FTIL-NSEL merger: MCA says 96% objections 'orchestrated'
In a first-ever move forcing the amalgamation of two private companies, the MCA has ordered the merger of crisis- hit National Spot Exchange Ltd (NSEL) with its parent FTIL (Financial Technologies India Ltd) in "public interest".
Feb 14, 2016, 17:40 PM IST
Bombay HC lifts stay to FTIL-NSEL merger
The proposed merger of the crippled commodities spot exchange NSEL with its parent FTIL got a shot in the arm today with the Bombay High Court lifting the stay order it had passed last November, and asking the government to pass the final order.
Feb 04, 2015, 22:35 PM IST
FTIL opposes merger of NSEL with itself
FTIL on Tuesday opposed the merger of scam-hit NSEL with itself as proposed by regulator FMC for speedy recovery of dues.
Sep 16, 2014, 19:13 PM IST
