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Everything about the $Billion NSEL Scam 2014-08-23 11:52:38
The Bombay High Court has granted a bail to Jignesh Shah in the Rs 5,600 crore NSEL scam. Jignesh Shah is the founder of Financial Technologies (India), which established the hugely successful Multi Commodity Exchange of India (MCX). Economic Offences...
Keywords: spot market, Economic Offences Wing, spot exchange, MCX
Read MoreMCX IPO to open today 2012-02-22 07:41:55
"Seven of the existing investors in the MCX are diluting part of their stakes. This means, the exchange will not get any money from the IPO," Rutten said, adding that the exchange is cash rich and does not require fresh...
Keywords: qualified institutional buyers, positive impact, CRISIL, initial public offer (IPO)
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