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  • FILE:FTIL promoter Jignesh Shah

    MCX-SX scandal: CBI arrests FTIL promoter Jignesh Shah for alleged cheating, suppression of facts

    September 20, 2016 19:09 IST

    CBI today arrested the promoter of FTIL Jignesh Shah in a case of alleged cheating and suppression of facts in getting SEBI extension to MCX-SX

  • ftil shares up nearly 8 on mcx stake sale

    FTIL shares up nearly 8% on MCX stake sale

    November 26, 2014 14:06 IST

    Mumbai: Shares of Financial Technologies India Ltd (FTIL) today climbed nearly 8 per cent in early trade after the company inked a pact with ace investor Rakesh Jhunjhunwala, Edelweiss Financial Services and others to sell

  • ftil signs deal with kotak to sell its 15 stake in mcx

    FTIL signs deal with Kotak to sell its 15% stake in MCX

    July 20, 2014 21:36 IST

    Mumbai: Financial Technologies (India) Ltd (FTIL) today announced that it has entered into a Share Purchase Agreement (SPA) to sell its 15 per cent stake in MCX to Kotak Mahindra Bank for Rs 459 crore. 

  • ministry to ascertain whether ftil as holding co violated

    Ministry to ascertain whether FTIL as holding co violated norms

    March 30, 2014 17:57 IST

    New Delhi: The Ministry of Corporate Affairs is looking to ascertain whether Jignesh Shah-led Financial Technologies violated laws, especially with respect to carrying out its duties as a holding company. Financial Technologies (India) Ltd (FTIL) is

  • sebi orders ftil to sell shares in mcx sx and other bourses

    Sebi orders FTIL to sell shares in MCX-SX and other bourses

    March 20, 2014 16:33 IST

    New Delhi: The Securities and Exchange Board of India (Sebi) on Wednesday directed Jignesh Shah-led Financial Technologies India Ltd (FTIL), to sell its shares in MCX-SX and other exchanges within 90 days on the ground

  • sebi adjourns hearing on ftil issue to feb 12

    Sebi adjourns hearing on FTIL issue to Feb 12

    January 13, 2014 23:37 IST

    Mumbai: The Securities and Exchange Board (Sebi) today adjourned to February 12 hearing on the eligibility of Financial Technologies (India) Ltd, whose group entity NSEL is at the centre of a scam, to run stock

  • fmc finds jignesh shah ftil not fit proper to run any bourse

    FMC finds Jignesh Shah,FTIL not fit & proper to run any bourse

    December 18, 2013 18:05 IST

    New Delhi: In a severe indictment, commodity market regulator FMC has said Jignesh Shah and his firm FTIL are not ‘fit and proper' to run any exchange in the country and charged him of being

  • nsel defaults for 17th time pays rs 9 crore against rs

    NSEL defaults for 17th time; pays Rs 9 crore against Rs 174.72 crore

    December 10, 2013 23:08 IST

    New Delhi: Crisis-ridden bourse NSEL today paid about Rs 9 crore against the scheduled payment amount of Rs 174.72 crore, defaulting for the 17th straight time. With today's pay-out, NSEL has so far settled about

  • nsel owes rs 253 cr to motilal oswal group

    NSEL owes Rs 253 cr to Motilal Oswal group

    September 17, 2013 16:39 IST

    New Delhi:  Financial services provider Motilal Oswal today said the group has total exposure of Rs 253.92 crore as on date on crisis-ridden National Spot Exchange Ltd.The company, in a BSE filing said, NSEL owes

  • sebi begins probe into ftil mcx stock crash

    Sebi begins probe into FTIL, MCX stock crash

    August 01, 2013 16:09 IST

    Mumbai, Aug 1: Market regulator Sebi has begun a probe into a major crash in the share prices of commodity bourse MCX and its promoter Financial Technologies (FTIL) and has sought information from stock exchanges

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