On August 19, 2015 21:07 (IST)
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.
On June 29, 2015 17:25 (IST)
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.
On June 26, 2015 20:40 (IST)
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.
On June 19, 2015 15:40 (IST)
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.
On May 15, 2015 21:42 (IST)
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.
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 National Spot Exchange Ltd (NSEL).
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) will completely exit from the bourse.
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.