ED attaches FTIL's mutual funds worth Rs 307 cr
The Enforcement Directorate, Mumbai, has attached Rs 306.70 crore worth assets belonging to Jignesh Shah-promoted Financial Technologies India Ltd (FTIL).
Sep 22, 2016, 15:37 PM IST
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
FTIL ups stake sale in IEX to 19.06% for Rs 410 cr
Financial Technologies India Ltd (FTIL) on Wednesday said it has entered into an amended share purchase agreement with five buyers to sell its 19.06 percent stake in Indian Energy Exchange(IEX) for Rs 409.95 crore.
Sep 23, 2015, 13:11 PM IST
FTIL signs new pact to sell 16.6% stake in IEX for Rs 357 cr
FTIL is divesting its stake in IEX following the direction from regulator Central Electricity Regulatory Commission's (CERC) in May last year in the wake of the Rs 5,600 crore payment scam at FTIL's group firm NSEL.
Jun 19, 2015, 14:18 PM IST
FTIL's exit from MCX-SX is complete
Crisis-hit Financial Technologies India Ltd (FTIL) Wednesday said it has completed the sale of its entire 5 percent stake in MCX-SX for nearly Rs 89 crore, thus exiting the bourse.
Apr 15, 2015, 22:00 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
HC orders status quo to proposed merger of FTIL with NSEL
The Bombay High Court on Thursday ordered `a status quo' till December 22 to the proposed merger of Financial Technologies India Ltd with the National Spot Exchange Ltd.
Nov 27, 2014, 22:13 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
CCI clears Kotak 15% stake buy in MCX
Kotak Mahindra Bank's proposed Rs 459 crore deal to acquire 15 percent stake in commodity bourse MCX today got the approval of fair trade regulator CCI, making the financial sector conglomerate a major player in exchange business.
Sep 15, 2014, 22:44 PM IST
FTIL Q1 net profit up 58% at Rs 128 cr
Financial Technologies (India) Ltd Wednesday posted 58 percent jump in standalone net profit at Rs 128.24 crore for the first quarter ended June 30, 2014-15, on account of higher income.
Aug 13, 2014, 20:25 PM IST
SEBI relaxes norms for FTIL to divest stake in MCX
To facilitate divestment by erstwhile promoters of MCX, SEBI has relaxed lock in period for such stake sale in the commodity bourse.
Jul 21, 2014, 22:30 PM IST
FTIL to sell 15% stake in MCX to Kotak Bank for Rs 459 cr
Jignesh Shah-led Financial Technologies on Sunday said it has signed an agreement to sell 15 percent stake in MCX to Kotak Mahindra Bank for Rs 459 crore.
Jul 20, 2014, 22:31 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
E-series investors redeem 85.5kg gold, Rs 140cr cash from NSEL
National Spot Exchange Ltd (NSEL), a subsidiary of Jignesh Shah-led Financial Technologies India Ltd.
Jun 10, 2014, 17:26 PM IST
