Financial technologies has indicated that it is exiting it mobile transaction and payment gateway company ATOM Technologies by selling 95% stake in it. ATOM is a subsidiary of FTIL forms 7-8 years back.
The Appellate Tribunal for Electricity, Delhi, has confirmed an order of the Central Electricity Regulatory Commission (CERC) that Financial Technologies (FTIL), promoter of Indian Energy Exchange, was not 'fit and proper' to hold shares in the latter.
The Bombay High Court on Wednesday vacated its order dated November 27, 2014 asking the central government to maintain status quo on the proposed merger of the defunct National Spot Exchange Ltd (NSEL) with its parent Financial Technologies India Ltd
Continental Africa Holdings (CAHL), which apparently agreed to buy Financial Technologies India’s (FTIL’s) Mauritius-based Bourse Africa (BAL) exchange for $40 million (Rs 250 crore), does not seem to have the resources to pay, according to
The Bombay High Court today extended till February 4 the stay on merger of crisis-hit National Spot Exchange Lmited (NSEL) with parent Financial Technologies (FTIL) and has asked the Ministry of Corporate Affairs (MCA) to respond by January 23.The court
The Bombay High Court on Monday ordered a status quo in a case involving the draft order from the Union ministry of corporate affairs for a merger of scam-hit National Spot Exchange (NSEL) with parent entity Financial Technologies (FTIL).
At a board meeting held on Tuesday, the MCX-SX board has approved the issuance of equity shares, earlier held by Financial Technologies (FTIL) as warrants, to 12 investors, including to investor Rakesh Jhunjhunwala.
The Bombay High Court today ordered status quo in the NSEL-FTIL meger case and directed the government to file a reply to the petition filed by FTIL.The government issued a draft order to merger NSEL and FTIL on 21st October.
Financial Technologies India (FTIL) has surged 5% to Rs 190 in early morning deals on NSE after the company announced the sale of its 5% stake in MCX-SX to ace investor Rakesh Jhunjhunwala, along with 12 others, in a deal amounting to over Rs 88 crore.
Financial Technologies (India) Limited, or FTIL, on Tuesday announced the sale of its five per cent stake in MCX-SX to ace investor Rakesh Jhunjhunwala, along with 12 others, in a deal amounting to over Rs 88 crore.