Financial Technologies today said it has submitted to the government a Rs 1,000-crore settlement plan, including Rs 500-crore to be contributed by brokers, to clear the claims of small and mid-sized ...
The Multi Commodity Exchange (MCX) scrip soared to its highest level in 13 months after Jignesh Shah-promoted Financial Technologies (FTIL) said it has entered into a share-purchase agreement with ...
FTIL is selling a 24% stake in MCX as directed by the Forward Markets Commission (FMC), which said on 17 December that the Jignesh Shah-led company was unfit to run an exchange. Photo: Abhijit ...
The Bombay High Court on Tuesday extended till March 31 stay to implementation of merger between National Spot Exchange Ltd (NSEL) and Financial Technologies (India) Ltd (FTIL). As a face-off ...
The copyright issue is the latest controversy to hit FTIL. Its chief Jignesh Shah was arrested on money laundering charges. Photo: Abhijit Bhatlekar/Mint Mumbai: Arizona, US-based Modulus Financial ...
Limited liability is the keystone of modern-day corporations. Strike at that and you bring the roof down. The government’s order that the scam-tainted National Spot Exchange Ltd (NSEL) be merged with ...
In MMTC’s recovery suit against NSEL, with MMTC attempting to raise the corporate veil for targeting the promoters, Financial Technologies (FTIL) is trying hard to shield the sale proceeds from SMX, ...
Financial Technologies India Ltd (FTIL) today reported a net profit of Rs 12.36 crore for the quarter ended June. The company had posted a net loss of Rs 45.32 crore in the year-ago period, FTIL said ...
New Delhi: The Ministry of Corporate Affairs is looking to ascertain whether Jignesh Shah-led Financial Technologies violated laws, especially with respect to carrying out its duties as a holding ...