Jignesh Shah said the Sebi order against the 13 individuals on August 2 was “unfounded“.

Shah had served as Chairman and Managing Director of FTIL at the time when the alleged insider trading happened.

Shah 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 ...

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

The proposal comes days ahead of the Company Law Board Delhi slated to hear a government petition to supersede the board of FTIL.

"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 government, in October last year, had ordered the merger of NSEL with its parent firm Financial Technologies (India) Ltd.

Though as many as nine prospective buyers have taken the bid document, only Kedaara Capital had signed the Non Disclosure Agreement (NDA) w...

FTIL has appointed Axis Capital to scout for buyers to sell its 24.89 per cent stake in India’s largest power exchange

The Bombay Stock Exchange found the purchase price per share of around Rs 664 at a significant discount to the prevailing market price.

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

Bank 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.

Indian Energy Exchange (IEX) today entered into a pact with US-based PJM Technologies to explore opportunities for business collaboration a...

Fearing that any transaction tax on commodity trade could push over 90 per cent of the business volumes to illegal 'dabba' trading.

MCX 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...

India needs to build up its export -oriented manufacturing sector to achieve a trade surplus and support full convertibility of rupee.

Indian Energy Exchange, the country's first power exchange, commenced its operations on Friday.