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VENKAT CHARY
63 Moons Technologies shares surge 10%The company on Monday announced plans of filing a legal suit against Congress leader P Chidambaram and two civil servants.- 63 Moons to file Rs 10,000 crore suits against P Chidambaram, 2 othersJignesh Shah is under the scanner regarding the Rs 5,600 crore payment scam at the now defunct NSEL.
- Maharashtra attaches accounts, IP rights of 63 Moons’ tech productThe attachment follows complaints by “a number of depositors” against the National Spot Exchange. The company intends to move court against...
- Jignesh Shah blames Chidambaram, babus for his woesJignesh Shah said the Sebi order against the 13 individuals on August 2 was “unfounded“.
- Sebi order: Jignesh Shah says no violations; alleges conspiracyShah had served as Chairman and Managing Director of FTIL at the time when the alleged insider trading happened.
- FIR likely against Jignesh Shah and others in MCX caseShah moved court after he said the police refused to file an FIR in the case. An FTIL spokesperson did not respond to an ET query till the ...
- NSEL Investors Associations urges MCA to pass FTIL-NSEL merger orderThe concept of corporate entity was evolved to encourage and promote trade and commerce, but not to commit illegalities or to defraud peopl...
- NSEL issue: Cyril Shroff met Jayant Sinha with settlement plan for small investorsThe proposal comes days ahead of the Company Law Board Delhi slated to hear a government petition to supersede the board of FTIL.
- 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...
- Financial Technologies asks shareholders to oppose 'forced' NSEL mergerThe government, in October last year, had ordered the merger of NSEL with its parent firm Financial Technologies (India) Ltd.
- PE Kedaara Capital, eight others in race to buy FTIL’s stake in Indian Energy ExchangeThough as many as nine prospective buyers have taken the bid document, only Kedaara Capital had signed the Non Disclosure Agreement (NDA) w...
- TPG Capital, General Atlantic, PE Kedaara Capital eye stake in Indian Energy ExchangeFTIL has appointed Axis Capital to scout for buyers to sell its 24.89 per cent stake in India’s largest power exchange
- BSE seeks answers from Financial Technologies on discounted MCX stake saleThe Bombay Stock Exchange found the purchase price per share of around Rs 664 at a significant discount to the prevailing market price.
- FTIL appoints former FMC chief, retired judge on its boardFinancial Technologies India Ltd has appointed former FMC chairman Venkat Chary and retired judge R J Kochar as additional directors on its...
- Bank of India sells stake in MCX for over Rs 20 croreBank of India, which held 5.25L shares, or 1.03%, in MCX as of the June quarter, offloaded its entire stake in the commodity exchange.
- IEX, America's PJM in pact to explore business opportunitiesIndian Energy Exchange (IEX) today entered into a pact with US-based PJM Technologies to explore opportunities for business collaboration a...
- Commodity Transaction Tax: Bourses fear Rs 150 lakh crore business loss to dabba tradeFearing that any transaction tax on commodity trade could push over 90 per cent of the business volumes to illegal 'dabba' trading.
- MCX to launch IPO by month-endMCX is likely to launch its up to Rs 750 crore initial public offer by month-end, becoming the first ever exchange in the country to get li...
- Direct FII market access to come from full rupee convertibilityIndia needs to build up its export -oriented manufacturing sector to achieve a trade surplus and support full convertibility of rupee.
- India's first power exchange IEX goes liveIndian Energy Exchange, the country's first power exchange, commenced its operations on Friday.
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