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561 ArticlesCommentary

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MCX-SX Licence Renewed, SEBI Disengages Promoter Control

The licence of MCX-SX, the stock exchange whose promoters are the same as NSEL (Financial Technologies and MCX), has been renewed for one year. This is despite ...

NSEL Executives Borrowed from Defaulting Companies

ET notes that NSEL top executives Amit Mukherjee and Kalpesh Shah have “dealings” with one of the biggest defaulters in the NSEL crisis, Mohan India. ...

NSEL E-Series Gold and Silver Audited by Sharp & Tannan, Redemptions Could Be In Cash

A lot of people are worried about what to do with their NSEL e-Series Gold and Silver holdings, which are in demat mode. Should you convert them to delivery? ...

NSEL’s Insider Nexus, Gets Called For Fraud, Serious Media Attention

The 5,500 National Spot Exchange Scam now gets even more mainstream media attention. Here are some links. Outlook comes out guns blazing, firing at Jignesh ...

Six Myths About The Food Security Bill

I write about the Food Security Bill at Yahoo: 1. The Food Security Bill (FSB) costs 1 percent or 3 percent of India’s GDP, so it is expensive or ...

Local Manufacturing Could Be The Future

A number of online media sites are running stories of how the fall in the rupee is hurting real lives. Students in the UK write in to say they have to pay much ...

Vodafone’s $130 Billion Deal Gets Tax-Avoidance Outrage

Vodafone just sold their holding in Verizon Wireless, back to Verizon, for a mighty $130 billion. And the deal has a very interesting structure. Vodafone’s ...

The Real Estate Ponzi Scheme Exposed: RBI Warns Banks Funding Builders with Upfront or 80:20 Loans

In a notification, banks have been told to watch all loans under “innovative” financing schemes which involve giving builders the full home loan amount ...

SEBI Makes Market-Halt Circuit Limits Dynamic

SEBI has decided to alter the circuit breaker limits for stock exchanges. Currently, market wide circuit breakers apply after a 10% change (1 hour), 15% change ...

NSEL Chairman Interview: I Didn't Know

The ex-chairman of NSEL, Shankarlal Guru, meets Zee News for an exclusive. He says he wasn’t aware of irregularities. That some people had told NSEL there ...