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Month: August 2013

8 / 9

Liquid Funds Recover From the July 15 Damage

Liquid Funds have recovered substantially from their fall on July 16. Remember, on July 15, the RBI took extraordinary measures to cut liquidity and that ...

The NSEL Settlement Fund is just 60 Cr?

ET reports the story on the quasi-settlement and has a very disturbing data point: Adding to the sense of crisis, it has emerged that NSEL’s settlement ...

NSEL Has Settlement Options, But Leaves Much To Answer

In a press release, NSEL has now said that it’s got some options on the table to settle. After meeting with people who are supposed to have given back money ...

Will Pay Back in 20 Weeks: NSEL

NSEL might settle in five months, says Hindu BusinessLine. The embattled National Spot Exchange Ltd (NSEL) has agreed to settle Rs 5,400 crore due to over ...

The Deeper Questions on the NSEL crisis

I’ve been getting a few questions about NSEL and its operations. Here’s my quick take. Aren’t NSEL’s contracts fair anyhow? So what if people wanted to ...

More NSEL: Adani Rumours, Brokers Palm off Exposure, SEBI Asks for Cross-Impact

More NSEL News. Please bear with me, this is a very big event and can have mega-implications for all investors. Adani group stocks were beaten down today on ...

Video: The “100% Risk Free” NSEL Investment Product

The Crisis of NSEL that has brought Financial Technologies crashing 80% is all because of a product that seems to have been actively advertised as a “safe” ...

FMC Shows Gazette Notifications Freeing NSEL from its Regulation, But Can’t Claim Hands Chained

The Forward Markets Commission has presented three gazette notifications that specifically rule out exchanges like NSEL from its jurisdiction. These are ...

Third Consecutive Bond Auction Devolves, This Time 947 cr.

Yet another auction devolves – the third in succession. (One, Two) This one saw Rs. 947 cr. that had to be absorbed by primary dealers. (Source) Every week, ...

Mutual Funds that Owned Shares of Financial Technologies

Mutual funds owning FT stock are largely from the Reliance and Birla stable, it seems. Going purely from the shareholding on Jun 30 (the last we have) the ...