SEBI asks FTIL to issue advisory to investors on NSEL matter
Capital markets regulator SEBI Thursday asked Financial Technologies (India) Ltd to issue an 'advisory' on matters relating to a government-proposed merger of its crisis-hit subsidiary NSEL, to help the investors take an "informed decision".
Mar 19, 2015, 20:46 PM IST
NSEL accuses its brokers of hiding their clients' details
The crippled National Spot Exchange (NSEL) Wednesday accused the brokers of not providing the investor details, and said going by the number of details it got so far the total number of investors who have claimed to have lost money looked bogus.
Mar 18, 2015, 21:52 PM IST
'Most shareholders oppose proposed merger of NSEL with FTIL'
The government in October last year had ordered merger of National Spot Exchange Ltd (NSEL) with its parent firm Financial Technology India Ltd (FTIL).
Mar 10, 2015, 20:09 PM IST
NSEL launches campaign to clear the air over payment crisis
NSEL has launched a massive media outreach explaining the circumstances leading to the Rs 5,600 crore payment crisis as well as how it has been "singled out" and no action has been taken against real culprits.
Mar 10, 2015, 14:05 PM IST
FTIL opposes MCA petition to supersede its board
Financial Technologies today said its Board has unanimously opposed the Ministry of Corporate Affairs (MCA) petition to Company Law Board (CLB) seeking "removal and supersession" of the FTIL Board.
Mar 02, 2015, 13:26 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
IEX in talks with FTIL for buying out technology solutions
Indian Energy Exchange is in talks with its erstwhile promoter FTIL, which is in the process of exiting the bourse, for buying out the application software and other solutions used for its trading platform.
Dec 14, 2014, 12:52 PM IST
MCX-SX issues shares to new investors; meets Sebi conditions
To comply with the conditions imposed by Sebi, MCX-SX Tuesday issued shares to 12 new investors, including Rakesh Jhunjhunwala, following which the erstwhile promoter FTIL will completely exit from the bourse.
Dec 09, 2014, 19:54 PM IST
FTIL sells 1.65 lakh shares of MCX-SX to Jhunjhunwala
Financial Technologies India Ltd (FTIL) Monday said it has sold an additional 1.65 lakh shares to ace investor Rakesh Jhunjhunwala for Rs 2.47 lakh in stock exchange MCX-SX, thereby completely exiting the bourse.
Dec 08, 2014, 19:46 PM IST
CERC gives more time to FTIL for completing IEX stake sale
In its latest order, the Central Electricity Regulatory Commission (CERC) said that FTIL has been pursuing the divestment process in compliance with its order.
Nov 30, 2014, 12:59 PM IST
FTIL shares up over 4.5% at close
Shares of Financial Technologies India (FTIL) ended over 4.5 percent higher after the company inked a pact with ace investor Rakesh Jhunjhunwala and others to sell its entire 5 percent stake in MCX-SX for Rs 88.41 crore.
Nov 26, 2014, 17:58 PM IST
FTIL shares up nearly 8% on MCX stake sale
Shares of Financial Technologies India Ltd (FTIL) today climbed nearly 8 percent in early trade after the company inked a pact with ace investor Rakesh Jhunjhunwala, Edelweiss Financial Services and others to sell its entire 5 percent stake in MCX-SX for Rs 88.41 crore.
Nov 26, 2014, 15:18 PM IST
FTIL in pact with Jhunjhunwala, others to exit MCX-SX bourse
Financial Technologies India Ltd Tuesday inked a pact with ace investor Rakesh Jhunjhunwala, financial major Edelweiss and others to sell its entire five percent stake in MCX-SX stock exchange for Rs 88.41 crore.
Nov 25, 2014, 22:59 PM IST
NSEL, FTIL merger after stakeholders' suggestions: Jaitley
The government has issued only a draft order on amalgamating National Spot Exchange Ltd with Financial Technology and if required, the final order will be issued after considering suggestions submitted by the stakeholders, parliament was told Tuesday.
Nov 25, 2014, 18:16 PM IST
Jignesh Shah resigns as FTIL MD; will mentor the firm now
The FTIL Board in its meeting held today appointed Prashant Desai as new Managing Director and CEO of the firm.
Nov 20, 2014, 20:02 PM IST
Jignesh Shah resigns as MD of FTIL
Jignesh Shah has resigned as the Managing Director of Financial Technologies India.
Nov 20, 2014, 19:46 PM IST
FTIL shares up over 4% on sale of Mauritius-based bourse
FTIL scrip jumped 4.31 percent to settle at Rs 189.90 on the BSE. During the day, it gained 6.83 percent to Rs 194.50.
Nov 18, 2014, 18:05 PM IST
MCX approaches SEBI for retaining stake in MCX-SX, MCX-SX CCL
Country's largest commodity exchange MCX has requested SEBI to allow the company to retain its stake in MCX-SX and MCX-SX CCL.
Nov 14, 2014, 22:12 PM IST
FTIL moves Bombay HC against Govt order on merger with NSEL
The Financial Technologies India Ltd (FTIL) has filed a petition in the Bombay High Court challenging the recent government order to merge its crippled National Spot Exchange with itself.
Nov 13, 2014, 20:09 PM IST
FTIL expands Board; to carve out new firm for flagship product
Facing a government-ordered merger of crisis hit NSEL with itself, Financial Technologies India (FTIL) on Friday announced spinning off a key revenue-generating trading software product into a separate subsidiary as part of a major restructuring exercise.
Nov 07, 2014, 20:30 PM IST
