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I.T. Dept, ED Step In To Probe NSEL

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Stung by the first pay out default at the beleaguered NSEL, different wings of the finance ministry like the Income Tax Department and Enforcement Directorate have swung into action forming a multi-agency probe to establish the money trail. Also watch in this segment, how stock market regulator SEBI has stepped up its monitoring of the situation as well, examining the impact on the other exchanges run by the Financial Technologies Group.