Nse Scam News

News

SC sets aside government order to merge NSEL with 63 Moons Technologies

The apex court was hearing a batch of petitions filed by 63 Moons and founder ShahThe court also held that the merger order did not offer any compensation to the shareholders

2 min read1 May 2019
Market

NSE algo trading case: 62 broking firms may have had preferential access to NSE servers

NSE algo trading case: Reports show the 62 brokerages performed better during 2010-14, when they were supposed to have got unfair access

3 min read11 Jan 2019
Market

EOW files 2nd chargesheet in NSEL case against 63 entities

36companiesand 27 individuals among entities named in the 28,000-page supplementarychargesheet

2 min read28 Dec 2018
Market

NSEL files criminal case against Maharashtra govt

National Spot Exchange Ltd (NSEL) has blamed the Maharashtra government for not taking action against brokers and trading members in the NSEL scam

2 min read27 Dec 2018
Companies

Japan’s NTT Data buys 55% stake in Atom Tech for $9 million

Atom Technologies is a payments services firm owned by 63 Moons Technologies, formerly known as FTIL that was founded by Jignesh Shah

1 min read28 Nov 2018
Companies

NCLAT stays order letting govt nominate 63 Moons directors

NCLT had passed the order on a petition filed by the corporate affairs ministry seeking to 'replace the existing directors by appointing government nominee directors' on the board of 63 Moons

1 min read28 Jun 2018
Companies

NCLT bars Jignesh Shah, nine others from being directors in companies

Jignesh Shah, the founder of Financial Technologies (India) Ltdnow known as 63 Moons, is among those alleged to have been involved in the Rs5,600-crore payment crisis at NSEL

2 min read9 Jun 2018
Market

NSEL case: Enforcement Directorate conducts fresh raids in 5 states

ED raids in the NSEL case are being conducted in Delhi, Chandigarh, Ahmedabad, Mumbai, and Bengaluru under the money laundering act

1 min read30 May 2018
Companies

NSEL scam: 63 Moons to move Bombay HC for defreezing accounts

63 Moons CEO S. Rajendran says he will appeal to the Bombay high court against the state government's directives to freeze the operating accounts of the company

1 min read11 Apr 2018
Market

NSEL scam: Mumbai police attach FTIL’s operational accounts

Mumbai police has also approached a sessions court for putting revenue generated from FTIL's trading software ODIN in an escrow account

1 min read6 Apr 2018
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