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Jignesh Shah files fresh bail plea in HC

Last Updated: Sunday, June 29, 2014, 19:39

MCX promoter Jignesh Shah, held in the Rs 5,000 crore NSEL scam, has filed a petition in the Bombay High Court challenging an order of a special court refusing to grant him bail.

NSEL scam: Jignesh Shah's bail plea rejected

Last Updated: Tuesday, June 24, 2014, 20:04

A Mumbai court Tuesday rejected the bail application of MCX promoter Jignesh Shah arrested in connection with the Rs 5600 crore NSEL scam.

Indian Energy Exchange: FTIL mulls appeal against CERC order

Last Updated: Sunday, June 22, 2014, 19:10

Financial Technologies is mulling appealing against electricity regulator CERC's order that directs the company to completely divest its stake in the Indian Energy Exchange (IEX).

E-series investors redeem Rs 237 crore: NSEL

Last Updated: Sunday, June 15, 2014, 20:15

Crisis-hit NSEL on Sunday said investors who traded in e-series contracts in metals like gold and silver have so far redeemed Rs 237 crore.

E-series investors redeem 85.5kg gold, Rs 140cr cash from NSEL

Last Updated: Tuesday, June 10, 2014, 17:26

National Spot Exchange Ltd (NSEL), a subsidiary of Jignesh Shah-led Financial Technologies India Ltd.

Jignesh Shah was aware of happenings at NSEL: EOW

Last Updated: Friday, June 06, 2014, 20:00

In what could be a turning point in chairman of Financial Technologies Jignesh Shah's fate, sources have said that he has given a partial confession to the Economic Offences Wing (EOW) of Mumbai.

NSEL accuses former CEO of trying to influence probe

Last Updated: Thursday, June 05, 2014, 23:10

Crisis-ridden National Spot Exchange Ltd (NSEL) Thursday accused its former CEO Anjani Sinha of trying to influence the investigation and judicial proceedings in alleged irregularities in the bourse by giving media statements.

FinMin issues show-cause notice to NSEL on exemptions

Last Updated: Wednesday, June 04, 2014, 17:46

The Finance Ministry has issued a show-cause notice to the National Spot Exchange Ltd (NSEL), which is engulfed in a Rs 5,600 crore payment crisis, asking why exemptions granted to it in 2007 should not be withdrawn.

FTIL reports net loss of Rs 371.25 cr in Q4

Last Updated: Saturday, May 31, 2014, 18:42

Crisis-hit Financial Technologies India Ltd (FTIL) on Saturday reported a net loss of Rs 371.25 crore for the quarter ended March 31, 2014 due to lower sales and provisions made for doubtful loans and advances.

NSEL scam: Court may hear bail plea of Jignesh Shah on June 2

Last Updated: Tuesday, May 27, 2014, 20:29

The sessions court is now likely to hear their bail applications on June 2.

Jignesh Shah remanded in police custody till May 15

Last Updated: Thursday, May 08, 2014, 21:52

A court here Thursday remanded Financial Technologies and Multi Commodities Exchange (MCX) promoter Jignesh Shah and former managing director and chief executive of the exchange Shreekant Javalgekar in police custody till May 15 in the Rs 5,600-crore National Spot Exchange Limited payment scam.

Timeline: Rise and fall of Jignesh Shah

Last Updated: Wednesday, May 07, 2014, 23:33

Timeline: Rise and fall of Jignesh Shah