ED attaches Rs 75 cr assets in NSEL scam case

Last Updated: Sunday, December 1, 2013, 18:23

They are one of the largest borrowers in the businesses of this exchange, sources said.

Ministry probe finds corporate governance lapses at NSEL

Last Updated: Friday, November 29, 2013, 23:44

Spot commodity exchange NSEL, part of Jignesh Shah-led Financial Technologies Group, is grappling with a Rs 5,600 crore payment crisis after it suspended trade on July 31 on government direction.

SBI graft case: Court extends CBI custody of Kumarah

Last Updated: Wednesday, November 27, 2013, 20:44

A special CBI court here Wednesday extended the CBI custody of former Assistant General Manager of State Bank of India (SBI), K K Kumarah till November 30 in an alleged graft case.

NSEL crisis: Forensic auditor for e-series contracts appointed

Last Updated: Tuesday, November 26, 2013, 00:17

Choksey & Choksey has been appointed forensic auditor for e-series contracts and it has started its work, the National Spot Exchange Ltd said in a release here today.

BJP youth wing holds protest against `Ram Leela`

Last Updated: Sunday, November 17, 2013, 22:04

Activists of BJP`s youth wing on Sunday held protest outside a theatre screening Sanjay Leela Bhansali`s release, `Goliyon Ki Rasleela: Ram-Leela`.

NSEL scam: Mumbai police attach 100 properties of defaulters

Last Updated: Wednesday, November 13, 2013, 21:22

Mumbai Police, which is probing the Rs 5,600 crore payout scam involving the National Spot Exchange Ltd, has attached 100 of the 166 properties of the defaulters it has identified so far besides seven flats of the exchange's former top officials who were arrested in the case.

German leftist terrorist suspect convicted

Last Updated: Tuesday, November 12, 2013, 17:01

An 80-year-old German woman, who was part of a leftist terrorist organisation, has been acquitted of a role in the deadly 1975 terror attack on OPEC headquarters in Vienna.

NSEL crisis: EOW arrests Lotus Refineries chief Arun Sharma

Last Updated: Tuesday, November 12, 2013, 00:00

Interestingly, Sharma had earlier lodged a case against NSEL seeking Rs 2,500 crore from the exchange, while NSEL claimed the company owed Lotus Refineries Rs 250 crore.

NSEL Scam: Police start attachment of borrowers' properties

Last Updated: Thursday, November 7, 2013, 22:50

The Mumbai Police, probing the Rs 5,600-crore scam at the National Spot Exchange, Thursday initiated the process of attaching about 25 immovable assets of the borrowers and has shortlisted nearly 100 properties of all the accused in the case, a senior police official said.

Govt making all efforts to tackle Naxalism: Sushil Kumar Shinde

Last Updated: Saturday, October 19, 2013, 14:27

Union Home Minister Sushil Kumar Shinde has said that that the Government has adopted multi pronged strategy in partnership with the states affected by Left Wing Extremism (LWE) through different interventions in the areas related to security, development, rights and entitlement and improvement in governance.

CBI might close NSEL probe to avoid multiplicity of agencies

Last Updated: Thursday, October 10, 2013, 18:17

CBI might close its inquiry into alleged irregularities and duping of customers by the National Spot Exchange Limited, which is facing a Rs 5,600-crore payment crisis, to avoid multiplicity of investigations.

EOW arrests NSEL vice-president Amit Mukherjee

Last Updated: Wednesday, October 9, 2013, 19:51

In the first arrest in the more than two-months old case, Amit Mukherjee, vice-president at NSEL's business development department, was called for questioning and subsequently placed under arrest for his role in the scam.