Financial Technologies

MCX-SX to be rechristened as Metropolitan Stock Exchange

MCX Stock Exchange (MCX-SX) on Tuesday said it has received approval from capital markets regulator Sebi to rename itself as Metropolitan Stock Exchange of India Ltd' or mSXI.

Sep 23, 2014, 20:39 PM IST

FTIL exits MCX by selling 5% stake for over Rs 200 cr

Financial Technologies (FTIL) on Wednesday exited country's largest commodity exchange MCX by selling its residual 5 percent stake in the bourse, it had originally promoted, for over Rs 200 crore.

Aug 27, 2014, 20:48 PM IST

SEBI relaxes norms for FTIL to divest stake in MCX

Commodity bourse MCX on Friday said that the capital markets regulator Securities and Exchange Board of India (Sebi) has relaxed norms to allow FTIL to bring down its stake to 1.99 percent in the commodity bourse.

Aug 22, 2014, 22:25 PM IST

FTIL Q1 net profit up 58% at Rs 128 cr

The FTIL scrip fell by 4.86 percent to settle at Rs 268.20 on the BSE.

Aug 13, 2014, 23:33 PM IST

FTIL appoints investment banker to sell stake in IEX

Financial Technologies on Tuesday said it plans to exit from exchanges businesses and has appointed investment bankers to sell its stake in the Indian Energy Exchange (IEX).

Aug 12, 2014, 21:29 PM IST

HC allows investors to make submissions on Shah's bail plea

The matter has been adjourned till August 11.

Aug 06, 2014, 20:12 PM IST

FTIL sells MCX 4% stake for Rs 154cr; holding drops to 20%

Financial Technologies on Wednesday offloaded four percent stake in MCX for about Rs 154 crore, bringing down its shareholding to 20 percent.

Jul 16, 2014, 20:03 PM IST

Jignesh Shah's bail plea hearing to continue Wednesday

The hearing on the bail plea of Jignesh Shah, the chairman of Financial Technologies (India), and former MCX CEO Shrikant Jawalgekar, arrested in connection with the Rs 5600-crore repayment issue at the National Stock Exchange Ltd, was adjourned to tomorrow by a local court today.

Jun 11, 2014, 00:47 AM IST

Jignesh Shah was aware of happenings at NSEL: EOW

In what could be a turning point in chairman of Financial Technologies Jignesh Shah's fate, sources have said that he has given a partial confession to the Economic Offences Wing (EOW) of Mumbai.

Jun 06, 2014, 20:00 PM IST