NSEL says police freeze its bank accounts
MUMBAI (Reuters) - Commodities market operator National Spot Exchange Ltd's (NSEL) bank accounts have been frozen by Mumbai police's Economic Offences Wing, NSEL said in a statement on Tuesday.
NSEL, which is owned by Financial Technologies (India) Ltd(FITE.NS), suspended trading in August in most of its forward contracts.
The Mumbai police were not immediately available to comment.
(Reporting by Himank Sharma. Editing by Jane Merriman)
- Tweet this
- Share this
- Digg this
- Delhi's rubble-strewn Connaught Place mirrors Congress' election struggle
- UPDATE 5-Hezbollah says commander killed in Beirut, blames Israel
- Exit polls see gains for BJP in state elections
- UPDATE 5-Biden calls for trust with China amid airspace dispute
- Short-term fix eyed for another problem with U.S. healthcare website
The Hindu nationalist opposition Bharatiya Janata Party (BJP) emerged as the biggest winner in four key state elections, exit polls forecast on Wednesday, a possible blow to the ruling Congress ahead of a general election due next year. Full Article