FTIL to sell 3.63% more stake in IEX for nearly Rs 100 croreIn a regulatory filing, FTIL said it has entered into an agreement with SG BRIC III Trading, LLC for sale 1.61 per cent stake sale for Rs 3...
NSEL-FTIL merger faces more delayThe government has sought three months more from the Bombay High Court (HC) to pass a final order on the merger as it has received over 19,...
Bombay High Court dismisses FTIL petitionThe Bombay High Court on Tuesday dismissed FTILs motion seeking to restrain the government from moving the Company Law Board to supersede i...
FTIL Board opposes MCA petition to CLB; stock hits 20% upper circuit"We have decided to contest all issues raised by Union of India vigorously as per the law of the law of the land," said Venkat Chary, actin...
FTIL-NSEL merger dispute: Bombay High Court allows government to pass final order with ridersThe government passed a draft order to merge NSEL with FTIL under Section 396 on October 21. This was challenged by FTIL in the HC.
Government prays to Bombay High Court to vacate stay of FTIL-NSEL merger orderThe ministry of corporate affairs on filed a notice of motion in the court praying that the HC restrain FTIL from selling, or creating any ...
Indian Energy Exchange in talks with FTIL for buying out technology solutionsLast month, FTIL entered into about Rs 576-crore deal to offload its 25.64 per cent shareholding in the bourse. The stake is to be sold to ...
NSEL-FTIL merge case adjourned to December 22The govt on the recommendation of commodity market regulator FMC passed a draft order to merge NSEL with FTIL last month in public interest.
FTIL expands Board; to carve out new firm for flagship productFTIL said that its flagship software product, ODIN, is being spun out into a "separate subsidiary to attract majority strategic partner/inv...
FTIL in pact to exit IEX by selling stake for Rs 576.84 croreFTIL said it will fully exit IEX by selling its entire stake to a clutch of investors, including TVS Shriram Growth Fund, for Rs 576.84 cro...
NSEL fraud: Government mulls revamp of FTIL boardAs it tries to recover investors' money in Rs 5,600-crore NSEL fraud, the government is considering a proposal to revamp the board of the c...
FTIL exits MCX; completes 15 per cent stake sale to Kotak Mahindra BankFTIL announced sale of 15% stake in MCX to Kotak and last month the company sold residual 5% stake in the bourse for over Rs 200 cr.
MCX board approves new pact with FTIL for tech supportMCX, which is already using the technology provided by its erstwhile promoter Financial Technologies (FTIL), is likely to sign a new agreem...
MCX to ask SEBI to waive 2% cap on FTIL stake saleThe board of Multi-Commodity Exchange of India has decided to ask market regulator SEBI to relax the 2 per cent lock-in cap on its promoter...
Merge NSEL with FTIL, says commodity market regulator to governmentA merger would transfer NSEL’s liabilities of more than Rs 5,000 cr to FTIL that has so far financially ring-fenced itself from the scam
FTIL may move Supreme Court for relief on MCX-SX exitFTIL might have to consider moving the Supreme Court against a SAT order that directed it to divest its shares and warrants in the bourse b...
FTIL stock zooms 77% in 5 sessions on MCX stake sale, dilution buzzGoing by the way the FTIL stock has been behaving over the past few sessions, few would believe the promoter of NSEL was in the eye of a st...