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NSELNova Scotia Environment and Labour
NSELNational Stock Exchange of Lithuania
NSELNot Selected (NEC)
NSELNucleus Software Exports Ltd. (software company)
NSELNetwork Secure Event Logging (Cisco)
NSELNicaragua Sugar Estates Limited SA (est. 1890)
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References in periodicals archive ?
The SEBI summarises that aACoebrokers facilitated transactions in the said paired contracts for their clients on the NSEL platform, became channel and instrument for NSEL to promote paired contracts among their clients.
JIGNESH Shah- led Financial Technologies ( India) Limited ( FTIL) might have to absorb huge liabilities, including more than ` 5,200- crore payment dues, to clean up the mess at National Spot Exchange Limited ( NSEL) after the corporate affairs ministry ordered the trading software provider on Tuesday to merge itself with the scam- hit bourse.
The report says that these brokers were allegedly involved in illegal forward contracts at the NSEL in contravention of the Forward Contract Regulations Act 1952 (FCRA).
Last year, Sebi asked MCX- SX to restructure its Board and governance structure after the NSEL crisis.
Company Chairman Venkat Chary said despite the fact that there is no money trail traced to NSEL, 63 moons and its founder, the group has been singularly targeted as part of a conspiracy.
At the heart of the NSEL fiasco was a practice at the exchange, where members were allowed to take long term forward contracts in commodities such as oilseeds, cereals and pulses, although the exchange was allowed to handle only spot contracts, similar to mandis where buyers and sellers exchange goods for money.
Arguing for Shah, Jethmalani said that since his client had a non- executive position in NSEL and did not participate in the dayto- day functioning, his arrest was unwarranted.
NSEL and FTIl have been asked to submit their response by February 22.
ONCE touted as the wonder boy of the commodity markets, Jignesh Shah, chairman and chief executive officer ( CEO) of Financial Technologies ( India) Limited ( FTIL), was arrested by the Economic Offences Wing ( EOW) of the Mumbai Police in the ` 5,600- crore National Spot Exchange Limited ( NSEL) scam.
Investigations against them will help CBI make headway in the nine- year- old Airbus purchase scam and the more recent National Spot Exchange Limited ( NSEL) case registered in March, allegedly involving officials of the state- owned Metals and Mineral Trading Corporation ( MMTC).
Summary: New Delhi [India], Dec 27 (ANI): The Enforcement Directorate (ED) on Wednesday provisionally attached ten immovable properties of National Spot Exchange Limited (NSEL) having a market value of Rs.
NATIONAL Spot Exchange Ltd ( NSEL) promoter Jignesh Shah's residence was one of 15 locations searched by the Central Bureau of Investigation ( CBI) on Thursday for alleged cheating in the investment of public sector undertaking PEC that caused a loss of ` 120 crore to the exchequer.