On April 11, 2014 21:39 (IST)
Jignesh Shah-promoted Financial Technologies (India) Ltd (FTIL) has to reduce its stake in MCX to 2 per cent from the current 26 per cent stake to comply with the regulatory norms following the NSEL payment crisis of Rs 5,600 crore.
On April 09, 2014 23:03 (IST)
Multi Commodity Exchange (MCX) on Wednesday said it has decided, for the time being, not to go ahead with its controversial preferential allotment issue.
On April 04, 2014 21:11 (IST)
National Spot Exchange Ltd (NSEL), which is a subsidiary of Jignesh Shah-led Financial Technologies India Ltd, is grappling with a payment crisis for settling dues worth Rs 5,500-crore after it suspend trading activities in July last year following a...
On April 03, 2014 23:32 (IST)
Multi Commodity Exchange's board (MCX) on Thursday made changes to the company's rules following which voting rights of promoter Financial Technologies India Ltd (FTIL) would be restricted to just 2 per cent.
On April 03, 2014 22:36 (IST)
Multi Commodity Exchange (MCX) on Thursday decided to defer a controversial issue of preferential allotment of shares.
On March 31, 2014 23:49 (IST)
Multi Commodity Exchange (MCX) on Monday said its board will meet on April 3 to consider allotment of preferential shares, but this move was strongly opposed by its promoter Financial Technologies India Ltd (FTIL), which said it would take legal reco...
On March 30, 2014 15:15 (IST)
The Ministry of Corporate Affairs is looking to ascertain whether Jignesh Shah-led Financial Technologies India Ltd (FTIL) violated laws, especially with respect to carrying out its duties as a holding company, according to sources.
On March 27, 2014 21:20 (IST)
The Forward Markets Commission (FMC) on Thursday allowed scam-hit National Spot Exchange Ltd (NSEL) to convert e-series gold contracts into physical form - a move that would benefit 33,000 investors.
On March 25, 2014 18:33 (IST)
Multi Commodity Exchange (MCX), Indias largest commodity bourse, may be barred from launching fresh contracts if it fails to bring down promoters' stake to 2 per cent, according to a Forward Markets Commission official.
On March 24, 2014 17:03 (IST)
Earlier this month, the CBI registered a Preliminary Enquiry (PE) against former Sebi Chairman C B Bhave and ex-member K M Abraham, as also against Jignesh Shah-founded FTIL and MCX, among others.