I’d noted yesterday that NSEL had received just Rs. 81 cr. of the 174 cr. it was supposed to pay out today. Turns out they didn’t get much more; they ended ...
Kirit Somaiya has uncovered more interesting details on the NSEL borrowers. He finds that Mohan India and Tavishi Enterprises are linked (they are two ...
On the eve of the first “payout” by the NSEL to its members, the other parties (“defaulters”) who agreed on a settlement program involving paying over ...
Kirit Somaiya (ex BJP MP) has found that the directors of Juggernaut Projects, one of the lenders to NSEL are peons at Motilal Oswal, earning Rs. 8000 per ...
Remember when NSEL had said that it owes brokers 5,600 crores, and out of that around 2,000 cr. was going to be paid immediately, while about 3,300 cr. would ...
The day before NSEL was supposed to make the first payment after it defaulted, the worst fears are now looking like reality. NSEL doesn’t have the stock in ...
Sundar at Business Standard reports that just four years ago, an exchange called SNX (SAFAL National Exchange of India Ltd) was shut down. It was co-promoted ...
The government will probe the conflict of interest in the NSEL issue, where the exchange has defaulted on the last settlement and it’s chairman, Shankarlal ...
Economic Times has two investigative pieces on NSEL. First, Avinash Celestine hunts down the list of the 24 entities that own money to NSEL. And finds ...
HDFC Prudence fund has bought Rs. 9 cr. worth shares of MCX, the commodity exchange that is run by Financial Technologies who also run the NSEL exchange where ...
