63 Moons

The monetary penalty has been imposed post an investigation in to the purchase orders given by MCX to 63 Moons.

NSEL Case: 63 Moons claims overwhelming response on settlement scheme

Traders of NSEL approve one-time settlement scheme worth Rs 1,950 crore

MCX set to go live on TCS from October 1, finally breaking away from 63 Moons

MCX had signed an agreement with 63 Moons to use its platform till December 2023. It will keep 63 Moons platform as backup in case it finds glitches on the new platform.

UBS maintains buy rating on MCX, raises target price to Rs 2,100 a share

Recently, the company informed that it has resolved trading procedure issues, completed the final code freeze, and resumed daily mock trading on the new platform starting from September 1.

Mutual funds suffer Rs 275-crore loss in value after MCX stock slumps 10%

Despite assurances from MCX management that the exchange was progressing towards a complete transition to the new trading platform by the end of June, investors were taken aback.

Short Call | Conflicting signs in Bank Nifty, CLSA’s contra view, MCX, 63 Moons, AMC stocks, oil politics

The Street is divided on whether the flurry of share sales by promoters and large institutional investors indicates a market peak around the corner, or if it is a vote-of-confidence on the India story from incoming investors

Penalty clause in TCS deal won't help cover extra expenses paid to 63 Moons: MCX

Between October 2022 and June 2023, MCX paid Rs 242 crore to 63 Moons for the extension of the contract. It was extended till December 2023 for a charge of Rs 125 crore per quarter. All together, MCX will fork out Rs 470 crore as additional expenses

MCX contract extension with 63 Moons a nasty surprise for Street

Commodity traders on the MCX platform have nothing to worry about, since trading will continue smoothly on July 1. But shareholders have plenty to fret about

63 Moons builds on gains after zooming over 20% in 2 days

Miri Strategic Emerging Markets Fund LP, the hedge fund owned by US-based Miri Capital Management LLC, has bought an additional 0.77 percent stake in the technology services firm

MCX plunges after mock drill for new trading platform cancelled

Shares of 63 Moons Technologies, the software services provider to MCX, jumped nearly 5% as of 11.22 am.

NCLAT asks CoC to reconsider value of DHFL's recoverable assets

With this order, now the CoC have to reconsider the provision of section 66 of IBC which mandates that the benefit should go to all the creditors of DHFL, 63 Moons said.

Multi Commodity Exchange ditches 63 Moons, picks TCS as new technology partner

This is the first time that MCX is changing its technology partner. Currently, 63 Moons Technologies which was the founder-promoter of MCX, is providing technology for the clearing and settlement software at MCX.

NSEL scam | Anjani Sinha's arrest: How things unfolded

The Central Bureau of Investigation, Serious Fraud Investigation Office and Enforcement Directorate have been investigating the NSEL scam.

SEBI rejects 63 Moons’ renewal application

SEBI has, however, allowed 63 Moons to provide necessary services for a period not exceeding three months from the date of its order

SC sets aside order for merger of NSEL with 63 Moons

The matter is not of 'public interest', the apex court noted.

NTT Data buys majority stake in Atom Technologies for $9.24 mn

It will be investing another USD 1.5 million as growth capital for the company, which was promoted by the scam-tainted Jignesh Shah's Financial Technologies, which was renamed as 63 Moons following the controversy.

HC seeks 63 Moons' stand over govt objection to de-freezing its a/cs

A bench of Justices Shantanu Kemkar and M S Karnik asked 63 Moons, formerly known as Financial Technologies, to file its reply to the government's objection within a week.

Sebi speeds ups investigation in MCX insider trading case

The regulator has sent show cause notices to Jignesh Shah, key management personnel and employees of Multi Commodity Exchange and 63 Moons, a source told Moneycontrol.

Never received any money from NSEL's profit, says FTIL

Embattled Financial Technologies has told shareholders that it never got any money from NSEL's profit and also cautioned them against vested interests spreading rumours about the government order on merging the bourse with the company.

ROC approves FTIL name change to 63 Moons Technologies

FTIL today said that it has received approval from the Registrar of Companies (ROC) for changing its name to 63 Moons Technologies.