'Financial Technologies India Ltd' - 217 News Result(s)

  • Financial Tech Set to Exit IEX, to Sell Remaining Stake
    Financial Tech Set to Exit IEX, to Sell Remaining Stake

    Financial Technologies India Ltd (FTIL) has entered into an agreement with Madison India Opportunities for selling its remaining 0.37 per cent stake in Indian Energy Exchange (IEX) for nearly Rs 8 crore.

  • Financial Tech to Sell More Stake in IEX for Rs 100 Crore
    Financial Tech to Sell More Stake in IEX for Rs 100 Crore

    Financial Technologies India Ltd (FTIL) on Monday said the company has entered into two different agreements for sale of an additional 3.63 per cent stake in Indian Energy Exchange (IEX) for nearly Rs 100 crore.

  • Financial Tech in Process of Selling Remaining Stake in IEX
    Financial Tech in Process of Selling Remaining Stake in IEX

    Financial Technologies India Ltd (FTIL) on Friday said it has completed sale of a 19.06 per cent stake in the Indian Energy Exchange (IEX) and is in the process of divesting the remaining 6.58 per cent stake in the bourse.

  • Former Infosys CFO V Balakrishnan Joins Chennai Firm
    Former Infosys CFO V Balakrishnan Joins Chennai Firm

    Former chief financial officer of IT major Infosys Ltd V Balakrishnan on Friday joined city-based digital consultancy firm Kaar Technologies as an independent director.

  • Financial Tech Completes 11% Stake Sale in IEX
    Financial Tech Completes 11% Stake Sale in IEX

    Financial Technologies India Ltd (FTIL) on Wednesday saidit has completed the sale of 11 per cent stake in IndianEnergy Exchange (IEX) to DCB Power Ventures and Kiran Vyapar.

  • FTIL Sells 19% Stake Sale in IEX for Rs 410 Cr
    FTIL Sells 19% Stake Sale in IEX 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 per cent stake in Indian Energy Exchange (IEX) for Rs 409.95 crore.

  • FTIL Renames Itself as 63 Moons Technologies
    FTIL Renames Itself as 63 Moons Technologies

    The letter also added that going forward, the company is keen and committed to create a vast universe of businesses around digital ecology, which will be the mainstream business of the 63 moons. It will remain in the realm of technology, but will strive to expand its sphere of influence in the new generational businesses built.

  • FTIL Asked to Transfer Stake in IEX to Trust Account by July 2
    FTIL Asked to Transfer Stake in IEX to Trust Account by July 2

    Financial Technologies India Ltd (FTIL), which holds around 26 per cent stake in IEX, is divesting its stake in the bourse following a direction from the Central Electricity Regulatory Commission (CERC) in May last year in the wake of the Rs 5,600-crore payment crisis at the group firm NSEL.

  • FTIL Begins Process to Sell 23% Stake in MCX-SX Clearing Corporation
    FTIL Begins Process to Sell 23% Stake in MCX-SX Clearing Corporation

    Financial Technologies India Ltd (FTIL) has begun the process of selling its 23 per cent stake in MCX-SX Clearing Corporation Ltd (MCX-SX CCL) in order to comply with a Securities and Exchange Board of India order.

  • FTIL Signs Pact to Sell 16.6% Stake in IEX for Rs 357 Cr
    FTIL Signs Pact to Sell 16.6% Stake in IEX for Rs 357 Cr

    Financial Technologies India Ltd (FTIL) on Friday said it has entered into a new share purchase agreement with four companies to sell a 16.6 per cent stake in Indian Energy Exchange Ltd (IEX) for Rs 357.06 crore.

  • MCX Wants Sebi Nod to Raise Stake in MSXI
    MCX Wants Sebi Nod to Raise Stake in MSXI

    Commodity bourse MCX has requested the Securities and Exchange Board of India (Sebi) that it may be allowed to hold up to a 15 per cent stake in Metropolitan Stock Exchange (MSXI) and be granted extension till December 31 to hold its warrants.

  • Exit From MCX-SX Complete: Financial Tech
    Exit From MCX-SX Complete: Financial Tech

    Crisis-hit Financial Technologies India Ltd (FTIL) on Wednesday said it has completed the sale of its entire 5 per cent stake in MCX-SX for nearly Rs 89 crore, thus exiting the bourse.

  • Assocham Lobbies Against NSEL Merger With Parent Firm
    Assocham Lobbies Against NSEL Merger With Parent Firm

    Opposing the proposed merger of crisis-hit National Spot Exchange Ltd (NSEL) with its parent Financial Technologies India Ltd (FTIL), industry body Assocham has said that a company cannot be held liable for "any alleged liability" of a subsidiary.

  • FTIL-NSEL Swap Ratio Finalised; NAFED to Get 38 Shares
    FTIL-NSEL Swap Ratio Finalised; NAFED to Get 38 Shares

    The swap ratio has been decided after considering the fair value of NSEL at Rs 77 a share and the calculation was based on latest audited financial statements of the bourse as on March 31, 2012.

  • FTIL Offers Rs 1000 Cr Settlement Plan; Brokers Reject
    FTIL Offers Rs 1000 Cr Settlement Plan; Brokers Reject

    Financial Technologies India Ltd (FTIL) on Tuesday 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).

  • FTIL Posts Rs 5 Crore Loss During December Quarter
    FTIL Posts Rs 5 Crore Loss During December Quarter

    The company had posted a net profit of Rs 34.47 crore in the year-ago period.

  • SKS Capital Won't Buy MCX-SX Stake: Financial Tech
    SKS Capital Won't Buy MCX-SX Stake: Financial Tech

    Financial Technologies (India) Ltd or FTIL on Wednesday said SKS Capital has backed out from acquiring some of its stake in MCX-SX even as other investors, including Rakesh Jhunjhunwala, have completed purchase of shares in the stock exchange.

  • Indian Energy Exchange in Talks With FTIL for Buying Out Technology Solutions
    Indian Energy Exchange in Talks With FTIL for Buying Out Technology Solutions

    Since its inception, the leading power exchange has been using the technology provided by Financial Technologies (India) Ltd (FTIL), which has been asked by the regulator CERC to complete sale of its entire stake by January 4.

  • MCX-SX Issues Shares to New Investors, Meets Sebi Conditions
    MCX-SX Issues Shares to New Investors, Meets Sebi Conditions

    To comply with conditions imposed by the Securities and Exchange Board of India (Sebi), MCX-SX on Tuesday issued shares to 12 new investors, including Rakesh Jhunjhunwala, following which the erstwhile promoter Financial Technologies India Ltd (FTIL) will completely exit from the bourse.

  • Financial Tech Sells 1.65 Lakh MCX-SX Shares to Jhunjhunwala
    Financial Tech Sells 1.65 Lakh MCX-SX Shares to Jhunjhunwala

    Financial Technologies India Ltd (FTIL) on said it has sold an additional 1.65 lakh shares in stock exchange MCX-SX to ace investor Rakesh Jhunjhunwala for Rs 2.47 lakh, thereby completely exiting the bourse.

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