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IEX STAKE DIVESTMENT
Indian Gas Exchange secures Sebi's nod to float IPOIndian Gas Exchange Ltd has received approval from Sebi to launch an initial public offering. The proposed IPO is exclusively an offer for ...- Indian Gas Exchange files IPO papers with Sebi; parent IEX to divest stakeIndian Gas Exchange has filed preliminary papers for its Initial Public Offering. The proposed public issue is entirely an Offer For Sale b...
- Market Movers: What triggered the late rally in state-owned banks?While the amendment itself is not significant, a key point in the note reportedly was that the new bill would allow the government to reduc...
- GAIL acquires IEX's 5% stake in Indian Gas Exchange"IEX, India's premiere electricity exchange has further divested 5 per cent equity stake in the IGX to GAIL (India) Ltd, India's leading na...
- Stocks in the news: RIL, Maruti Suzuki, BHEL, Adani Green and HindalcoJapanese auto major Suzuki Motor Corporation (SMC) has increased its stake in Indian subsidiary Maruti Suzuki to 56.37%.
- PTC India divests entire stake in IEX for Rs 132.54 croreThe company said prior to the stake sale, its investment in IEX stood at Rs 1.52 crore.
- SC directs IEX to pay Rs 31 crore dividend to FTILThe FTIL had divested its stake in IEX on November 19, 2015, following the Central Electricity Regulatory Commission (CERC) terming it "Not...
- FTIL swings back into black, posts Rs 95.03 crore profit for Q3Financial Technologies today reported a net profit of Rs 95.03 crore for the quarter ended on December 31, on account of gain on divestment...
- FTIL Surges 6% post announcement of 3% stake sale in IEXThe Indian Energy Exchange is the largest power trading exchange. FTIL had around 26 per cent stake in IEX.
- 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...
- FTIL concludes sale of 1.58% stake in IEXFinancial Technologies (FTIL) today said it has concluded sale of 1.58 per cent equity stake in power bourse IEX on a fully diluted basis t...
- FTIL in process of selling rest 6.58% stake in IEXFTIL said it has completed sale of 19.06 per cent stake in the Indian Energy Exchange (IEX) and is in the process of divesting the remainin...
- FTIL exits from IEX, sells entire 19.06% stakeFinancial Technologies (FTIL) today exited from Indian Energy Exchange (IEX) by selling its entire 19.06 per cent stake in the bourse.
- TVS Capital buys 3% stake in IEX from Bessemer Venture for Rs 75 croreWhen contacted, Vishal Gupta, managing director, Bessemer Venture Partners India, confirmed the sale of stake in IEX to TVS Capital.
- PFS opposes Indian Energy Exchange’s proposed Rs 108 crore tech deal with FTILPFS’ refusal to the deal is likely to have serious implications on the proposed move by FTIL to divest its little over 27% stake in the exc...
- 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 ...
- CERC gives more time to FTIL for completing IEX stake saleCERC has given Financial Technologies time till January 4 to comply with its directive to complete sale of its entire stake in Indian Energ...
- CERC gives Financial Technologies more time for IEX stake saleThe CERC's decision came on a plea filed by Financial Technologies (India) Ltd seeking more time to complete the divestment process.
- Financial Technologies appoints investment banker to sell stake in IEXJignesh Shah-led FTIL is in process of divesting its stake in stocks & energy exchanges after it was declared unfit by SEBI, FMC & CERC.
- PTC India Financial offloads 14% stake in IEX for Rs 71 crorePTC India Financial Services, an arm of power trader PTC India, today said it has sold 14 per cent stake in Indian Energy Exchange Limited.
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