On April 15, 2015 23:00 (IST)
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.
On April 12, 2015 18:49 (IST)
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.
On April 10, 2015 21:28 (IST)
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.
On March 31, 2015 22:29 (IST)
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 Nationa...
On February 06, 2015 21:53 (IST)
The company had posted a net profit of Rs 34.47 crore in the year-ago period.
On December 24, 2014 22:31 (IST)
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.
On December 14, 2014 16:37 (IST)
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.
On December 10, 2014 00:29 (IST)
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)...
On December 08, 2014 23:03 (IST)
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.
On November 30, 2014 15:47 (IST)
The Central Electricity Regulatory Commission (CERC) has given Financial Technologies India Ltd (FTIL) time till January 4 to comply with its directive to complete sale of its entire stake in Indian Energy Exchange.
On November 28, 2014 00:27 (IST)
The order was passed by a division bench of Justice V M Kanade and Anuja Prabhudesai while hearing a petition filed by FTIL challenging the proposed merger.
On November 26, 2014 13:45 (IST)
FTIL has been in trouble ever since the Rs 5,600 crore payment scam surfaced at group firm NSEL in July last year.
On November 25, 2014 23:32 (IST)
Scam-hit National Spot Exchange Ltd's merger with parent firm Financial Technologies India Ltd (FTIL) will be done after considering suggestions from stakeholders, the government said on Tuesday.
On November 25, 2014 22:49 (IST)
Financial Technologies India Ltd (FTIL) on Tuesday inked a pact with ace investor Rakesh Jhunjhunwala, financial major Edelweiss and others to sell its entire 5 per cent stake in MCX-SX for Rs 88.41 crore.
On November 17, 2014 21:45 (IST)
FTIL decided to exit the exchange business and focus on its core technology business after the Rs 5,600 crore scam surfaced at its Indian subsidiary NSEL last year.
On November 13, 2014 01:03 (IST)
Financial Technologies India Ltd (FTIL) on Wednesday said its net profit for the second quarter of the current fiscal year has jumped over 12 times to Rs 327 crore on the back of one-time gain on sale of its holding in MCX.
On November 12, 2014 21:30 (IST)
Some minority shareholders of Financial Technologies India Ltd (FTIL) have raised objections to the proposed merger of the scam-hit National Spot Exchange Ltd (NSEL) with the company.
On November 07, 2014 23:39 (IST)
Facing a government-ordered merger of the crisis hit National Spot Exchange Ltd (NSEL) with itself, Financial Technologies India Ltd (FTIL) on Friday announced spinning off a key revenue-generating trading software product into a separate subsidiary ...
On November 06, 2014 00:22 (IST)
Financial Technologies India Ltd (FTIL) said on Wednesday that it will fully exit IEX by selling its entire stake to a clutch of investors for Rs 576.84 crore.
On October 29, 2014 22:38 (IST)
Wiser after the Rs 5,600-crore scam at National Spot Exchange Ltd (NSEL), the government on Wednesday withdrew exemption granted to all spot commodity bourses for launching one-day forward contracts in agri and non-agri items with immediate effect.