Shares of Financial Technologies were up nearly 2% at Rs 115.50 on the Bombay Stock Exchange after the company said it has concluded the sale of 11% equity stake in Indian Energy Exchange Ltd on fully diluted basis.
Less than a week after the merger into itself of the Forward Markets Commission (FMC), the Securities and Exchange Board of India (Sebi) has told the Union finance ministry it will not do any new investigation into the National Spot Exchange (NSEL) scam,
On the day Financial Technologies (FTIL) was holding its annual general meeting (AGM), the Bombay High Court restrained the company from distributing a dividend to its shareholders or to pay higher remuneration to key personnel, pending the hearing of a
Technology company Financial Technologies (FTIL) posted a net loss of Rs 35.75 crore for the quarter ended June 30, 2015 as compared to a net profit of Rs 128.25 crore in the corresponding period last year.
The Union ministry of corporate affairs (MCA) on July 24 told the Bombay High Court it has received about 45,000 representations on the proposed merger of National Spot Exchange Ltd (NSEL) with its parent Financial Technologies India Ltd (FTIL).
Financial Technologies India Ltd (FTIL) today said it has entered into a new share purchase agreement with four companies to sell 16.6 per cent stake in Indian Energy Exchange Ltd (IEX) for Rs 357.06 crore.
Financial Technologies’ (FTIL’s) consolidated operating income slumped to a fourth in the financial year 2014-15 since its spot commodities trading subsidiary National Spot Exchange Ltd (NSEL) shut down its operations.
Abbey Rodrigues, an Ahmedabad-based trading client of the scam-hit National Spot Exchange Ltd (NSEL), wants brokers to participate in the settlement offer made recently by the latter’s promoter, Financial Technologies India (FTIL), to clear the
Financial Technologies India (FTIL) founder Jignesh Shah, Multi Commodities Exchange-Stock Exchange's (MCX-SX) Joseph Massey and former National Spot Exchange (NSEL) Chief Executive Officer Anjani Sinha are among 68 persons named as accused in the
Financial Technologies today said it has submitted to the government a Rs 1,000-crore settlement plan, including Rs 500-crore to be contributed by brokers, to clear the claims of small and mid-sized investors on scam-hit National Spot Exchange Ltd (NSEL).
Share price of Financial Technologies (FTIL) surged 13.19% on Tuesday following news about its settlement proposal to the Ministry of Corporate Affairs (MCA) to avoid long drawn legal battle between FTIL’s defunct subsidiary National Spot Exchange