The corporate affairs ministry had moved the board seeking the removal and supersession of the FTIL board under Section 397 of the Companie...

The final order has to be presented in the Bombay High Court and will come into effect two weeks after submission so that affected parties ...

The concept of corporate entity was evolved to encourage and promote trade and commerce, but not to commit illegalities or to defraud peopl...

Brokers have criticised FTIL’s proposal to immediately settle the claims of small and midsized investors as “unilateral” and “meaningless.

Financial Technologies Ltd (FTIL) slipped as much as 3.5 per cent in trade on Wednesday after Bombay High Court dismissed its petition.

The Bombay High Court on Tuesday dismissed FTILs motion seeking to restrain the government from moving the Company Law Board to supersede i...

FTIL would "hive off its most popular automated trading software Odin into a separate business unit for selling it to prospective bidders."

"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...

"The re-constituted Board of 12 members will have 5 Non-Exec and Independent Directors, 4 Exec Directors and 3 Non-Exec Directors," it said.

FTIL said that its flagship software product, ODIN, is being spun out into a "separate subsidiary to attract majority strategic partner/inv...

As 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...

Jignesh Shah-led FTIL said its Board has approved voluntary delisting of the company's equity shares from Madras and Ahmedabad stock exchan...

MCX, which is already using the technology provided by its erstwhile promoter Financial Technologies (FTIL), is likely to sign a new agreem...

The 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...

The Board of Directors, at a meeting here today, took note of the ongoing discussions with the bidders for sale of stake by Jignesh Shah-pr...

The Rs 5,600-cr NSEL payment crisis erupted last July when the exchange was unable to settle contracts, MCA ordered an inspection in Septem...

Financial Technologies India Ltd has appointed former FMC chairman Venkat Chary and retired judge R J Kochar as additional directors on its...