SAT dismisses FTIL plea against Sebi order declaring it unfit
The SAT Wednesday dismissed Jignesh Shah- promoted Financial Technologies' (FTIL) plea against a Sebi order declaring it unfit to own stakes in market infrastructure institutions, stating that decisions by financial market regulators have bearing on each other.
Jul 09, 2014, 12:44 PM IST
MCX shares gain 6 pc as Jhunjhunwala buys stake
Shares of Multi Commodity Exchange of India Wednesday jumped 6 percent after ace investor Rakesh Jhunjhunwala purchased nearly two percent stake in the commodity bourse for over Rs 66 crore.
Jul 09, 2014, 12:33 PM IST
Jignesh Shah files fresh bail plea in HC
MCX promoter Jignesh Shah, held in the Rs 5,000 crore NSEL scam, has filed a petition in the Bombay High Court challenging an order of a special court refusing to grant him bail.
Jun 29, 2014, 19:39 PM IST
SAT concludes hearing of FTIL appeal, reserves order
The Securities Appellate Tribunal Thursday concluded the hearing and reserved its order on the Financial Technologies' appeal against a Sebi order declaring it unfit to own any stake in market infrastructure institutions like stock exchanges and clearing corporations.
Jun 26, 2014, 23:08 PM IST
NSEL scam: Jignesh Shah's bail plea rejected
A Mumbai court Tuesday rejected the bail application of MCX promoter Jignesh Shah arrested in connection with the Rs 5600 crore NSEL scam.
Jun 24, 2014, 20:04 PM IST
FTIL's stake in MCX to be sold via offer for sale
India's leading commodity exchange, Multi Commodity Exchange (MCX) has been permitted to sell its 24 percent stake in Financial Technologies India Ltd (FTIL) via offer for sale.
Jun 23, 2014, 18:32 PM IST
Indian Energy Exchange: FTIL mulls appeal against CERC order
Financial Technologies is mulling appealing against electricity regulator CERC's order that directs the company to completely divest its stake in the Indian Energy Exchange (IEX).
Jun 22, 2014, 19:10 PM IST
