MUMBAI : The government proposed a merger of the National Spot Exchange (NSEL), the failed commodities trading bourse, with its parent Financial Technologies (FTIL), to pay back about Rs 5,600 crore to investors who had traded on NSEL till it went bust in July 2013. Besides investors, the move is also expected to [...]
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Tuesday, 28 October 2014
Government proposes FTIL-NSEL merger
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