The apex court, issued notice to Sebi on another petition filed by FTIL against its order directing it to divest some of its stake in the M...

Last 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 ...

The CERC's decision came on a plea filed by Financial Technologies (India) Ltd seeking more time to complete the divestment process.

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

In fact, NSEL said, FMC decisions are dissipating the exchange's energy in various directions instead of a joint effort for recovery.

FMC has also asked Kotak Mahindra Bank Ltd to disclose every-year to commodity exchange MCX that it is in compliance with 'fit and proper' ...

A merger of the kind proposed vitiates the concept of limited liability where the shareholders liability is restricted to the paid-up capit...

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...

A 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 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 said that the price per share for the sale of stake in MCX is Rs 600 and not "Rs 664" as mentioned in the BSE query.

In December last year, FTIL was declared unfit to hold more than 2% in MCX, primarily as a fallout from the Rs 5,600-crore scam on its subs...

The company said it will be “extremely unreasonable” to expect binding bids in the absence of certainty on the fate of these pacts.

In one stroke, the new rule will abolish the concept of anchor investor and shut the door for unregulated private firms and businessmen.

MCX finds itself in a bind over ensuring that its promoter FTIL cuts its stake to 2% from 26% after having been declared not ‘fit & proper’...

The NSEL, which is promoted by FTIL, has been defaulting on payments to 13,000 investors. In July, FMC had halted trading at the exchange.

Shares of MCX and FTIL today fell sharply after the board of MCX asked promoter FTIL to reduce its stake to 2%, in accordance with the regu...