Free Speech Tracker

List of Incidents in Maharashtra -> Defamation -> 2015
NSE drags Moneylife to HC for algo reports, seeks Rs 100cr
Ref: http://www.business-standard.com/article/pti-stories/nse-drags-moneylife-to-hc-for-algo-reports-seeks-rs-100cr-115072100898_1.html
The National Stock Exchange (NSE) on Tuesday said it has filed a Rs 100-crore defamation suit in the Bombay High Court against online news portal Moneylife for allegedly publishing false reports on algorithm (algo) trading mechanism on its platform.

The exchange said it had sought withdrawal of the reports and had made a claim of Rs 100 crore (which can be revised upwards) from Moneylife for the defamation.