NSEL lacks credibility; merge NSEL with FTIL: FMC to govt
Stating that crisis-hit NSEL is "bereft of any credibility", regulator FMC on Tuesday said it has recommended the government to consider merger of the spot commodity exchange with its promoter FTIL for speedy recovery of dues over Rs 5,300 crore from defaulters.
Sep 16, 2014, 15:22 PM IST