Financial Technologies

Mobcoder Is Unifying Uk High Streets With A Fintech App - Voilo

Voilo is a smartphone app that connects small businesses and charities with their consumers, allows them to accept payments from anywhere, and saves them up to 90% on transaction costs.

May 27, 2022, 12:17 PM IST

HC junks FTIL's petition against govt order to merge with NSEL

The Bombay High Court on Monday dismissed a petition filed by the erstwhile Financial Technologies (India) Ltd (FTIL) challenging a 2016 decision of the Union government ordering its merger with its subsidiary, National Spot Exchange Ltd (NSEL).

Dec 04, 2017, 14:34 PM IST

NSEL scam: Govt orders SFIO probe against FTIL, 18 associate companies

In mounting troubles for Jignesh Shah-led Financial Technologies, the government has directed SFIO to probe the company and its 18 associates with respect to alleged irregularities in the nearly Rs 5,600-crore scam at NSEL.

Nov 01, 2016, 19:17 PM IST

FTIL shares slump nearly 10% after Jignesh Shah's arrest

Jul 13, 2016, 13:13 PM IST

Govt seeks to restrain FTIL from selling assets

To protect the interest of investors in the nearly Rs 5,600-crore scam at NSEL, the government has moved the Supreme Court seeking a restrain on parent firm Financial Technologies to prevent possible "asset stripping"

Apr 01, 2016, 18:41 PM IST

Govt orders merger of NSEL with Financial Technologies

This is the first case of the government ordering merger of two private companies invoking a rarely used clause in the companies law.

Feb 12, 2016, 21:41 PM IST

Financial Technologies wraps up IEX stake sale

Financial Technologies on Friday said it has concluded sale of its remaining 5 percent stake in Indian Energy Exchange (IEX).

Nov 20, 2015, 12:59 PM IST

FTIL set to exit IEX, to sell remaining 0.37% stake

Financial Technologies has entered into an agreement with Madison India Opportunities.

Nov 10, 2015, 21:52 PM IST

FTIL renames itself as 63 Moons Technologies

Jignesh Shah-led Financial Technologies (India) Ltd on Wednesday proposed to change its name to 63 Moons Technologies Ltd as it seeks to reinvent itself in the wake of the NSEL crisis.

Aug 19, 2015, 18:06 PM IST

FTIL-NSEL swap ratio finalised; NAFED to get 38 shares

The government has finalised the share swap ratio for the proposed merger of crisis-hit NSEL with its parent Financial Technologies, which itself will not get any share.

Apr 10, 2015, 18:02 PM IST

MSX says not linked to FTIL, NSEL and their promoters anymore

Metropolitan Stock Exchange, formerly known as MCX Stock Exchange or MCX-SX, on Thursday said it is no more linked to Financial Technologies, NSEL and its promoters and operates as a separate and independent entity.

Apr 02, 2015, 18:48 PM IST

FTIL offers Rs 1000cr settlement plan; brokers reject proposal

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).

Mar 31, 2015, 16:44 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 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