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63 moons had filed a petition in the High Court against the bank's decision to write off the AT1 bonds as part of a rescue plan

63 moons & others win AT1 bonds case against Yes Bank in Hon’ble Bombay...

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Major relief to 63 moons and others 63 moons had an Rs.300 crore investment in the AT1 bond of Yes Bank Lakhs of bondholders...
Shielding for more than one year is itself a violation, as clearance has to be given within 120 days

DEA protects P Chidambaram, K P Krishnan, Ramesh Abhishek in a criminal complaint filed...

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DEA has not sanctioned investigation despite both Lokpal & CVC sanctioning an investigation Even after two years, the Department of Economic Affairs (DEA) has not...
Rs 10,000 crore defamation suit against PC

HC asks PC, Ramesh Abhishek, KP Krishnan to file response in the defamation suit...

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On Tuesday, 22nd October 2019, the Bombay High Court directed Former Finance Minister P Chidambaram and top IAS officers Ramesh Abhishek former chairman of...
Another diabolical plot of Chidambaram and C-Company has been dismantled as Bombay High Court rules that NSEL is not a financial institution

63 moons wins MPID case in Bombay HC; Court rules NSEL is not a...

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Jignesh Shah and 63 Moons got their day in the court and won a critical battle. The Bombay High Court (HC) today ruled that...
Ramesh Abhishek owes answers to PGurus questions now that Supreme Court has ruled against his actions in the NSEL saga

‘Dabangg’ former FMC chief Ramesh Abhishek in the dock as SC scraps NSEL –...

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Ramesh Abhishek, the former controversial chairman of the Forward Markets Commission (FMC), who is currently striving hard either to get appointed as the Union...
While the EOW has filed chargesheets against 63 in the NSEL case, the SEBI continues to keep mum

NSEL – Wheels set in motion as Mumbai EOW chargesheets 63

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Jignesh Shah can breathe a sigh of relief. The founder of Financial Technologies India Ltd (FTIL), now 63 Moons, would have been pleased to...
Banks shift focus from routine IT spend to survival-driven cybersecurity investment

Banks look to scale up IT spending amid cyber threat from Anthropic’s Mythos

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AI threat forces banks to shift IT spend from cost to survival Public sector banks are bracing up to increase IT spending in order to...
NSEL crisis case sees major relief as tribunal upholds Rs.1,950 crore settlement scheme

NCLAT rejects MMTC plea against one-time settlement between NSEL and traders

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NCLAT upholds NSEL-63 Moons settlement, says no evidence of fraud Appellate tribunal NCLAT on Monday set aside an appeal by state-owned trading firm MMTC, challenging...
Tribunal approves NSEL’s Rs.1,950 cr one-time settlement to compensate over 5,600 investors affected by the 2013 Rs.5,400 crore payment default

NCLT approves Rs.1,950 crore one-time settlement scheme for NSEL investors

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After 12 years, NCLT clears NSEL’s Rs.1,950 cr investor settlement The National Company Law Tribunal (NCLT) Mumbai Bench has approved a Rs.1,950 crore one-time settlement...
Is the MCX moving the pieces to make an inevitable merger with its rival NSE?

Is MCX misleading the public about its New platform? Part 2

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Part 1 of this series can be accessed here. Ignorance or arrogance? What exactly is the MCX messaging? As of the writing of this part, I...

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