April 13, 2015, 20:21

NSEL Investors' Action Group has alleged "shoddy investigation" by the Mumbai Police in the Rs 5,600 crore NSEL scam and also accused it of protecting the exchange's promoter FTIL and its founder Jignesh Shah.

ED names Jignesh, Massey, 66 others in NSEL case charge sheet

Last Updated: Wednesday, April 1, 2015, 22:09

FTIL founder Jignesh Shah, MCX-SX's Joseph Massey and former NSEL CEO Anjani Sinha are among 68 accused named in the Enforcement Directorate (ED) charge sheet in the National Spot Exchange Limited scam case.

NSEL pays Rs 2 cr against Rs 86.02 cr; defaults for 24th time

Last Updated: Tuesday, January 28, 2014, 21:16

Crisis-ridden bourse NSEL on Tuesday paid Rs 2 crore against the scheduled payment amount of Rs 86.02 core, defaulting for the 24th straight time.

SEBI asked to disclose details on grant of licence to MCX-SX

Last Updated: Monday, January 20, 2014, 12:48

SEBI has been asked by its Appellate Authority to disclose details through RTI on process related to grant of recognition to MCX Stock Exchange, as all such information may not be confidential any more.

NSEL appoints five new independent directors

Last Updated: Thursday, January 16, 2014, 00:37

The troubled National Spot Exchange Ltd (NSEL) has appointed five new independent directors and a non-executive director to its board.

CERC asks IEX to explain its association with Jignesh Shah

Last Updated: Tuesday, January 14, 2014, 18:18

Shah and his flagship firm Financial Technologies (India) Ltd came under the scanner after a payment fiasco at its group entity National Spot Exchange Ltd.

NSEL Director Shah quizzed again; focus now on broking firms

Last Updated: Wednesday, January 8, 2014, 23:09

Jignesh Shah, promoter of scam-hit National Spot Exchange Ltd (NSEL), was Wednesday grilled by police for several hours even as the ongoing probe showed some broking firms and their directors had linked up with the bourse and indulged in unfair practice for monetary gains.

NSEL investors urge Mumbai police to arrest Jignesh Shah

Last Updated: Wednesday, January 8, 2014, 00:25

Over 200 aggrieved investors of the beleaguered National Spot Exchange Ltd (NSEL) demanded here today that the Mumbai Police arrest Jignesh Shah and other key accused, besides speeding up recovery from borrowers and defaulters within a stipulated time period.

Corporate sector sees big ticket deals in 2013

Last Updated: Monday, December 30, 2013, 16:16

If Narayana Murthy made a comeback to revive the sagging fortunes of Infosys, neo rich Jignesh Shah found himself in the cross hairs of brewing Rs 5,600 crore payment fiasco at the National Spot Exchange Ltd (NSEL).