Conclude NSEL-FTIL merger process by Oct 31: HC to Ministry
The Bombay High Court Friday directed the Union Ministry of Corporate Affairs to complete by October 31 the process of passing final order on the proposed merger of National Spot Exchange of India with Financial Technologies (India) Ltd (FTIL).
Aug 07, 2015, 21:44 PM ISTFin Tech asks shareholders to oppose 'forced' NSEL merger
Financial Technologies has asked its shareholders to oppose the proposed "forced" merger of crisis-hit National Spot Exchange Ltd (NSEL) with itself.
Feb 26, 2015, 12:01 PM ISTNSEL crisis: Govt mulls Board changes for merged entity
The Corporate Affairs Ministry last week unveiled a proposal to merge NSEL -- which has been embroiled in an over Rs 5,600 crore payment crisis -- with Jignesh Shah-led Financial Technologies (India) Ltd.
Oct 27, 2014, 11:18 AM ISTFTIL stock rebounds after initial hiccup; m-cap up Rs 47 crore
Shares of Financial Technologies slumped to their lowest trading permissible limit for the day but rebounded to settle with gains of over 6 percent, adding nearly Rs 47 crore to its market capitalisation.
Oct 22, 2014, 21:29 PM IST